Related papers: Strategic Investment to Mitigate Transition Risks
The financial sector is increasingly concerned with the physical risks of climate change, but economic and financial impact representations are still developing, particularly for chronic risks. Mexico's Central Bank conducted a…
National carbon peak track and optimized provincial carbon allocations are crucial for mitigating regional inequality within the commercial building sector during China's transition to carbon neutrality. This study proposes a top-down model…
Large uncertainties in the energy transition urge decision-makers to develop low-regret strategies, i.e., strategies that perform well regardless of how the future unfolds. To address this challenge, we introduce a decision-support…
The global energy transition toward net-zero emissions by 2050 is expected to increase the share of variable renewable energy sources (VRES) in the energy mix. As a result, industrial actors will encounter more complex market conditions,…
In 2022, fuel combustion in road transport accounted for approximately 21% (760 million tonnes) of CO2 emissions in the European Union (EU). Road transport is the only sector with rising emissions, with an increase of 24% compared to 1990.…
US transmission systems and wholesale electricity markets, albeit federally regulated, often span across multiple state jurisdictions. In this environment, state regulators can strategically exploit this techno-economic coupling to advance…
The chemical industry's transition to net-zero greenhouse gas (GHG) emissions is particularly challenging due to the carbon inherently contained in chemical products, eventually released to the environment. Fossil feedstock-based production…
Recent attempts at cooperating on climate change mitigation highlight the limited efficacy of large-scale agreements, when commitment to mitigation is costly and initially rare. Bottom-up approaches using region-specific mitigation…
Whole-economy scenarios for limiting global warming to 1.5C suggest that direct carbon emissions in the buildings sector should decrease to almost zero by 2050, but leave unanswered the question how this could be achieved by real-world…
The significant carbon footprint of the ICT sector calls for methodologies to contain carbon emissions of running software. This article proposes a novel framework for implementing, configuring and assessing carbon-aware interactive…
With electric power infrastructure increasingly susceptible to impacts from climate-driven natural disasters, there is an increasing need for optimization algorithms that determine where to harden the power grid. Prior work has primarily…
Wildfires and other extreme weather conditions due to climate change are stressing the aging electrical infrastructure. Power utilities have implemented public safety power shutoffs as a method to mitigate the risk of wildfire by…
Under the guidance of the dual-carbon target, the development of the carbon financial system is of great significance to compensate for the gap between green and low-carbon investment. Considering the current state of the development of…
We provide a theoretical framework to examine how carbon pricing policies influence inflation and to estimate the policy-driven impact on goods prices from achieving net-zero emissions. Firms control emissions by adjusting production,…
Addressing climate change effectively requires more than cataloguing the number of policies in place; it calls for tools that can reveal their thematic priorities and their tangible impacts on development outcomes. Existing assessments…
In response to China's national carbon neutrality goals, this study examines how corporate carbon emissions disclosure affects the financial performance of Chinese A-share listed companies. Leveraging artificial intelligence tools,…
Although goal-setting theory predicts that a challenging and specific goal can improve performance, the evidence regarding the effectiveness of an environmental goal in organizations is mixed. Using a panel data set consisting over 700…
Despite the amount of savings available and the money supply managed by financial institutions, significant market failures and the failure of carbon pricing strategies prevent sufficient financing of the transition, notably through bank…
The building sector is the largest emitter globally and as such is at the forefront of the net-zero emissions pathway. This study is the first to present a bottom-up assessment framework integrated with the decomposing structural…
Climate neutrality paradigms put electricity systems at the core of a clean energy supply. At the same time, indirect electrification, with a potential uptake of hydrogen or derived fuel economy, plays a crucial role in decarbonising the…