This paper was submitted to the Dasgupta Review on the Economics of Biodiversity – Call for Evidence, an independent global review to assess the economic value of biodiversity and to identify actions that will enhance biodiversity and deliver economic prosperity. Read more
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
The Grantham Research Institute has today responded to the UK Government’s Spring Statement (13 March 2019), in which a new... Read more
This research investigates how different audio-visual information on conservation influences charitable donation behaviour and emotions. Read more
The unintentional effects that conservation videos requesting financial donations might have on how people act in relation to environmental causes are investigated in this study. Read more
Researchers have demonstrated for the first time that so-called ‘non-charismatic’ animals, such as bats, could be used just as effectively... Read more
In this paper, the authors’ treatment of uncertainty in environmental applications is motivated by two leading examples: climate change and biodiversity loss. They argue that in these cases uncertainty is sufficiently far-reaching that standard decision-making tools such as expected utility theory may no longer capture important aspects of our uncertainty preferences. Richer models of decision-making, which allow us to express lack of confidence in our information, may be more desirable. Read more
This paper considers the macro-economic consequences of the continued expansion of particular forms of intensive, modern agriculture, with a focus... Read more
