The transition to a green economy will require large investments by firms. This column uses new survey data to study the importance of climate-related investment for UK firms. Over half of firms expect climate change to have a positive impact on their investment in the medium term, and around two-thirds of these investments are expected […]

We are fast approaching critical tipping points where climate impacts could become irreversible. How we manage the earth’s water has the potential to either propel us closer to these thresholds or pull us back from the brink. A meta-analysis of the World Bank’s Country Climate and Development Reports shows that across the globe, water-related climate risks threaten the very systems that […]

As we approach COP29, modelling the relationship between climate variables – such as temperature and precipitation – and economic output offers valuable insights into the potential economic damage resulting from future climate change (Bilal and Rossi-Hansberg 2023). However, researchers encounter substantial uncertainty when examining these impacts (Aerts et al. 2024), which leads to a wide […]