The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important we

The African continent is facing the potential of a US$183.6 billion liability to repair and maintain roads damaged from temperature and precipitation changes related to climate change through 2100. As detailed, the central part of the continent faces the greatest impact from climate change with...

The impact of climate change on agriculture and poor groups’ livelihoods are one of the greatest potential threats to development and a key challenge in climate change agenda. The North Africa region is particularly vulnerable to climate change due to geographic and ecological features. The...

This paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating...

The emergence of climate finance has the potential to catalyze positive changes in the institutional architecture and distribution mechanisms for financial flows to lower income countries. The nature of the challenge of development in the context of climate change argues for recipient country...

The consequences of climate change for agriculture and food security in developing countries are of serious concern. Due to their reliance on rain-fed agriculture both as a source of income and consumption, many low-income countries are generally considered to be most vulnerable to climate...