Rafael Ortiz Durán joined BBVA Research in July 2024, as an economist in the area of Climate Change.
He has two bachelor's degrees, one in Economics and one in Law, obtained in the Universidad de Sevilla, where he acquired a basic knowledge of economics. These degrees were complemented with an exchange program in the University of Antwerp. Subsequently, he obtained a Master's degree in Macroeconomic Policy and Financial Markets in the Barcelona School of Economics, where he learnt advanced tools for the macroeconomic analysis and econometrics, mostly focused on time series analysis.
December 13, 2024
Climate scenarios can be clustered by temperature goals and ranked by the feasibility of the policies to achieve them. Under current commitments, scenarios projecting a 2.3°C–3.0°C temperature increase are the most plausible; more ambitious targets require policy shifts -and breakthrough innovation- that are less likely.
November 29, 2024
COP29 reflects that multilateralism in climate action is (hardly) alive, with (small) steps like (minimal) financing agreements for developing economies or (delayed) carbon credit international exchange operations. All in all a small step forward, insufficient to bridge the gap to the Paris Agreement goals.
November 24, 2024
The 2023 Air Emission Accounts highlight an annual decrease in GHG emissions. This reduction has been driven by a transition to a “cleaner” energy mix, coupled with improvements in energy efficiency. These advancements represent a meaningful step forward on the path toward meeting the ambitious climate goals set.
