Person:
Rentschler, Jun
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Fields of Specialization
Economics of Development, Environment, and Climate
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Last updated
May 3, 2023
Biography
Jun Rentschler is a Senior Economist at the Office of the Chief Economist for Sustainable Development, working at the intersection of climate change and sustainable resilient development. Prior to joining The World Bank in 2012, he served as an Economic Adviser at the German Foreign Ministry. He also spent two years at the European Bank for Reconstruction and Development (EBRD) working on private sector investment projects in resource efficiency and climate change. Before that he worked on projects with Grameen Microfinance Bank in Bangladesh and the Partners for Financial Stability Program by USAID in Poland. He is a Visiting Fellow at the Payne Institute for Public Policy, following previous affiliations with the Oxford Institute for Energy Studies and the Graduate Institute for Policy Studies in Tokyo. Jun holds a PhD in Economics from University College London (UCL), specializing in development, climate, and energy.
Publication Search Results
1 - 2 of 2
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Publication
Carbon Price Efficiency : Lock-in and Path Dependence in Urban Forms and Transport Infrastructure
(World Bank, Washington, DC, 2014-06)This paper investigates the effect of carbon or gasoline taxes on commuting-related CO2 emissions in an urban context. To assess the impact of public transport on the efficiency of the tax, the paper investigates two exogenous scenarios using a dynamic urban model (NEDUM-2D) calibrated for the urban area of Paris: (i) a scenario with the current dense public transport infrastructure, and (ii) a scenario without. It is shown that the price elasticity of CO2 emissions is twice as high in the short run if public transport options exist. Reducing commuting-related emissions thus requires lower (and more acceptable) tax levels in the presence of dense public transportation. If the goal of a carbon or gasoline tax is to change behaviors and reduce energy consumption and CO2 emissions (not to raise revenues), then there is an incentive to increase the price elasticity through complementary policies such as public transport development. The emission elasticity also depends on the baseline scenario and is larger when population growth and income growth are high. In the longer run, elasticities are higher and similar in the scenarios with and without public transport, because of larger urban reconfiguration in the latter scenario. These results are policy relevant, especially for fast-growing cities in developing countries. Even for cities where emission reductions are not a priority today, there is an option value attached to a dense public transport network, since it makes it possible to reduce emissions at a lower cost in the future. -
Publication
Rapid Urban Growth in Flood Zones: Global Evidence since 1985
(World Bank, Washington, DC, 2022-04)As countries rapidly urbanize, settlements are expanding into hazardous flood zones. This study provides a global analysis of spatial urbanization patterns and the evolution of flood exposure between 1985 and 2015. Using high-resolution annual data, it shows that settlements across the world grew by 85 percent to over 1.28 million square kilometers. In the same period, settlements exposed to the highest flood hazard level increased by 122 percent. In many regions, risky growth is outpacing safe growth, particularly in East Asia, where high-risk settlements have expanded 60 percent faster than safe ones. Developing countries are driving the recent growth of flood exposure: 36,500 square kilometers of settlements were built in the world’s highest-risk zones since 1985–82 percent of which are in low- and middle-income countries. In comparison, recent growth in high-income countries has been relatively slow and safe. These results document a divergence in countries’ exposure to flood hazards. Rather than adapting their exposure to climatic hazards, many countries are actively increasing their exposure.