CETEx (Centre for Economic Transition Expertise)

The 2024 budget is next week, and Rachel Reeves is expected to announce more public investment. In this commentary, Daisy Jameson argues that this investment is welcome, particularly if used to address the gap in investment required for the UK in its transition to a clean economy. She also sets out how the investment could be funded by changing the fiscal rules by excluding the policy banks from the UK’s debt rule.

Many thanks to all those who joined us for our first annual CETEx conference hosted alongside Sustainable Macro and the Deutsche Bundesbank. Presenters from across academia, central banking, and civil society presented cutting-edge research across four themes: 1) Renewable energy supply chains; 2) Climate policy and financial markets; 3) Climate scenarios and macro modelling; and 4) Nature loss and impacts on the transition. We then closed with a policy panel on the geopolitics of energy supply chains in the transition with Peter Olive, Daniela Gabor, and Claudio Baccianti – moderated by Agnieszka (Aga) Smoleńska, PhD. Special thanks to our keynote speaker, Luiz Awazu Pereira da Silva, who we are delighted to welcome to our team as a visiting Professor in Practice.

As the Biodiversity COP16 conference gets underway today Lea Reitmeier Elena A. and Torsten Thiele highlight the need for ambitious commitments on ocean conservation and blue finance in order to safeguard the ocean’s indispensable contributions to humanity https://lnkd.in/eSEye2eK

New report out today outlines principles-based recommendations for strategic national transition planning, designed to steer, accelerate and coordinate whole-of-government and whole-of-economy action towards a just, low-emissions, climate-resilient and nature-positive future. Also check out the accompanying Handbook (follow link on report page) which provides practical guidance for government decision-makers as they develop national transition plans and processes. Authors: Mark Manning Riona Bowhay Megan Bowman Peter Knaack Lisa Sachs Agnieszka (Aga) Smoleńska, PhD FIONA STEWART Tom Tayler Perrine Toledano Harald Walkate #ClimateWeekNYC https://lnkd.in/eJbSX8Zw

It’s #ClimateWeekNYC! On September 25th we are co-hosting an event on transition planning. You can find out more and sign up for the live stream here ⬇️ https://lnkd.in/eprZQPhA

New policy brief outlines options to minimise the fiscal burden of the Bank of England’s Asset Purchase Facility and proposes that some of the savings from this could be used for much-needed green investment projects - that are vital to creating jobs and facilitating the UK’s net zero transition. https://lnkd.in/eVHikV-W

The economic transformation required to reach global net zero goals relies on the mining and transformation of certain minerals and metals for the production of low-carbon technologies. With rising demand for these critical minerals and uneven distribution, the EU faces supply risks and economic security challenges. Our new report explores the issues, and the policy responses needed for a way forward. You can read the main messages and download the full report on our site. Authors: Capucine Nobletz | Romain Svartzman | Simon Dikau

🚨Job Alert🚨 We’re recruiting for an Executive Director. The post holder will lead on developing the institutional and operational structure of CETEx, have broad oversight of the centre’s operations and, with the CETEx leadership team, contribute to advancing the content strategy and conduct high-level engagements with external stakeholders and audiences. Full details here ⬇️

On October 14-15 we are hosting a conference with Sustainable Macro and Deutsche Bundesbank on Net zero, nature and supply chain vulnerabilities. The conference will focus on the macrofinancial and environmental implications of the growth of net zero transition-related supply chains, and address the different dimensions of how nature loss and climate change disrupt global supply chains and thereby generate macrofinancial instability. Further details can be found on our website. ⬇

In the light of the UK Government’s commitment to bring together several of the country’s policy banks under a new National Wealth Fund, Daisy Jameson sets out recommendations for maximising the fund’s potential in helping to deliver net zero and industrial strategy ambitions https://lnkd.in/eszt9Etv