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The report evaluates the IMO Net-Zero Framework (NZF), a hybrid measure combining a GHG Fuel Intensity (GFI) standard with a two-tier carbon pricing system. It concludes that the NZF is likely to result in modest emission reductions of 10-15% by 2030, falling short of the 1.5°C-compatible requirement of a 45% cut. The analysis highlights a weak effective carbon price of approximately USD 10–15/tCO₂eq, which is insufficient to make zero-emission fuels competitive and risks locking in fossil LNG. Revenue generation is projected to be limited (around USD 15 billion annually), significantly lower than a high flat levy scenario. The report also examines the distributional impacts, noting that SIDS and LDCs may not receive sufficient funding, and proposes integration pathways for the EU to maintain its climate ambition while participating in the global scheme.

The document examines how fragile states—characterized by poverty and weak institutions—are prone to recurring armed conflict. It describes a 'conflict trap' where low development leads to war, and war further degrades GDP and public services. The authors argue that the international community can break this cycle during peace settlements by deploying robust peacekeeping operations to solve 'commitment problems' and by ensuring peace agreements are inclusive of women and civil society rather than relying solely on elite bargains.

The research paper argues that South Africa's trade protectionism creates a net negative effect on social welfare by distorting the economy through four main channels: exchange rate, input demand, purchasing power, and retaliation. It highlights that while specific industries gain, the broader economy suffers from reduced GDP, higher costs for downstream industries, and lower productivity. The author criticizes recent government industrial policies for relying on interventionist tools and 'picking winners,' suggesting instead a shift toward unilateral liberalisation, a rule-based tariff structure using the Swiss formula, and the opening of service markets.

The report finds that the EU's current regional/zonal pricing model impedes the integration of the 200 GW of new renewable energy needed by 2020 by limiting cross-border flows and failing to provide transparent investment signals. Through quantitative simulations, the authors demonstrate that a nodal pricing system would increase international power transfers by up to 34% and generate annual system variable cost savings between €0.8 billion and €2.0 billion, depending on wind power penetration.

The research evaluates how different market designs affect the European power grid's ability to integrate wind energy. It finds that the current zonal pricing system fails to reflect the physical reality of the grid, leading to inefficient network use and higher costs. Simulations using the MADRID and DRESDEN models demonstrate that a nodal pricing regime would increase international power transfers by up to 34% and generate annual system variable cost savings between €0.8 billion and €2.0 billion, depending on wind penetration levels.