We analyze the interaction between a reliable source of electricity production and intermittentsources such as wind or solar power. We first characterize the optimal energy mix, emphasizing the…

This Brief presents a framework that can be used to assess the potential impact of Payments for Environmental Services (PES) schemes. Factors that determines the impact of PES are discussed such as…

What are the impacts of climate change on the Ethiopian economy? Agriculture in Ethiopia is heavily dependent on rain. In addition to its low adaptive capacity, its geographical location and…

Deforestation and forest degradation are estimated to account for between 12 percent and 20 percent of annual greenhouse gas emissions. These activities, largely in the developing world, released…

How does uncertainty about “dangerous” climate change affect the prospects for international cooperation? Climate negotiations usually are depicted as a prisoners’ dilemma game; collectively…

We argue for integrating the consideration of location in policy planning in three ways, in order to help to predict policy impacts on deforestation and, thereby, improve policy choices. Policies must…

Climate change is one of the main problems affecting the global environment which is critical to human welfare. Although the least developed countries (LDCs) in general and Africa in particular…

Climate change and escalating environmental degradation risk becoming key constraints to economic growth and human development. Poor women and men in developing and transitional countries are…

This paper presents an empirical analysis of the impact of climate change on agriculture in a typical developing country. The economic implications of climate change are estimated by using both a farm…

The economics of climate change and the various measures that should be implemented to reduce future damages are highly tied to the use of cost-benefit analysis. Traditional approaches ignore the fact…