Members of Exeter Climate Policy have generated cutting-edge and actionable knowledge for zero-carbon transition decision-making, with strong emphasis on public policy. This has helped to shape debate, kick start initiatives, and raised the public’s awareness of the economic opportunities and risks of the transition.
Here are some recent examples:
Stranded Fossil Fuels
Stranded Fossil Fuels
Research paper ‘Macroeconomic impact of stranded fossil fuels’ (Nature, Climate Change) made international headlines and citations.
- Featured in testimony of the US Senate (by Gregor Semieniuk) and in the 2022 Report of the President (Council of Economic Advisors)
- Carbon ‘bubble’ could cost global economy trillions – BBC News.
- Figures quoted by the Bank of England’s Sarah Breeden in various speeches.
UK Government and HM Treasury
UK Government and HM Treasury
Contributed to evidence delivered to HM Treasury for its Green Book Review 2020.
European Commission
European Commission
European Commission report on developing a better understanding of the macroeconomic impacts of a zero-carbon transition and how to model it. Widely cited in its version as a journal article in Climate Policy.
Transition Risks with the International Monetary Fund
Transition Risks with the International Monetary Fund
Working paper of the International Monetary Fund on emergent risks as the zero-carbon begins to unfold.
Systems Thinking and Complexity Approach
Systems Thinking and Complexity Approach
The book, Complexity Economics for Environmental Governance (JF Mercure, 2022), puts forward the case for complexity economics as a means to enhance environmental policy-making by accounting for dynamic systems and emergent behaviours.
Brazil's Ecological Transformation
Brazil's Ecological Transformation
With Brazil’s Ministry of Finance via the World Bank’s Coalition on Capacity for Climate Action (C3A), Exeter Climate Policy developed an assessment of the economic impacts of Brazil’s Ecological Transformation Plan, the country’s flagship climate policy.
