Call for Papers: JGD Special Issue on Climate Change and Development

The biggest developmental challenge facing the world today is climate change and global warming. For keeping the world below the 1.5⁰ C threshold of global warming, it is necessary to end the rising emission before 2025. COP26 provided serious push towards this goal, where more than 130 countries committed to achieve Net Zero between 2050 and 2070. As an outcome, the energy transition away from fossil fuels is inevitable. Rapid, transformative green transitions will require an unprecedented mobilization of resources and investment, particularly for countries that rely on fossil fuels as a major source of revenue. So, it is certain that the energy transition will not happen without a significant fiscal transition. Also, climate change related policies that are adopted in one country can have significant macro-critical implications in other countries. Net zero transformations, therefore, require strong global support and coordination to maintain financial stability in the carbon intensive countries. Climate change and policy responses to climate change pose significant risks to financial and fiscal stability, poverty and inequality and the long-run growth prospects of the world economy. But to date, there has been limited attention paid to the fiscal transition and spillover risks that the world is going to face in the coming decades. The special issue will focus on the various developmental aspects related to climate change.

The relevant topics include, but are not limited to, the following:

• Fiscal impact of climate change in developing economies
• Climate change and public debt
• Climate change and international trade
• Macroeconomic impacts of Climate change
• The social challenge of climate induced energy transition
• Climate change and fiscal/monetary stability
• Spillover impacts of climate change
• Climate change and Multilateralism

The authors are open to both theoretical and empirical work, and proposals of 1500 words or less are due September 1, 2023. The proposal should include the question(s), research method, and any preliminary findings if available. Please email proposals to [email protected] with the subject line: “JGD Special Issue on Climate Change and Development” or submit completed papers directly via the link and indicate that they are for the Special Issue on Climate Change and Development.

All papers will be refereed and may not be published elsewhere. Publication of the special issue is targeted by June 2024.

Guest Editors for the special Issue:

Aasheerwad Dwivedi, PhD, Assistant Professor, FMS, University of Delhi and Associate Fellow, CSEP.

Abebe Shimeles, PhD, Honorary Professor, University of Cape Town, South Africa