Abstract Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in... Read more

The Grantham Research Institute publishes its own Working Paper series, aimed at stimulating discussion among researchers across a wide range of academic disciplines. The Institute also produces policy publications and consultation responses, to inform decision-makers in the UK and internationally. Staff from the Institute regularly publish in leading academic journals and contribute to a broad range of reports and books.
Abstract Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in... Read more
In: Hunt, L. and J. Evans (eds.). 2009. International Handbook of the Economics of Energy. Edward Elgar Publications. Cheltenham, UK,... Read more
Working Paper 2 Abstract The Clean Development Mechanism (CDM) of the Kyoto Protocol has a dual objective: to encourage low-cost... Read more
Hippe, R., and C. Barmeyer. 2009. Documents. Revue du dialogue franco-allemand, v. 65, pp.14-18 (also published in German translation as... Read more
Working Paper 1 Abstract A levy on the Clean Development Mechanism (CDM) and other carbon trading schemes is a potential... Read more
This report reviews the economics of climate change in Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. It confirms that the region is highly vulnerable to climate change, demonstrates that a wide range of adaptation measures are already being applied, and that it has great potential to contribute to the reduction of greenhouse gas emissions globally. Read more
Nico Bauer (PIK), Alex Bowen (GRI, LSE), Steffen Brunner (PIK), Ottmar Edenhofer (PIK), Christian Flachsland (PIK ), Michael Jakob (... Read more
A Blueprint for a Safer Planet – from Random House Group. Nicholas Stern, April 2009. Random House, London. Read more
Abstract Previous research has identified a range of variables conducive to the self-organization of user groups for participatory resource management,... Read more
Accelerating the development of less GHG intensive technologies and promoting their global diffusion—in particular in fast-growing emerging economies—is imperative in achieving the transition to a low-carbon economy. Read more