Publications

Policy publications 9 March 2020

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Simulating the cascading effects of an extreme agricultural production shock: global implications of a contemporary US dust bowl event

Simulating the cascading effects of an extreme agricultural production shock: global implications of a contemporary US dust bowl event

a research article by Alessandro Tavoni  20 March, 2020

Higher temperatures expected by midcentury increase the risk of shocks to crop production, while the interconnected nature of the current global food system functions to spread the impact of localized … read more »


Below 2⁰C – Insurance for a low carbon economy

Below 2⁰C – Insurance for a low carbon economy

a policy publication by Swenja Surminski, Joana Setzer  11 March, 2020

This report provides a strategic overview of the potential effects of the low carbon transition on the general insurance market. Vivid Economics and experts from the London School of Economics … read more »


Using supply-side policies to raise ambition: the case of the EU ETS and the 2021 review

Using supply-side policies to raise ambition: the case of the EU ETS and the 2021 review

a working paper by Simon Quemin  10 March, 2020

Following reform of the EU emissions trading system (ETS) in 2018 further regulatory amendments are on the horizon as part of the 2021 review. This paper evaluates and compares the impacts of realistic regulatory changes within the ETS to inform the 2021 review and raise ambition, examining two main policy levers: the linear reduction factor and the market stability reserve. read more »


The role of national laws in managing flood risk and increasing future flood resilience

The role of national laws in managing flood risk and increasing future flood resilience

a working paper by Sara Mehryar, Swenja Surminski  9 March, 2020

This paper explores the role of national laws in determining the nature of flood risk management (FRM) and in particular the ability to increase flood resilience in the context of climate change. The authors therefore call for a shift in FRM away from post-event activism towards forward-looking planning through an anticipatory resilience approach. read more »


Distributional impacts of a carbon tax in the UK

a policy publication by Josh Burke, Sam Fankhauser, Alex Kazaglis, Louise Kessler, Naina Khandelwal, Peter O’Boyle, Anne Owen  9 March, 2020

This study explores the distributional impacts of a net-zero-consistent carbon price across different household types and income deciles in the UK; and examines which combination of interventions may reduce carbon consumption and still be progressive. The authors find that it is possible to design a revenue recycling scheme that leaves fuel-poor and low-income households better off while driving the transition to net-zero emissions in the UK by 2050. read more »


Delivering strong and sustainable growth in the UK: A special decade for innovation and investment

In advance of the Budget, this policy report highlights areas of the UK economy where the public sector could leverage private investment and in so doing contribute to achieving the strategic priorities of regionally balanced growth and decarbonisation. read more »


Owning the transition to net zero emissions

a policy publication by Bob Ward  3 March, 2020

Presentation given at the International Petroleum Week event on 25th February 2020. During the presentation Bob Ward makes the case for the oil and gas industry to take ownership of the transition to net zero emissions. read more »


Quantifying the distributional impact of energy efficiency measures

a working paper by Daire McCoy, Raphaela Kotsch  19 February, 2020

The authors of this paper exploit a large database of home energy efficiency upgrades and metered energy consumption to provide new evidence of the distributional impact of energy efficiency measures. read more »


Are financial markets aligned with climate action? New evidence from the Paris Agreement

a working paper by Tobias Kruse, Myra Mohnen, Misato Sato  18 February, 2020

This paper provides new evidence that financial markets value firms’ expansion into production of low carbon goods and services, but they remain cautious on divesting from the most polluting industries. read more »


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 »