The Grantham Research Institute produces a range of policy publications to inform UK and international decision-making on issues related to climate policy and the environment. These range from short briefings which provide analysis on topical issues and outline specific recommendations to more in-depth insights into major policy areas, as well as keynote speeches by Institute staff. The Institute also responds to formal consultations, domestic and international, on issues related to climate policy and the environment. Institute staff regularly contribute to policy reports published by other research centres and international institutions too, which you will also find listed here. Our policy publications are reviewed by internal and external referees before publication.
This latest edition of our annual report on global trends in climate change litigation takes stock of developments over the period May 2021 to May 2022, and draws on a number of recent case studies from around the world. It also identifies areas where climate litigation cases are likely to increase in the future. Read more
The Post-Event Review Capability (PERC) methodology assesses the impact of weather events in search of practical recommendations for reducing future damage. Read more
An email sent on 25 January 2022 from the UK Department of Health and Social Care to Bob Ward, in response to Bob Ward’s correspondence of 28 May 2021 to the Prime Minister about a national heat risk strategy. Read more
This paper outlines three perspectives on the emerging concept of double materiality, along with their implications for monetary and financial policy and the challenges they raise in theory and practice. Read more
This report and brief provide improved estimates of the likely economic damages from climate change to the UK, highlighting where the greatest risks and need for adaptation are. These are translated into loss of socioeconomic welfare and reported as an equivalent loss of the UK’s GDP under two different policy scenarios – one in which current policies continue and another in which strong mitigation policies are put in place. Read more
This paper presents an overview of current practices on sustainable and responsible management of central bank portfolios and provides recommendations for central banks on how to introduce sustainable, responsible or ESG (environmental, social and governance) aspects to those portfolios. Read more
This paper assesses the investment requirements for emerging markets and developing economies that are critical to their development and climate goals, arguing for a big-push investment programme to boost growth and meet global temperature targets. Read more
This report examines how-well placed the UK is to make the required investments for a successful net-zero transition, and the wider economic impact those investments might have. Read more
This paper reviews the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and their application by central banks to date. It also considers potential enhancements for central banks’ climate disclosures and their possible implications for the wider financial system. Read more
This paper proposes an alternative, precautionary approach to financial policy that justifies bolder action in response to environmental-related financial risks. Read more