The cost of heatwaves in Europe
Economic losses in Europe are projected to increase by almost a factor of five by 2060 compared to the historical damages experienced and will affect more the areas where heatwave-induced productivity damages are already pronounced, with a clear north-south gradient in economic losses. A study just published on Nature Communications and realized with the contribution […]
RFF- CMCC Navigate Webinar 30 June 2021
Abstract The deployment of solar photovoltaic (PV) technology has consistently outpaced expectations over the past decade. However, long-term prospects for PV remain deeply uncertain, as recent global scenarios span two orders of magnitude in installed PV capacity by 2050. In this study, authors systematically compile an ensemble of 1,550 scenarios from peer-reviewed and influential grey […]
Nigeria: industry-wide collaboration, cooperation, and consensus for a transition to green economy
“Effectively, change is almost impossible without industry-wide collaboration, cooperation, and consensus.” The quotation of Simon Mainwaring above echoed the main objective of Maruf, a Marie Sklodowska-Curie Actions fellow at the RFF-CMCC European Institute on Economics and the Environment, Milan on his mission to Nigeria for ECO-innovation and the Dynamics of External Knowledge Sourcing (ECO-DEKS) project. […]
A team of Italian researchers supports central banks in assessing climate risks through the development of new macroeconomic models
A novel project funded by the International network for sustainable financial policy insights, research and exchange (Inspire) – with the participation of Scuola Superiore Sant’Anna di Pisa, Rff-Cmcc European Institute on Economics (Milan), Bocconi University, Politecnico di Milano – is underway. Coordinator Francesco Lamperti: “Synergy of fiscal, monetary and macroprudential policy to ensure a […]
South Africa: the rising temperatures will cost up to 20% of per capita GDP
Reduced wage gap between high-skilled and low-skilled workers, and severe impacts on economic productivity. Climate change effects on economics and labour in a new study led by EIEE (RFF-CMCC European Institute on Economics and the Environment) and the CMCC Foundation. Temperature rise due to climate change has negatively affected labour productivity in the past decades and […]
