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Policy publications 4 February 2019

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China’s 14th Plan, sustainable development and the new era

China’s 14th Plan, sustainable development and the new era

a policy publication by Isabella Neuweg, Nicholas Stern  7 May, 2019

Isabella Neuweg and Nick Stern describe the systemic reforms that could foster the investments in physical, human, natural and social capital that will drive forward China’s new era of high-quality, sustainable and inclusive growth and development. At the same time China can provide great support for its partner countries in the Belt and Road as they seek sustainable and inclusive development. read more »


Institutions, climate change, and the foundations of long-term policymaking

Institutions, climate change, and the foundations of long-term policymaking

a working paper by Jared J. Finnegan  9 April, 2019

This paper focuses on the role of political institutions, particularly electoral rules, and state–business relationships, to ask why some countries take strong action to address long-term problems like climate change while others do very little. read more »


Patterns of outdoor exposure to heat in three South Asian cities

Patterns of outdoor exposure to heat in three South Asian cities

a research article by Christian Siderius  9 April, 2019

Low socio-economic status has been widely recognized as a significant factor in enhancing a person’s vulnerability to climate change including vulnerability to changes in temperature. Yet, little is known about … read more »


The global consumer incidence of carbon pricing: evidence from trade

The global consumer incidence of carbon pricing: evidence from trade

a working paper by Lutz Sager  4 April, 2019

This paper estimates the global distribution of the costs to consumers from carbon pricing, finding that some policies may be considered regressive for their burden on poorer consumers – but that the benefits from mitigating climate change may weaken or reverse the regressive effect. read more »


The evolving landscape of climate services in sub-Saharan Africa: What roles have NGOs played?

The evolving landscape of climate services in sub-Saharan Africa: What roles have NGOs played?

a research article by Lindsey Jones  3 April, 2019

With recent growth in funding and research on “resilience building”, interest in climate services has risen dramatically. Included in this trend is an increased emphasis on the use of climate … read more »


The impact of management practices on employee productivity: A field experiment with airline captains

The impact of management practices on employee productivity: A field experiment with airline captains

a working paper by Greer Gosnell, John List, Robert Metcalfe  28 March, 2019

This paper draws on the findings of a field experiment with Virgin Atlantic Airways which showed that changes to the behaviour of pilots brought about through monitoring, target setting and small incentives helped bring about fuel savings and, as a result, large cuts in carbon dioxide emissions. read more »


Sustainability and internationalism:  driving development in  the 21st century

Sustainability and internationalism: driving development in the 21st century

a policy publication by Nicholas Stern  28 March, 2019

Nicholas Stern contends that embarking on a path of strong, sustainable and inclusive growth can deliver the zero-carbon economy and the Sustainable Development Goals, and that such a strategy both requires, and can help create, a new internationalism. This is an extended version of a lecture by Professor Stern delivered in February 2019 at the University of Cambridge. read more »


Hyperbolic discounting in the absence of credibility

Hyperbolic discounting in the absence of credibility

a working paper by Ben Groom, Elisa Cavatorta  25 March, 2019

The authors of this paper show theoretically that lack of credibility introduces a present bias, as subjects internalise the uncertainty. Hence, experiments that do not ensure credibility may erroneously conclude that observed behaviour is driven by hyperbolic pure time preferences, rather than the rational response to non-credible payoffs. read more »


For want of a chair: teaching price formation using a cap and trade game

For want of a chair: teaching price formation using a cap and trade game

a working paper by Stefano Carattini, Eli Fenichel, Alexander Gordan, Patrick Gourley  22 March, 2019

This paper describes the benefits of a game created as an active learning method to teach current and future decision-makers about the ‘cap and trade’ system, one of the most innovative policy options developed by environmental economists. read more »


Legislating for a low carbon and climate resilient transition: learning from international experiences

a policy publication by Alina Averchenkova  14 March, 2019

This paper aims to inform policy experts, legislators and decision makers on recent trends in climate change policy-making around the world and draws on the lessons learnt in relation to … read more »