This paper offers an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources...
This book sets out why climate policies are successfully adopted in some cases butmeet substantial opposition in others. Guided by the 4i Framework—covering four keycomponents of the political economy:...
Based on global datasets, 4.5 billion people were exposed to extreme weather events (flood, drought, cyclone, or heatwave) in 2019, an increase from 4 billion in 2010. Among exposed people in 2019, 2.3...
While countries increasingly commit to pricing greenhouse gases directly through carbon taxes or emissions trading systems, indirect forms of carbon pricing—such as fuel excise taxes and fuel subsidy reforms—remain...
Analyzing the macroeconomic consequences of a transition to a net-zero economy creates specific modeling challenges, including those related to the non-marginal nature of the required transformation, the...
Previous studies have explored potential conflicts between ending poverty and limiting global warming, by focusing on the carbon emissions of the world’s poorest. This paper instead focuses on economic...
Flood exposure is likely to increase in the future as a direct consequence of more frequent and more intense flooding and the growth of populations and economic assets in flood-prone areas. Low-income...
Opposition to climate policies seems to arise, at least partly, from their effects on inequality. However, so far, the impact of climate policies on inequality has mainly been studied through the lens...
As countries rapidly urbanize, settlements are expanding into hazardous flood zones. This study provides a global analysis of spatial urbanization patterns and the evolution of flood exposure between 1985...
Natural disasters can generate substantial damages to public and private sector infrastructure capital, generating macroeconomic losses through complex channels. To minimize the welfare impact of these...
Conventional risk assessments underestimate the human and macroeconomic costs of disasters, leading to inefficient risk management strategies. This happens because conventional assessments focus on asset...
This study explores how businesses in Tanzania are impacted by floods, and which strategies they use to cope and adapt. These insights are based on firm survey data collected in 2018 using a tailored questionnaire...
This paper investigates the land value creation potential from flood mitigation investments in a theoretical and applied setting, using the urban area of Buenos Aires as a case study. It contributes to...
When a disaster strikes, it not only affects households’ physical assets, but also their income levels and ability to contribute to the local economy. Critically, these socio-economic disparities shape...
Resilience is the capacity to prepare for disruptions, recover from shocks, and grow from a disruptive experience. The World Bank Group has developed a Resilience Rating System that provides guidance and...
As humanity’s current production and consumption patterns exceed planetary boundaries, many opinion leaders have stressed the need to adopt green economic stimulus policies in the aftermath of the COVID-19...
Resilience is the capacity to prepare for disruptions, recover from shocks, and grow from a disruptive experience. The World Bank Group has developed a Resilience Rating System that provides guidance and...
Effective action on resilience and climate change adaptation can be a complex task – requiring coordinated efforts from the highest levels of government to individual households and firms. The Adaptation...
Thousands of scenarios are used to provide updated estimates for the impacts of climate change on extreme poverty in 2030. The range of the number of people falling into poverty due to climate change is...
The COVID-19 crisis is causing massive suffering across the globe. In addition to the human consequences of the disease, containment measures to slow down and control the virus have deprived people of...