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WORKING PAPERS
April 15, 2024
Adaptation is not a universal response to climate shocks, and while a lot of studies are geared towards building adaptive capacity of households, particularly in developing country settings, more recognition should be given to cultural and religious factors that may significantly mitigate responses.
WORKING PAPERS
February 20, 2024
This paper provides a discussion of future trends as established in the literature on the interaction between socioeconomic indicators and projected future climate change scenarios. It enhances our understanding of future predicted patterns of climate change effects in the coming decades and the nee...
WORKING PAPERS
January 31, 2023
What is the response of bank foreign subsidiaries to climate policy in their host countries? We find that global banks with high environmental performance increase their presence in countries after local authorities strengthen their climate-related actions. Our findings show that strengthening clima...
WORKING PAPERS
October 27, 2022
There is considerable interest in increasing private participation in infrastructure to meet the twin goals of climate mitigation and development in low- and middle-income countries. At the same time, this infrastructure needs to make returns in order to be financially sustainable.
WORKING PAPERS
June 25, 2022
We use new, detailed oil data and an event-study design to analyze political change in 36 oil-producing countries that experienced at least 10 years of declining production. We find that when their production starts to decline, they become significantly more democratic, relative to both the overall ...
WORKING PAPERS
August 20, 2018
While previous studies have found a positive relationship between the reliability of power and firm growth, we find that such a clear relationship seems not to prevail. In other words, some firms are able to cope with an unreliable supply of power while many others do not.
WORKING PAPERS
July 25, 2018
Kenya’s rapid electrification in the past decade has improved the lives of millions, but significant challenges remain. This paper provides analysis that shows electrification can be improved by considering cheaper options that still meet the needs of low consumers and that low consumption is ...
WORKING PAPERS
July 19, 2018
In 2007, the UN General Assembly adopted the Declaration on the Rights of Indigenous Peoples and the UNFCCC endorsed the Bali Action Plan to pay for reductions in tropical deforestation. This paper reviews the history of efforts to protect indigenous rights and to pay for conserving forests and anal...