Public-private partnerships as a policy response to climate change

Marco Buso and Anne Stenger ()

Energy Policy, 2018, vol. 119, issue C, 487-494

Abstract: The negative impacts of climate change on the environment and economic activities are increasingly obvious and relevant. Private response to this threat often proves to be inadequate. For example, empirical evidence reveals a sub-optimal investment by firms in energy efficiency projects capable of reducing energy costs and CO2 emissions, as well as adaptation projects able to reduce the vulnerability of the ecosystem. On the other hand, past public programs that provided financial subsidies to the above-mentioned projects have proven to be not particularly cost-effective or able to enhance final performances.

Keywords: Climate change; Public-private partnership; Adaptation; Energy efficiency (search for similar items in EconPapers)
JEL-codes: C61 D81 D82 D86 H11 Q54 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:119:y:2018:i:c:p:487-494

DOI: 10.1016/j.enpol.2018.04.063

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