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The aim of this policy paper is to characterize the current situation of Tunisian municipalities in matters of climate change policies and actions and to understand the barriers and best practices. By surveying municipalities in Tunisia, we were able to provide an overview of the Tunisian municipalities in matters of climate change actions and strategies, as well as finding the main barriers and best practices. First, we found that most Tunisian municipalities are facing different effects of climate change. Second, the majority of municipalities do not have a strategy for mitigation and adaptation of climate change at the local level. Third, the main barrier that municipalities face in investing in climate change actions is the lack of financial resources and funding. Four, we have identified some of the best climate change mitigation and adaptation practices of surveyed cities, which should be taken into consideration and implemented also by the other cities. [ABSTRACT FROM AUTHOR]

This study is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa (SSA). Using data on two climate variables: temperature and precipitation, and employing panel cointegration econometric technique of the long- and short-run effects of climate change on growth, we establish that temperatures beyond 24.9 °C would significantly reduce economic performance in SSA. Furthermore, we show that the relationship between real GDP per capita on one hand and temperature on the other is intrinsically nonlinear. [ABSTRACT FROM AUTHOR]

We review and examine three market-based instruments to address the challenge of climate change: emission trading, emission taxes, and hybrid instruments. Our main contribution is the illustration and comparison of these instruments using recent results from theoretical research and practical policy experience. Hybrid policies that aim to combine taxes and permits emerge as a promising way forward. An additional contribution is that we also comment on two other related concepts, namely, innovation strategies and prediction markets. For the former, we show that, to make economic sense, the much publicized Asia-Pacific Partnership on Clean Development and Climate has to rely on the same basic tool as the other instruments, namely, relative prices. For the latter, we discuss how prediction markets can complement traditional scenario analysis by experts. They are likely to improve the practical implementation of all previously discussed methods. [ABSTRACT FROM AUTHOR]