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Towards a Decarbonised World: The What and Why of Carbon Trading 

Carbon trading is a market-based instrument designed to reduce greenhouse gas emissions by creating financial incentives to do so. It occurs within various carbon trading markets, usually operating within regulated emission trading schemes (ETSs) such as the EU Emissions Trading Scheme (EU ETS). ETSs can be both voluntary or mandatory and differ in sectoral and […]

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Green Bonds: Challenges, Opportunities, and Their Precarious Place in a Sustainable Future

According to  the International Capital Markets Association (ICMA) [1], green bonds are “any type of bond instrument where the proceeds or an equivalent amount will be exclusively applied to finance or refinance, in part or in full, new and/or existing eligible Green ProjectsThe first green bond was issued by the World Bank in November, 2008

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The Plight of ESGs: the Decarbonization Dream Delayed

Despite environmental, social and governance (ESG) investing being a source of enormous growth in recent years, it is becoming increasingly likely to hinder the decarbonisation agenda. This is rather concerning as governments race towards reducing emissions; the Paris Agreement aims towards carbon neutrality by 2050. However, the combination of surging oil prices, cost pressures for

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factory farming and agriculture

Factory Farming, Agriculture, and Climate Change: The Economics and The Heart of It

As time unpauses and we awaken from our quarantine reveries, the world is attempting to nurse its wounds following the Coronavirus pandemic. Consequently, social conversation around climate change, our nastiest bruise, is becoming increasingly difficult to dismiss. The global health emergency served as a societal alarm bell signaling one of the most palpable effects of

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The Climate Crisis of the 21st Century
Macroeconomic Implications and Policy Responses

Floods, heatwaves and sea level rises – the increasingly present implications of climate change are widely known to the general public. Less well known, however, is that the climate crisis of the 21st century poses tremendous risks to the world economy and financial stability. According to Willem Buiter, extreme implications of global warming could depress

The Climate Crisis of the 21st Century
Macroeconomic Implications and Policy Responses
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Potential impacts of climate change on health – a social justice perspective

2021 has been hailed the ‘make or break’ year in the fight against climate change. While the physical effects of climate change are more actively researched, there is a huge void of evidence concerning its impacts on health.[1] The direct effects of climate change on health are easier to consider, however, health, in large part

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