Carbon leakage through firms’ supply chain adaptation
Carbon taxes incentivise substitution toward cleaner energy. Pierre Coster, Julian Di Giovanni and Isabelle Mejean discuss carbon leakage in the context of European policies
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Climate action
Labour market transitions in a greener economy
The transition to a greener economy will entail reallocating workers from high-polluting to ‘green’ jobs. Emilia Soldani, Maxime Nguyen, Tomomi Tanaka and Orsetta Causa investigate the role of structural and policy factors in the transition
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Climate change and conflict
Climate is increasingly linked to human conflict. Marshall Burke, Solomon Hsiang and Edward Miguel consider the literature and argue for policies like a robust social safety net and political inclusion to ensure a more peaceful future
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Global uncertainty reduces innovation in renewable energy
The green transition faces significant challenges. Luca Bettarelli, Davide Furceri and Pietro Pizzuto examine the impact on innovation due to economic and policy uncertainty
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How the EU should respond to Trump’s tariffs
The return of Donald Trump raises fundamental challenges for the EU. Ignacio García-Bercero, Petros Mavroidis and André Sapir focus on possible new tariffs based on statements made by the President-elect
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A trade policy framework for the EU-UK reset
A reset in the relationship between the UK and the EU is underway. Ignacio García-Bercero recommends the main elements of the reset that would introduce a new dynamic into the EU-UK trade relationship
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The trade and industrial nexus
The climate crisis is a global emergency. Trade policy has long been a driver of an unfettered economic globalisation and Isabelle Brachet argues for a new approach
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Trade, peace, and the business case for improved humanitarian response
Disasters are increasing in their intensity. Vaeme Afokpa discusses the common business sense to join the response, save lives and communities, as well as prevent further deterioration or instability
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Keeping the Green Deal on track
There is no green transition without green investment. Jean Pisani-Ferry and Simone Tagliapietra assess the investment needed to achieve the 2030 climate goal and climate neutrality by 2050
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Net zero and financial stability
Dirk Schoenmaker and Hesse McKechnie argue that central banks should take a macro approach to managing system-wide risks stemming from the climate transition to net zero
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