Policy papers 18 March 2014

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Resolving intertemporal conflicts: Economics vs. Politics

Resolving intertemporal conflicts: Economics vs. Politics

a working paper by Antony Millner, Geoffrey Heal  24 November, 2014

Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to manage a common asset. How should this be done? We … read more »


Path dependence, innovation and the economics of climate change

a policy report by Philippe Aghion, Cameron Hepburn, Alexander Teytelboym, Dimitri Zenghelis  24 November, 2014

Shifting our fossil-fuelled civilisation to clean modes of production and consumption requires deep transformations in our energy and economic systems read more »


Innovation, risk and government: perspectives and principles from the social sciences

a policy paper by Nicholas Stern, Fergus Green, Rodney Boyd, Reuben Finighan  19 November, 2014

The interplay between innovation and risk, and the social interactions between public and private sectors, are critical in fostering innovation and determining its effectiveness. read more »


Climate change mitigation as catastrophic risk management

a research article by Simon Dietz  18 November, 2014

Since Nicholas Stern published his influential ‘Review on the Economics of Climate Change’ for the British government in 2006, economists have become increasingly interested in how the value of climate policy, especially the reduction of greenhouse gas emissions at the global level, depends on risk and uncertainty. New lines of research make the case that mitigating climate change is above all an exercise in catastrophic risk management. read more »


Flood insurance in England – An assessment of the current and newly proposed insurance scheme in the context of rising flood risk

a research article by Swenja Surminski, Jillian Eldridge  18 November, 2014

By applying our analytical framework we find an absence of formal incentive mechanisms for risk reduction in the existing and proposed Flood Re scheme. We identify the barriers for applying insurance to risk reduction and point to some possible modifications in the Flood Re proposal to deliver a greater link between risk transfer and risk reduction. read more »


The impacts of environmental regulations on competitiveness

a policy report by Antoine Dechezleprêtre, Misato Sato  14 November, 2014

Report shows that environmental regulations have only a a marginal impact on competiviveness and that the benefits often outweigh the costs read more »

Green growth

Green growth

Alex Bowen  11 November, 2014

Ch. 15 in Atkinson, G., Dietz, S., Neumayer, E., and M. Agarwala (Ed.s) (2014): Handbook of sustainable development, 2nd edition, Edward Elgar, Cheltenham, UK. ISBN 978 1 78254 469 2. … read more »


Taking an organisational approach to private sector adaptation – the case of Tata Teleservices in India

a working paper by Swenja Surminski, Jennifer Steeves  5 November, 2014

A growing paradigm of ‘engaging the private sector’ is noticeable in all areas of climate risk management and adaptation. However, there is limited empirical investigation into what action companies are … read more »


“This time is different”: The prospects for an effective climate agreement in Paris 2015

a policy paper by Fergus Green  30 October, 2014

The international climate change conference in Paris at the end of 2015 presents an important opportunity for governments to negotiate a new international climate agreement. A question of central importance to negotiators and observers is: what kind of policy architecture — what policy, legal and institutional structure — is likely to be most effective in generating sufficient emissions reductions read more »

How effective negotiation management promotes multilateral cooperation

How effective negotiation management promotes multilateral cooperation

Kai Monheim  28 October, 2014

The power of process in climate, trade, and biosafety negotiations read more »

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