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Stress-testing development pathways under a changing climate: water-energy-food security in the lake Malawi-Shire river system | Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences

Stress-testing development pathways under a changing climate: water-energy-food security in the lake Malawi-Shire river system | Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences
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A framework to decarbonise the economy | VOX, CEPR Policy Portal

Despite the commitments of the 2021 UN Climate Change Conference, countries’ climate mitigation policies are not enough to meet their ambitious emissions reduction targets. This column puts forward a framework for designing comprehensive decarbonisation strategies that promote growth and social inclusion. A policy mix based on three components is needed: (1) emission pricing,

Carbon emissions reductions from Indonesia s moratorium on forest concessions are cost-effective yet contribute little to Paris pledges

More than a decade after the global adoption of REDD+ as a climate change mitigation strategy, countries have started accessing results-based payments. However, the extent to which payments are actually based on results is unknown, necessitating program evaluations to establish the contribution of REDD+ to the Paris NDCs. We undertake a microeconometric evaluation of one of the most globally significant REDD+ initiatives, Indonesia’s moratorium on forest concessions, in which a payment has been awarded. At the agreed US$5/tCO2-eq, the value of our estimated cumulative carbon emissions far exceeds the proposed payment from the donor, Norway. Although cost-effective, the emissions reductions only contribute 3 to 4% of Indonesia’s NDC. This contribution could be increased in new initiatives with better-designed incentives and institutional arrangements. All replication materials, including processed datasets, regression routines, and R scripts used to generate our results, have been

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