Climate Economics Focus Forecasting near-term moves in the carbon price This final report of a three-part mini-series establishes a framework for assessing the outlook for the EU carbon price. It takes an in-depth look at the various factors that typically drive the EU... 22nd February 2024 · 7 mins read
Climate Economics Focus Modelling market fundamentals and price dynamics This second report of a three-part mini-series establishes a framework for assessing the outlook for the EU carbon price. It sets out our approach for modelling the fundamental price of an EU carbon... 22nd February 2024 · 10 mins read
Climate Economics Focus A primer on the EU’s emissions trading scheme This first report of a three-part mini-series explains what an emissions trading scheme (ETS) is and how the ETS has evolved since its introduction in 2005. It then explores how reforms to the ETS... 22nd February 2024 · 13 mins read
Latin America Economics Focus Will Chile seize the green transition opportunity? Chile is frequently identified as one of the main beneficiaries of global efforts to put economies on a greener footing, but we doubt that the country will reap the full benefits of this trend. Chile... 6th February 2024 · 21 mins read
Climate Economics Update Regional data lift lid on Canada’s climate credentials To mark the addition of Canada to our Regional Climate Databank, this Update takes a closer look at the sub-national climate-related data in the country. In view of the wider interest, we are also... 5th February 2024 · 4 mins read
Climate Economics Monthly Polluter-pays principle to become more mainstream Amid a flurry of news and action in carbon markets in recent months, this note examines the details and implications of developments around the world. 31st January 2024 · 5 mins read
Latin America Economics Weekly El Niño’s mixed blessings, Argentina’s FX reserves, Pemex Projections released this week highlight that El Niño-related rainfall will provide some relief to Argentina’s key agricultural sector, with bumper corn and soy harvests likely. Higher agricultural... 19th January 2024 · 5 mins read
Green Transition Chart Pack Green Transition Chart Pack (Jan. 2024) Our Green Transition Chart Pack has been updated with the latest data and our analysis of recent developments. Following a period of upward pressure on renewable and battery costs in recent years, the... 18th January 2024 · 1 min read
Climate Economics Update Weak demand to keep lid on EU carbon price in 2024 The downward trend in the EU carbon price since early 2023 has been driven by lower demand for pollution permits on the back of industrial weakness and growth in cleaner energy sources. With energy... 17th January 2024 · 4 mins read
India Economics Weekly Air pollution threat, FDI outlook, CPI data Air quality levels in India have been the worst on record in recent weeks and the country's reliance on coal suggests that this will remain an economic headwind for a long time to come. That doesn't... 12th January 2024 · 4 mins read
Climate Economics Update Clearing the air on the economics of pollution Given the thick smog covering parts of South Asia this winter, forcing schools to shut down and disrupting activity, this Update takes a closer look into the economics of air pollution. In view of the... 8th January 2024 · 3 mins read
Climate Economics Update What to watch on the climate front in 2024 As 2023 draws to a close, this Update looks at three key climate themes to watch in 2024. In short, one should look beyond the inevitable climate-related rhetoric in the run-up to looming elections... 20th December 2023 · 4 mins read
Climate Economics Update Separating fact from myth about renewable capacity The target from COP28 to triple global renewable generating capacity this decade is encouragingly ambitious. But as our Climate Reporting Tools show, the goal will be easier to achieve in some... 14th December 2023 · 2 mins read
Climate Economics Update IMF climate funds to help “mobilise” private finance The extension of climate-related financing by the IMF to vulnerable emerging market economies (EMs) demonstrates how the Fund is factoring in macroeconomic and financial stability risks stemming from... 11th December 2023 · 3 mins read
Climate Economics Update Lessons from Brazil’s first sovereign ESG bond Brazil’s first sovereign ESG bond arrived last month amid much fanfare, but the reality is that any “ESG premium” looked fairly limited to us. And we think ESG bond premia, in general, will likely... 4th December 2023 · 4 mins read
Chief Economist's Note When it comes to the green transition, follow the data not the rhetoric The COP28 jamboree in Dubai will produce a long list of climate promises from governments and corporate leaders, but these will be of little practical help to market participants attempting to track... 4th December 2023