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February 14, 2025
This study investigates how much the growing penetration of low-marginal-cost renewables contributes to lowering prices, and whether a ‘merit-order effect’ could limit the further expansion of renewable energy in Spain.
February 7, 2025
Narratives play a crucial role in decision-making. As political polarization shapes public opinion, the challenge lies in crafting transformative climate change narratives that are grounded in scientific knowledge, bridge ideological divides, and mobilize effective policies.
January 31, 2025
CBAM should strengthen the EU’s green transition while also promoting fair competition and global decarbonization. It will impact key trade partners, particularly those exporting high-carbon products, pushing them to adopt more sustainable practices.
January 27, 2025
This past week marked Donald Trump's inauguration for his second term as president. This was an expected event following the official confirmation of the results that secured the Republican’s victory.
January 24, 2025
Climate policies have reduced emissions and advanced low-carbon technologies but still fall short of meeting global goals. Achieving the transition toward decarbonization requires effective, context-specific policy mixes, with carbon pricing well-coordinated with subsidies and regulations playing a key role.
January 17, 2025
Trump's second term could roll back climate policies like the Inflation Reduction Act and ESG standards, but renewable energy and decarbonization are expected to demonstrate resilience to changes, supported by state and local policies and geopolitical dynamics.
January 13, 2025
Reality is a stubborn beast. 2024 turned out to be yet another year in which greenhouse gas emissions grew globally (2% according to Global Carbon Budget 2024), with energy efficiency gains or the penetration of renewables in the energy mix failing to counter the effect of increased economic activity.
January 10, 2025
Formal bank commitments to net-zero are facing challenges amid shifting policy perspectives. However, its economic rationale is very much alive for banks seeking (i) growth in green sectors, (ii) strategic alignment with regulatory changes and (iii) helping clients adapt through specialization.
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.
December 13, 2024
Five weeks after the DANA (December 3–9), most indicators in Valencia province displayed stronger performance than those in the rest of Spain. However, foreign card spending continued to lag behind the national growth rate.
December 5, 2024
One month after DANA (week from November 26 to December 2), the majority of indicators in the province of Valencia show a similar evolution to that observed in the rest of Spain, highlighting the acceleration shown in spending by foreigners, car registrations and the most affected municipalities.
December 2, 2024
On November 24, two days later than initially planned, COP29 came to a close. Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC) acknowledged that the final decisions have not satisfied all parties.
