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 wide range of reports and books.
The authors of this paper develop a theoretical model of emissions trading in the presence of transaction costs, calibrating the model to annual transactions and compliance data in the European Union emissions trading scheme over its second phase. Read more
Part of a comprehensive review of flood risk management in mature economies, this report looks at the system in England, where insurance take-up is high and climate change is taken into account. Read more
Part of a comprehensive review of flood risk management in mature economies, this report looks at the system in Germany. Read more
Based on a major Geneva Association study on flood risk management in mature economies, this report gives an overview of the current systems in the United States, England and Germany. Read more
This is a response to the Bank of England's discussion paper, 'The 2021 biennial exploratory scenario on the financial risks from climate change'. The response has been prepared by authors from the Grantham Research Institute on Climate Change and the Environment at LSE, the Grantham Institute – Climate Change and the Environment at Imperial College London, and the University of Edinburgh Business School. Read more
This briefing is designed to provide central banks and financial supervisors with an initial toolbox of options to align their COVID-19 crisis response measures with climate and sustainability objectives and mitigate potential sustainability risks. Read more
This perspective explores how climate services may potentially incorporate information emerging from the new science of interannual-to-decadal (I2D) climate prediction in the Sahel region of West Africa. Read more
To tackle the challenges of climate change, more investment needs to be mobilised in low-carbon technologies and capital assets. This report examines the implications for firms as they diversify into the green marketplace. Read more
This paper investigates the role of multi-stakeholder partnerships (MSPs) in supporting the development of enabling conditions for adaptation to climate change among micro, small and medium enterprises (SMEs) in developing countries, with a focus on Kenya. Read more
The Philippines is highly exposed to natural hazards including typhoons. This report, finding that financial aid tends to be heavily focused on response to hazards rather than preparedness and resilience, investigates why further disaster risk policy intervention may be required at the local level and provides guidance to policymakers. Read more
