Developing and piloting a UK natural capital stress test
Based on ground-breaking analysis by Cambridge Econometrics and AECOM Infrastructure & Environment ‘Developing and Piloting a UK Natural Capital Stress Test’ highlights the impact of events such as heatwaves, drought and floods on the UK economy.
The authors used economic modelling to demonstrate a link between the natural environment and the UK’s macroeconomy (GDP, inflation and jobs).
The study aims to help government and business assess the level of risk to the economy of environmental changes and identify areas where action could be taken to mitigate it.
We are taking an increasing interest in how analytical techniques can inform policymaking under uncertainty. To find out more please contact