This volume presents new developments in the research on ancillary benefits. Twenty years after the influential OECD report on ancillary benefits, the authors discuss theoretical innovations and offer new empirical findings on various ancillary effects in different world regions. Covering topics such as ancillary health effects associated with reduced air pollution, the influence of ancillary benefits on international cooperation on climate protection, co-effects of carbon capture and storage, ancillary effects of adaptation to climate change, multi-criteria decision analysis covering multiple effects of climate protection actions, and the analysis of primary and ancillary effects within an impure public goods framework, it provides starting points for further research on integrated climate policies seeking to address a range of policy objectives simultaneously.

This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.

Environmental policy may produce effects which go beyond the scope of the specific policy's initial aim. Reforestation, for example, generates positive benefits not only in the shape of climate protection but also in the shape of the combat of biodiversity loss and it may also raise the attractiveness of a region for tourists. There are several examples of environmental policies, generating initially unintended co-effects. These co-effects are not always positive, of course. This book addresses the wide range of (co-)effects associated with environmental policies which may increase or decrease the attractiveness of these policies. Therefore, the book's scope goes beyond the standard economic analyses, which regularly postulate a specific cause-and-effect chain. The complexity and wide range of benefits is investigated from different perspectives and by means of different methodologies. Among the environmental policies discussed are climate mitigation policies as well as adaptation policies. The inclusion of all relevant effects of environmental policy (and therefore not only of the primarily intended effects) tends to have a strong impact on the efficient policy design. The areas which are covered by the book will be of great interest mainly for economists (environmental economics, ecological economics), ecologists and political scientists as well as practitioners, scientists and policy makers.

The 2015 Paris Accord stated the aim to limit the increase in global mean temperatures to 2C compared to pre-industrial levels and if possible, keep it down to 1.5C. Achieving this is possible, but the costs incurred are uncertain and the distribution of costs among nations is indistinct. Furthermore, even if the goal is realised, significant impacts from climate change can be expected. Evidence indicates that these will be felt most severely in countries that are relatively poor. These effects of climate change will be added to by the measures taken to reduce GHGs. Together, they will determine how climate change affects the prospects for development across the globe. The analysis of the interplay between climate change and policies to combat it on the one hand and development on the other are the focus of this book.

How is the struggle against climate change financed? Climate Finance: Theory and Practice gives an overview of the key debates that have emerged in the field of climate finance, including those concerned with efficiency, equity, justice, and contribution to the public good between developed and developing countries. With the collaboration of internationally renowned experts in the field of climate finance, the authors of this book highlight the importance of climate finance, showing the theoretical aspects that influence it, and some practices that are currently being implemented or have been proposed to finance mitigation and adaptation policies in the developed and developing world.

Environmental policy may produce effects which go beyond the scope of the specific policy s initial aim. Reforestation, for example, generates positive benefits not only in the shape of climate protection but also in the shape of the combat of biodiversity loss and it may also raise the attractiveness of a region for tourists. There are several examples of environmental policies, generating initially unintended co-effects. These co-effects are not always positive, of course.

This book addresses the wide range of (co-)effects associated with environmental policies which may increase or decrease the attractiveness of these policies. Therefore, the book s scope goes beyond the standard economic analyses, which regularly postulate a specific cause-and-effect chain. The complexity and wide range of benefits is investigated from different perspectives and by means of different methodologies. Among the environmental policies discussed are climate mitigation policies as well as adaptation policies. The inclusion of all relevant effects of environmental policy (and therefore not only of the primarily intended effects) tends to have a strong impact on the efficient policy design.

The areas which are covered by the book will be of great interest mainly for economists (environmental economics, ecological economics), ecologists and political scientists as well as practitioners, scientists and policy makers.

This volume presents new developments in the research on ancillary benefits. Twenty years after the influential OECD report on ancillary benefits, the authors discuss theoretical innovations and offer new empirical findings on various ancillary effects in different world regions. Covering topics such as ancillary health effects associated with reduced air pollution, the influence of ancillary benefits on international cooperation on climate protection, co-effects of carbon capture and storage, ancillary effects of adaptation to climate change, multi-criteria decision analysis covering multiple effects of climate protection actions, and the analysis of primary and ancillary effects within an impure public goods framework, it provides starting points for further research on integrated climate policies seeking to address a range of policy objectives simultaneously.

This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.

This textbook provides a solid introduction to the theoretical and empirical aspects of environmental economics, and their links to environmental policy. It advocates drawing on the economist's toolbox as a powerful means of finding solutions to environmental problems by addressing the conflict between the societal costs of pollution on the one hand, and the financial costs of emissions reduction on the other. The book presents the main economic theory approaches to handling environmental problems and assessing the monetary value of environmental quality; the most relevant environmental policy instruments and challenges involved in their effective real-world application; and both national and global environmental problems addressed by environmental negotiations and agreements. Given its scope, the book offers a valuable basis of information for students, and for policymakers pursuing effective environmental policies.

This textbook provides a solid introduction to the theoretical and empirical aspects of environmental economics, and their links to environmental policy. It advocates drawing on the economist's toolbox as a powerful means of finding solutions to environmental problems by addressing the conflict between the societal costs of pollution on the one hand, and the financial costs of emissions reduction on the other. The book presents the main economic theory approaches to handling environmental problems and assessing the monetary value of environmental quality; the most relevant environmental policy instruments and challenges involved in their effective real-world application; and both national and global environmental problems addressed by environmental negotiations and agreements. Given its scope, the book offers a valuable basis of information for students, and for policymakers pursuing effective environmental policies.