A ground-breaking project, carried out by Cambridge Econometrics (CE), The UK Centre for Ecology & Hydrology (UKCEH), University of Edinburgh and University of Exeter for the Met Office is underway. It seeks to develop consistent shared socioeconomic pathways (SSPs) for the ...
Here, our Project Manager, Jen Dicks explains that "shared socioeconomic pathways" can be viewed as different storylines of future socioeconomic circumstances. They help inform what impact our society and economy might have on the potential for curbing emissions and climate chang...
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...
The European Commission is currently running a public consultation on extending the European Union’s Emissions Trading System (EU ETS) to include road transport and the heating of buildings. Jon Stenning explores the issue, drawing on technology diffusion and macroeconomic ana...
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...
“It's not what you don't know that kills you, it's what you know for sure that just ain't true”, Mark Twain. Economist Zsófi Kőműves on why long-term megatrends matter in the context of climate change policies. How well can we measure the effect of low-carbon policies?...
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). ...
Andrew Sentance argues that to achieve a net zero economy by 2050 the UK government must invest now. The economic model that has developed in the UK and other major economies over the past 250 years of industrialisation and economic development is heavily dependent on the burnin...
In a series of speeches for the Bank of England, Mark Carney warned firms and investors that they must adapt to climate risks. Sophie Heald, our Sustainable Investment lead, explains how models can be used to help quantify these risks. The last decade was the warmest ever. In r...
We help financial institutions plan for the future and implement the recommendations of the Task-force on Climate-related Financial Disclosures (TCFD) using our in-house macroeconomic model: We provide you with: national and global analysis of the transitional impacts a...
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