The EU Emissions Trading System is failing at incentivizing low-carbon innovation needed to reach decarbonization by mid-century. Current research suggests that regulatory uncertainty of the EU ETS keeps its market participants from considering the long-term goals behind the emissions trading system. Different reform options are at hand to enhance long-term regulatory credibility and revive the world’s largest climate policy instrument.
In Limbo: Protecting Syrian Refugees in Lebanon
12 septembre 2018
In the wake of the first few hundred Syrian refugees voluntarily returning from Lebanon to war-torn Syria, it is imperative that Lebanon reassesses its obligations as a host country. Whilst it is unlikely that Lebanon will become party to the refugee convention, an updated Memorandum of Understanding with the UNHCR could be the solution.
Getting It Right With Oil
2 août 2018
Ghana is losing revenue from its oil resources due to ineffective taxation, bad contracts and institutional weakness. It requires contract renegotiation and implementation of a wind-fall profit tax in order to maximize revenue from the country’s oil.
Isaac Newton Bortey
To Succeed, Cap-and-trade Must Be Revamped
14 juillet 2018
At first glance, climate change seems an intractable problem. Cap-and-trade could provide the solution. But first, it needs reforms and better communication.
The Dangerous Depoliticization of Economic Numbers
26 février 2018Politique économique
Daniel DeRock exposes the shaky foundations of macroeconomic statistical methods – from GDP figures to debt measurement – and argues for a fundamental rethinking of how scholars and policymakers engage with quantitative indicators.
RE: Divide and Rule
22 février 2018Affaires européennes
The EU should be wary: China bought its way into Cambodia to undermine the coherence of the region’s prime institution, ASEAN – and a similar strategy is being applied in the Union’s periphery. Here’s how Brussels can dodge history’s boomerang without compromising on its strategic interests vis-à-vis its ever-closer Eastern Neighbor.
Moritz Valentino Matzner
Blockchain and the Fight Against Illicit Financial Flows
19 février 2018Développement et santé
Illicit financial flows have staggering consequences for global health and development in the world’s poorest countries. Existing policies address this issue but their success is limited by a paradigm of centralization. Blockchain and mobile technologies have enabled new policy possibilities around a paradigm of decentralization and disaggregation to a wider range of stakeholders.
Public Credit Scores – A Weapon Against Debt Accumulation?
9 février 2018Politique économique
Debt fueled consumption lay at the heart of the global financial crisis of 2008. Now ten years later, rising household debt in developed economies remains a significant issue. In this article Babatunde Valentine Onabajo proposes a novel solution: making individual credit scores public.
Babatunde Valentine Onabajo
Fossil Fuels: The Case For Ending Producer Subsidies
2 février 2018Energie et environnement
Fossil fuel subsidies are bad. Bad for government budgets. Bad for the economy. And bad for the climate. While reform efforts have focused on cutting consumer subsidies, those for production remain prevalent. To realize global climate ambitions, the G20 has to get serious and end producer subsidies.
The Leontief Strategy of Trade Negotiation
31 janvier 2018Politique économique
International trade is under strain and backward-looking trade negotiation strategies play a role in building up this pressure. Drawing on the World Input-Output Database, Andrea Andrenelli adopts a global Leontief approach and develops three indices to make trade policymaking fit for the era of global value chains.