India is the world’s third-largest emitter of CO2 and coal-fired power plants contribute approximately half of India’s CO2 emissions. Indian government policies assume a significant expansion of coal-fired power in India over the next two decades. This paper compares the costs of coal and renewable power, including  quantifiable domestic external costs, in 2018 as well as projections for 2025. Our estimate for the environmental cost of coal is 2.4 US ¢/KWh (1.64 Rs.KWh) in the financial year 2018–19.

Sub-Saharan African is in a unique position to reap the socio-economic and environmental benefits of renewable resources, and the energy efficiency practices as the demand for energy in the continent grows. Assessment of the financing potential and the related obstacles for the financing deployment of renewable energy and energy efficiency sectors mapping will be a step forward to help in mobilizing the financial flows into sectors.

The management of rangelands, including climate change adaptation strategies, is primarily responsible for stimulating livestock productivity, which consequently improves food security. This paper investigates the impact of climate change adaptations on food security among pastoralists in semi-arid parts of Kenya, who have not received due attention to date. Using an endogenous switching regression model, the current study revealed that pastoralists’ food security increased significantly when they employed measures to adapt to climate change.

This study was undertaken in Laikipia County, Kenya, to identify factors influencing the choices of strategies by pastoralists to adapt to climate change. The study particularly evaluates the role of perceived climate extremes (frequency of dry spells and droughts), early warning information, and access to private ranch grazing, in determining response decisions to climate change. Besides, we test if households jointly adopt climate change adaptation strategies. The primary data collected from 440 sample households was analyzed using the multivariate probit (MVP) model.

Climate scientists, and natural scientists more generally, believe that climate change is a major, perhaps the most important, problem facing humankind this century, and that it is increasingly linked to extreme weather events. However, the impression one gets from much of the economic literature, particularly simulations from integrated assessment models used in policy analysis, is that the potential impacts of climate change are not large enough to warrant aggressive mitigation efforts in the near term.

This paper aims to examine the cross-correlation relationship between EU carbon market price and the economic policy uncertainty. The United Kingdom and the United State of America are chosen as the representative countries. We first conduct the linear analysis to explore the correlation of EU carbon market futures return with the economic policy uncertainty of the two countries. Our findings show that there is no linear correlation between EU carbon market return and economic policy uncertainty.

Abstract