Climate change, including global warming and the greater risk of extreme weather events such as flooding, droughts and heat waves, is a major global concern.  It is a complex, global issue with scientific, economic, social, political, moral and ethical implications whose impacts are felt locally.

It makes good economic sense to act now to drastically cut greenhouse gas emissions.  If we delay acting on emissions, it will only mean more radical intervention in the future at greater cost.  Acting sooner rather than later can also help to achieve long-term, sustainable economic growth from a low-carbon economy.

You need to know how to achieve this long-term, sustainable economic growth.  We can help you by analysing the impact of different climate policies on a variety of sectors and geographies and adding valuable insight through our understanding of the policy process.

Some challenging questions we can help you answer:

Our Climate work

Supporting the preparation of Territorial Just Transition Plans for Romania and the Czech Republic

This study conducted a regional impact analysis of just transitions in two Central and Eastern European countries: Romania and the Czech Republic. Cambridge Econometrics provided social, economic, and environmental impact assessments of the transition to a climate-neutral econ...

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EU ETS: The impact of including emissions from road transport and buildings

This EU Commission report aimed to understand the potential impact of extending the EU Emissions Trading System (ETS) to include emissions from road transport and buildings. The study was led by ICF in partnership with Milieu, Eclareon, Ecologic, Enerdata, Fraunhofer, and Camb...

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Exploring the trade-offs in different paths to reduce transport and heating emissions in Europe

In this analysis, commissioned by the European Climate Foundation, we evaluated the socio-economic implications of potential routes to decarbonise transport and heating in Europe. We evaluated an Emissions Trading System (ETS), with different options for re-using revenues generat...

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ESPON-TITAN: Territorial Impacts of Natural Disasters

Commissioned by ESPON (the European Spatial Planning Observation Network), Cambridge Econometrics delivered a piece of research looking at the economic impact of four major natural disasters on European countries and regions. Impacts of frequency, regional distribution and the in...

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RSPB: Economic benefits of nature-based climate solutions

Nature-based solutions (NBS) are natural processes which remove carbon from the atmosphere and store it for a long time, providing a ‘natural’ way to mitigate climate change. The RSPB commissioned Cambridge Econometrics to assess the ability of NBS to achieve nature and clima...

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Green Recovery scenarios in Visegrad countries

Cambridge Econometrics is involved in analysing the potential of Green Recovery in various projects including work for the We Mean Business coalition and the UN Partnership for Action on Green Economy. As a part of this endeavour, we also carried out an analysis of the potential ...

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The employment benefits of a Green COVID-19 recovery

Commissioned by C40 Cities, the Employment Benefits of a Green COVID-19 Recovery report estimated the number of jobs a set of climate actions in the buildings, transport, energy and waste sectors could create within six cities around the globe, thereby assessing the potential j...

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UK socioeconomic scenarios for climate research and policy

There are key questions relating to the climate resilience of the UK that need future research, such as ‘how does future flood risk change?’ or ‘what impact does climate change have on human health?’. To address these questions properly, consistent future socioeconomic...

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Working towards a climate neutral Europe: jobs and skills in a changing world

Working towards a climate neutral Europe: jobs and skills in a changing world is a flagship publication by CLG Europe.  CLG Europe, a membership group of leading businesses including Sky, Coca-Cola and Unilever, whose secretariat is provided by the University of Cambridge Insti...

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Evaluation of second Climate Change Agreements scheme

Cambridge Econometrics, in partnership with CAG consultants, Winning Moves and University College London, have completed the evaluation of the second Climate Change Agreements scheme on behalf of the UK government's Department for Business, Energy and Industrial Strategy (BEIS). ...

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EU carbon leakage list post-2020

Cambridge Econometrics supported the European Commission to determine the post-2020 Carbon Leakage List. The Carbon Leakage List contains a number of (sub-)sectors which are deemed to face the risk of carbon leakage due to the EU Emission Trading System (ETS). This is signi...

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Halfway There: existing policies put Europe on track for emissions cuts of at least 50% by 2030

This report produced by Sandbag uses our globally renowned E3ME model to investigate how recently agreed climate and energy policies would change EU greenhouse gas emissions reductions. We worked with the client to develop a baseline case and set of scenarios based on differe...

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Energy scenario: employment implications of the Paris Climate Agreement

For Eurofound, the European Foundation for the Improvement of Living and Working Conditions (an agency of the European Union), Cambridge Econometrics prepared projections for the number and type of jobs that could be available in Europe in 2030 if the Paris Climate Agreement were...

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New Climate Economy: unlocking the inclusive growth story of the 21st Century

We provided empirical inputs to the New Climate Economy 2018 Global Commission Report "Unlocking the Inclusive Growth Story of the 21st Century". The aim of the modelling exercise was to illustrate examples of policies that can simultaneously promote economic growth and reduce...

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Reviewing the impact of the low-carbon mobility transition on jobs

We carried out this review of the drivers of the impact on jobs from the transition to low-carbon cars and vans in Europe.

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Macroeconomic impact of stranded fossil fuel assets

Macroeconomic impact of stranded fossil fuel assets, a major global study finds that rates of technological change in energy efficiency and renewable power are likely to cause a sudden drop in demand for fossil fuels, with major implications for the global economy. The study, ...

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Charging Poland – the electrification of Polish road transport

The electrification of Polish road transport is one of the Polish government’s most important economic priorities. The 'Charging Poland' report aims to present the possible scenarios and expected macroeconomic effects related to the electrification of the road transport sect...

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Oil market futures

The European Climate Foundation asked us to investigate the economic effects of reducing transport-related CO2 emissions.

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Climate blog posts

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For more information on our work in Climate, contact:

Dóra Fazekas Managing Director (Hungary) [email protected]