Climate-induced projected range shifts of exploited species would lead to a redistribution of stocks. Evaluating the combined ecological and socio-economic consequences of projected changes in Mediterranean fisheries due to climate change has remained largely unexplored. This study aims to identify the most affected stocks by climate change and more vulnerable countries in the region. Thus, we calculated

In this paper we examine the stability of international environmental agreements about a (common) emissions target. By signing the agreement, the parties develop a sense of responsibility to the commitment made, gaining a self-image that contributes to their utility. We study a dynamic two-stage game where all countries act individualistically. We investigate how two fundamental components of the model

Water allocation policies play a key role in determining the impact of drought events on the macroeconomic system. Economic agents may find it difficult to modify their production structure immediately, and will therefore try to maintain current production and commercial patterns. The study takes this behavior into account and combines a Multi-Regional Input-Output model with a Non-Linear Programming

This research investigates factors driving citizen participation in renewable energy communities (RECs) using demographically representative surveys including a discrete choice experiment on attributes of RECs and a contingent valuation experiment on intended amounts of investment in RECs in France, Germany, and Poland. We investigate, in particular, whether municipalities can incentivize citizens

Invasive alien species (IAS) threaten world biodiversity, ecosystem services, and economic welfare. While existing literature has characterized the optimal control of an established IAS, it has not considered how research and development (R&D) into new removal methods or technologies can affect management decisions and costs over time. R&D can lower the costs of control in a management plan and creates

Interstate conflicts are complex and often have a multitude of causes. These factors can be social, economic, or cultural. One social factor receiving little attention in the literature is international migration. This paper uses climate shocks as a driver of emigration to study the causal impact of immigration on conflicts. We find that climate-induced immigration increases the probability that the

In this research, we use econometric analysis to estimate the impacts of the Black Sea Grain Initiative on international wheat and corn prices. Using these results, we assess the economic value of the treaty to the global food system, as well as the regional distribution of the associated welfare savings. We find that the Russian Invasion created economic costs of approximately $116.05 billion in the

Because of land privatisation and marketisation in rural areas, community-based adaptation to climate change may face new challenges. A field survey conducted on the Qinghai–Tibetan Plateau (QTP) shows that herders with a grassland collective management system (CMS) suffer higher livestock mortality than those with an individual management system (IMS) during the same extreme climatic events, in contrast

This paper combines panel data from nationally representative household-level surveys in Nigeria with long-term satellite-based spatial data on temperature and precipitation using geo-referenced information related to households. It aims to quantify the impacts of climate change on agricultural productivity, income shares, crop mix, and input use decisions. We measure climate change in harmful degree

With climate change, it is becoming more challenging for water-limited cities to sustain historic watering levels in urban parks, leading park managers to consider changes to park designs. However, the extent to which people value parks that deviate from conventional designs featuring primarily irrigated lawn remains uncertain. We use a choice experiment to assess public preferences for different park

Most previous studies evaluating agricultural technology adoption focus on estimating homogeneous average treatment effects across technology adopters. Understanding the heterogeneous effects and drivers of impact heterogeneity should enable interventions to be better targeted to maximise benefits. We apply machine learning using data from a randomised controlled trial to estimate the heterogeneous

Seaborne shipping is the dominant mode of transport in international trade in agricultural products, and an increasing part of seaborne agricultural trade is carried in containers. Furthermore, the majority of world containers are moved through liner shipping services, that is, regular transport services provided by global shipping companies which comprise a dense network connecting ports and countries

Seasonal price variability for cereals is two to three times higher in Africa than on the international reference market. Seasonality is even more pronounced when access to appropriate storage and opportunities for price arbitrage are limited. As smallholder farmers typically sell their production after harvest, when prices are low, this leads to lower incomes as well as higher food insecurity during

Green growth and post-growth are alternative concepts for transformative change. I investigated the amount of support each enjoys among sustainability scholars by performing a global expert survey (n = 461), in which scholars from around the world evaluated what future pathways they would prefer for different country income groups. Support for post-growth was substantial for high-income (77%) and upper-middle-income

This paper examines how resilience capacity mediates or moderates the relationship between weather shocks and household food security based on two waves of farm household survey and satellite-based weather data in northern Ghana and applying econometric models. Results show that resilience capacity moderate or mediates the negative effects of heat stress and drought on food security. However, the mediating

Submissions to the Journal have stabilised since the Covid-related surge in 2020, and continue their strong international pattern. Our response times continue to meet or exceed our targets, with a few regrettable exceptions, for which our sincere apologies. The JAE's citation impact factor increased again in 2021 to 4.16, a modest increase from the 2020 score. Our total 2-year citations, however, show

We use a discrete choice experiment with treatments to test if voluntary adoption of smart water meters by French farmers can be fostered by (i) a collective conditional subsidy offered to farmers who adopt a smart meter only if the rate of adoption in their geographic area is sufficiently high and (ii) informational nudges. Using a sample of 1,272 farmers, we find contrasted results regarding our

Sustainable management of social-ecological systems requires an understanding of how anthropogenic climate- and land use change may disrupt interactions between human societies and the ecosystem processes they depend on. In this study, we expand an existing stylized social-ecological system model by explicitly considering how urbanizing societies may become less dependent on local ecosystem functioning

In an age of unprecedented decline in global biodiversity levels, the task of designing laws that effectively protect nature and biodiversity is urgent. To help address this enforcement deficit, European policymakers have sought to democratise environmental enforcement by conferring citizens and environmental nongovernmental organisations (NGOs) with legal rights of access to environmental information

The beneficial health, wellbeing and liveability impacts of urban nature are broadly evidenced and increasingly engaged with in planning and policy. But anomalies in empirical evidence suggest that benefits do not flow equally to all. This review paper analyses the contribution of existing research on how the material and social context and subjective factors shape the social impact of urban nature

Tropical reforestation is an important strategy to mitigate the global climate crisis through the sequestration of CO2. Together with increasing CO2 prices, carbon storage becomes increasingly relevant for commercial reforestations. Due to higher productivity, mixed-species reforestations have been suggested for carbon plantings. Yet, current studies comparing mixtures and monocultures lack an in-depth

We study how erroneous nutrition assumptions affect manufacturers’ profits and consumer surplus and how the government could intervene to improve welfare. In our model, two manufacturers produce a conventional product and a fad version misperceived to bring health benefits. We compare the laissez-faire outcome to two outcomes: one without false beliefs and the other with information provision reducing

Technological change co-determines agri-environmental performance and farm structural transformation. Meaningful impact assessment of related policies can be derived from farm-level models that are rich in technology details and environmental indicators, integrated with agent-based models capturing dynamic farm interaction. However, such integration faces considerable challenges affecting model development

The extensive adoption of genetically engineered (GE) varieties in U.S. agriculture has dramatically changed the patterns of pesticide use. How this process ultimately affects environmental risk remains an open question. Previous studies have typically relied on aggregate trends to infer the impact of GE crop adoption on pesticide use, which fails to address selection bias and unobserved heterogeneity

Extant research on the circular economy has explored intra- and inter-firm dynamics, activities and drivers, whilst macro level factors — systemic features of the national economy — have been somewhat neglected. In this conceptual article, we use the lens of national business system (NBS) theory to explore how different components and configurations of such systems encourage — or hinder — the adoption

The recent rise in global food prices threatens many countries worldwide, especially the vulnerable populations. Viable coping strategies can only be designed based on the important policy lessons learned from the experiences of these countries in confronting the similar shocks of 2007–2011. However, the disproportionate effects of these events and the impacts of policy responses remain largely unexplored

This conceptual paper emphasizes the need for considering ethical aspects in developing a sustainable economy that meets the challenges of the historic overuse of the planet in the Anthropocene. The paper argues that a sustainable economy is, at its core, an ethical challenge and requires a new ethical underpinning which considers the ethical dimension of sustainability and insights from sustainability

The effectiveness of commitments to zero-deforestation remains debated. An overlooked aspect is the mixture of private and public policies. We study its potential with the concept of hybrid governance applied to two case studies: mandatory FSC certification for forest concessionaires in Gabon and the National Strategy against Imported Deforestation in France. We find that hybrid governance provides

The EU's Green Deal sets out a vision for a clean, competitive, climate neutral circular economy. As a part-solution for decarbonising its industrial base and improving its strategic autonomy, the role of bio-based substitutes is envisaged. Focusing on EU chemicals, the MAGNET simulation model is employed to quantify the impacts from EU bio-based chemical, pharmaceutical and plastic output increases

By fully accounting for the distinct tariff regimes levied on imported meat, we estimate substitution elasticities of Japan's two-stage import aggregation functions for beef, chicken and pork. Although the regression analysis crucially depends on the price that consumers face, the post-tariff price of imported meat depends not only on ad valorem duties but also on tariff rate quotas and gate price

Natural disasters affect economic activities and welfare of small-scale producers in developing countries, but may also offer opportunities to reinvest in productive asset, economic capital, and new technologies for future economic prospects. This paper investigates the impacts of a livelihood recovery project that provided access to finance and rehabilitated communal infrastructures in the coastal

We examine the effects of spouses’ climate risk perceptions (CRPs), defined by their beliefs about unfavourable climatic events and associated damages, on climate change adaptation (CCA) and the observed gender gap in adaptation. Our analysis uses the intra-household data collected by independent interviews with 1,274 female and male spouses in Kenya, Uganda and Senegal. By addressing the CRP endogeneity

Payments for Environmental or Ecosystem Services (PES) schemes have become a popular tool to address environmental degradation and to promote sustainable management of ecosystem services. We use meta-regression analysis on a sample of 110 individual studies to investigate the determinants of the environmental effectiveness, defined as the probability to increase environmental services (ES) provision

The aim of this study is to provide investors, policymakers and others with information on how greenhouse gas (GHG) emissions and green innovation affect corporate financial performance. Although reporting by corporate venture capital (CVC) firms on GHG emissions as well as their green innovation has increased significantly, especially in the last two decades, little is known about how these two factors

The EU biodiversity strategy highlights the relevance of the private sector and its prominent role as potential degrader and as protector of biodiversity. However, the topic of biodiversity seems to be downplayed and disregarded by most companies, and the potential proxies leading them to report on the matter are not yet clear. This exploratory paper aims at assessing the companies' actual engagement

Capital flows in primary markets are key to the low-carbon transition, as capital raised can finance low or high-carbon assets. Yet, fund-level climate-related disclosures have focused on portfolio holdings, reducing the ability of investors to evaluate the impact of capital flows. In particular, as passive funds grow, there is a risk that capital is channelled into carbon-intensive assets through

Recent statutory changes have increased the pressure on the German livestock sector to adapt. This paper aims to ascertain the factors affecting German pig farmers' willingness to join a pig farming exit scheme similar to the Dutch ‘warm restructuring’ programme. The analysis is based on a discrete choice experiment with 346 pig farmers. The results indicate great interest of the respondents in a government-run

Consumers increasingly rate the ethical dimensions of food production, including animal welfare, as important to them but how these concerns influence their food choices remains unclear. To address this, a Discrete Choice Experiment assesses consumers' willingness to pay for chicken meat. The study aims to understand the effects of food labels (RSPCA Assured and Red Tractor), cause-related marketing

Germany remains the only large country in the world without a general speed limit on highways. One of the main arguments for this policy is that lower speeds represent a travel time cost that is not outweighed by benefits, such as a reduction in greenhouse gas emissions. As transport decision making in the European Union is based on cost-benefit analysis (CBA), this paper compares the value of travel

Australia has the largest area of certified organic agricultural land in the world, yet to date there has been no studies conducted on its diffusion. This study used local area census data from 2010/11 and 2015/16 across Australia with a SLX Tobit model to investigate what drove a three-fold increase in organic land area during this time-period. Overall, stronger evidence was found for local spatial

The Indian economy is facing a crisis at three different levels — health, economic and climate-change related. This ongoing crisis has given India an opportunity to change the course of development, a model where people, not profits, form the core. Based on the Indian economy’s employment-generating capacity, we propose an Indian Green Deal (IGD) that generates jobs and fundamentally alters the carbon

This paper analyses the European Commission's assessment of investment needs as implied by the EU's Paris commitment. We find that official estimates of the green investment gap until 2050 are likely to seriously understate actual investment required. Against this backdrop, we assess the potential of a European wealth tax to close this investment gap. In doing so, we first provide a detailed estimate

Intermediaries play a crucial role in the functioning of agricultural and food markets in developing countries through linking production, imports and storage with consumption. We analyse how competition in the intermediary sector and alternative forms of intermediaries determine the incentives for storage and market outcomes more generally. We apply this framework to the Egyptian wheat sector as an

Evidence is lacking on how inequality in homeowner uptake of solar panels has changed over time. This paper assesses changes in inequality over time using four Australian household surveys from 2012 to 2020. There is evidence of an intuitive transition where average uptake for homeowners with net-wealth just below the median (the fourth and fifth deciles) improved first, with subsequent gains for homeowners

Are the forest conservation practices sustained after Payment for Environmental Services (PES) programmes end? Using a sample of 268 (former) PES recipients and non-recipients from the Budongo-Bugoma PES programme in Western Uganda, we employ the before-after-control–intervention (difference-in-difference) approach to estimate the PES programme outcome on their privately owned forests. PES is associated

Continuously increasing consumption of material goods drives current resource and environmental crises, including climate change and loss of biodiversity. Although technology offers solutions, their development and adoption is not at the speed required to address these crises. Therefore, demand side responses have to be triggered using policies, with economists suggesting mainly the use of price signals

The paper addresses a poorly documented issue in the literature, namely the role of clusters in green transformation, including processes related to green, low-carbon, and circular economies. The purpose was to identify and understand the practices of clusters in this area. The adopted mixed research strategy consisted of both qualitative and quantitative research. Both research phases were conducted

The return of wolves to Swiss mountains and the damage they cause to sheep and goat herds in the region have raised concerns about a consequent wave of farm closures. In this paper, we examine the relationship between wolf attacks and the decline of Alpine summer farms, a specific high-altitude farm type. We collected farm structure data and monitoring data on wolf attacks between 2004 and 2021 and

Rotational grazing has the potential to provide both economic and environmental benefits; however, the set of ranchers that adopts is much smaller than the set that regards rotational grazing as a win-win practice. To investigate this adoption gap and learn about adoption decisions and motivations, we survey 874 ranchers on the U.S. Great Plains. We find that a large proportion of surveyed ranchers

Based on a 2020-survey of the Norwegian public (N = 2000), we explore attitudes to eight different polices - covering increasing prices, expanding renewable energy production, and limiting petroleum production - through combining correlation, factor, regression, and cluster analyses. The cluster analysis finds that Norwegians sort into two distinct camps: those who are positive or relatively neutral

The economic effects of global warming have gained considerable attention in the recent economic literature. While the relationship between rainfall and agriculture is well known, precipitations alone do not capture the soil water availability, which depends on the evaporation of the water (potential evapotranspiration [PET]). This paper presents evidence of the relationship between aridification and

Robust decision-making in forestry seeks solutions that reduce the risk of environmental damage and economic losses, which matters for designing forest adaptation measures. We propose a state-of-the-art methodology to identify robust drought adaptive strategies. First, we used a process-based model with an ensemble of climate change scenarios to simulate managed forest dynamics. Second, we quantified

The biophysical foundations of socio-economic systems are underrepresented in the vast majority of macroeconomic models. This lack is particularly troublesome when considering the links between energy, matter and the economy in the context of the energy transition. As a remedy, we present here a biophysical stock-flow consistent macroeconomic model calibrated at the global scale, that combines detailed

We investigate how the receipt and amount of domestic or international transfers influences household decisions regarding farm investment and the selection of capital and labour-intensive crops. We argue that, even though recipient households may use additional income to increase agricultural investment, investment can fall in the short run if labour constraints arising from the migrant member's absence