Abstract: In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more distortionary the tax system is. In an OLG model with majority voting, we analyze how the choices of mitigation and adaptation are distorted under a lump-sum and a distortionary income tax regime.

Climate change is one of the most important challenges facing the world in general and Africa in particular. This article examines economic costs of climate change and climate finance with a focus on Africa.

Climate change is a serious threat to Africa, in general, and sub-Saharan Africa, in particular, as it is expected to have significant economic, social, and environmental impacts.

The Costa Rican experience: extreme weather events partially explain permanent internal migration as an adaptive measure.