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Sustainability Economics

Sustainability Economics

a book by Giles Atkinson, Sam Fankhauser  25 September, 2019

The unprecedented advances in economic development witnessed over the past decades cannot continue if economic progress comes at the expense of the natural environment. The Sustainable Development Goals, agreed globally … read more »


Delegation and public pressure in a threshold public goods game

Delegation and public pressure in a threshold public goods game

a research article by Alessandro Tavoni, Jungmin Lee, Doruk İriş  24 September, 2019

Many public goods cannot be provided directly by interested parties (e.g. citizens), as they entail decision-making at nested hierarchical scales: at a lower level individuals elect a representative, while at … read more »


Decarbonisation of the UK economy and green finance

Decarbonisation of the UK economy and green finance

a policy publication by Sam Unsworth, Anna Valero, Nick Robins, Daire McCoy, Josh Burke, Sam Fankhauser, Bob Ward  20 September, 2019

The Grantham Research Institute’s response to the Commons Select Committee inquiry into decarbonisation of the UK economy highlights the Treasury’s unique position in government to drive the transition towards net-zero greenhouse gas emissions while maintaining a focus on economic growth. read more »


The missing economic risks in assessments of climate change impacts

a policy publication by Ruth DeFries, Ottmar Edenhofer, Alex Halliday, Geoffrey Heal, Timothy Lenton, Michael Puma, James Rising, Johan Rockström, Alex C. Ruane, Hans Joachim Schellnhuber, David Stainforth, Nicholas Stern, Marco Tedesco, Bob Ward  20 September, 2019

Economic assessments of the potential future risks of climate change have been omitting or grossly underestimating many of the most serious consequences for lives and livelihoods because these risks are difficult to quantify precisely and lie outside of human experience. This policy insight identifies and draws attention to these ‘missing risks’ and discusses how populations might fare in light of their potential to adapt in the face of these risks. read more »


Creating useful and usable weather and climate information – insights from Participatory Scenario Planning in Malawi

a working paper by Dorothy Tembo-Nhlema, Katharine Vincent, Rebecka Henriksson Malinga  9 September, 2019

This paper outlines experiences with Participatory Scenario Planning (PSP), which has been used in Malawi as a method to bring together producers and users of weather and climate information to co-produce sector-specific advisories of weather information to make it both useful and usable to the different user groups, including farmers. read more »


Cities, climate change and chronic heat exposure

Cities, climate change and chronic heat exposure

a policy publication by Patrick Curran, Christian Siderius, Tanya Singh  6 September, 2019

Climate change will lead to increases in the occurrence of chronic heat exposure over longer durations and there is an urgent need to focus on managing the risks this poses, as well as the immediate risks from shorter-lived heat events. This policy brief looks at the problem with a focus on developing and emerging economies, and provides recommendations for action by government, utilities, property developers and investors, development support and finance organisations. read more »


Determining discount rates for the evaluation of natural assets in land-use planning: An application of the Equivalency Principle

Determining discount rates for the evaluation of natural assets in land-use planning: An application of the Equivalency Principle

a research article by Elisa Sainz de Murieta  1 September, 2019

One of the most pressing issues when making decisions over long-term environmental problems is deciding on an appropriate discount rate. This can be a highly technical discussion. While some argue … read more »


Dynamic supply adjustment and banking under uncertainty in an emission trading scheme: The market stability reserve

Dynamic supply adjustment and banking under uncertainty in an emission trading scheme: The market stability reserve

a research article by Luca Taschini  1 September, 2019

We study the impact of a supply management mechanism (SMM) similar to the Market Stability Reserve proposed in 2015 which preserve the overall emissions cap and we comment on the … read more »


Emissions trading with rolling horizons

Emissions trading with rolling horizons

a working paper by Simon Quemin, Raphaël Trotignon  30 August, 2019

The authors of this paper develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante. read more »


Transitional assistance policies for just, equitable and smooth low-carbon transitions: who, what and how?

Transitional assistance policies for just, equitable and smooth low-carbon transitions: who, what and how?

a research article by Fergus Green  28 August, 2019

While the decarbonization of the global economy will bring immense benefits in the aggregate and to many individuals, it will also be disruptive and costly for some, at least in … read more »