Publications

Working papers 30 January 2020

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Seizing sustainable growth opportunities from zero emission passenger vehicles in the UK

a policy publication by Sam Unsworth, Anna Valero, Ralf Martin, Dennis Verhoeven  12 February, 2020

The UK needs to adopt a strategic approach to decarbonisation and the transition to net-zero economic growth. This report focuses on the goods and services related to passenger vehicles, identifying the multiple areas in which the UK could be competitive: opportunities lie in diverse goods and services across value chains and stages of innovation. read more »


The sovereign transition to sustainability: Understanding the dependence of sovereign debt on nature

The sovereign transition to sustainability: Understanding the dependence of sovereign debt on nature

a policy publication by Alexandra Pinzón, Nick Robins, Matthew McLuckie, Gabriel Thoumi  5 February, 2020

The transition to sustainability is the strategic challenge sovereign bonds face in the 2020s. Overcoming this challenge requires that the financial system recognises the fundamental economic dependencies on nature, which … read more »


Nudge plus: incorporating reflection into behavioural public policy

a working paper by Sanchayan Banerjee, Peter John  30 January, 2020

The authors of this paper outline a modified version of the behaviour change technique called ‘nudge plus’, which incorporates an element of reflection as part of the delivery of a nudge. The authors claim that a hybrid nudge–think strategy can be a useful additional way to design pro-social interventions, including to induce pro-environmental behaviour change. read more »


Private adaptation in semi-arid lands: a tailored approach to ‘leave no one behind’

Private adaptation in semi-arid lands: a tailored approach to ‘leave no one behind’

Globally, semi-arid lands (SALs) are home to approximately one billion people, including some of the poorest and least food secure. These regions will be among the hardest hit by the … read more »


Green revenues, profitability and market valuation: Evidence from a global firm level dataset

Green revenues, profitability and market valuation: Evidence from a global firm level dataset

a working paper by Tobias Kruse, Myra Mohnen, Peter Pope, Misato Sato  23 January, 2020

This paper examines how diversifying and specialising production towards environmental goods and services is associated with the profitability and market valuation of firms. read more »


Fundamental utilitarianism and intergenerational equity with extinction discounting

Fundamental utilitarianism and intergenerational equity with extinction discounting

a research article by Nicholas Stern  23 January, 2020

Ramsey famously condemned discounting “future enjoyments” as “ethically indefensible”. Suppes enunciated an equity criterion which, when social choice is utilitarian, implies giving equal weight to all individuals’ utilities. By contrast, … read more »


The impact of energy prices on socioeconomic and environmental performance: Evidence from French manufacturing establishments, 1997–2015

a working paper by Giovanni Marin, Francesco Vona  17 December, 2019

In evaluating the responses of French manufacturing firms to large increases in energy prices, which the authors use as a proxy for stringent environmental policy, they find that costs in terms of job losses and competitiveness are smaller by an order of magnitude than the benefits in terms of reducing carbon dioxide emissions. read more »


How developed countries can learn from developing countries to tackle climate change

a research article by Stefano Carattini, Greer Gosnell, Alessandro Tavoni  16 December, 2019

Climate change and global poverty are the most pressing issues of this century. If insufficiently addressed, climate change will exacerbate poverty and inequality within and across nations. Addressing it requires … read more »


National-to-local aid and recovery from extreme weather events: evidence from the Philippines

a research article by Michael Abrigo, Arlan Brucal  12 December, 2019

This paper examines the link between extreme weather events and national aid and transfers in the Philippines between 1992 and 2015. Findings show that the national government allocates more national … read more »


Characterising the water-energy-food nexus in Kuwait and the Gulf region

Characterising the water-energy-food nexus in Kuwait and the Gulf region

a research article by Christian Siderius, Declan Conway  12 December, 2019

Economic challenges as a result of the recent fluctuations in oil prices have exposed unprecedented risks to Kuwait and the other Gulf Cooperation Council (GCC) states, including securing long-term sustainable … read more »