02045cas a2200301 a 4500 AALejournalIMF023191 230101c9999 xx r poo 0 0eng d 9798400218347 20.00 USD 1018-5941 BD-DhAAL BD-DhAAL Cevik, Serhan. Climate Change and Energy Security : The Dilemma or Opportunity of the Century? / Serhan Cevik. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the connection between climate change and energy security in Europe and provides empirical evidence that these issues are the two faces of the same coin. Using a panel of 39 countries in Europe over the period 1980-2019, the empirical analysis presented in this paper indicates that increasing the share of nuclear, renewables, and other non-hydrocarbon energy and improving energy efficiency could lead to a significant reduction in carbon emissions and improve energy security throughout Europe. Accordingly, policies and reforms aimed at shifting away from hydrocarbons and increasing energy efficiency in distribution and consumption are key to mitigating climate change, reducing energy dependence, and minimizing exposure to energy price volatility. Mode of access: Internet Climate imf Energy and the Macroeconomy imf Energy imf Global Warming imf Natural Disasters and Their Management imf IMF Working Papers; Working Paper ; No. 2022/174 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=174 IMF e-Library