Environmental Economics Ltd’s Post

Curious about how you can reduce your carbon emissions? Check out our latest blog post, "Exploring the Carbon Intensity API: A Tool for Reducing UK Carbon Emissions." At Environmental Economics, we're committed to providing you with the best tools and information to make sustainable choices. Dive into our blog to learn about the Carbon Intensity API, a revolutionary tool developed by National Grid ESO, Environmental Defense Fund Europe, University of Oxford, and WWF. This API offers real-time and forecasted data on the carbon intensity of electricity, helping you make informed decisions to minimise your carbon footprint. 🔗 Read our blog now and start your journey towards sustainability: https://lnkd.in/gYd7R4Tv #CarbonIntensity #Sustainability #GreenEnergy #EnvironmentalEconomics #EnergyEfficiency #ReduceEmissions #NewBlog

How do you determine if a carbon project is high-quality or falls short? This is one of the most common—and important—questions in the voluntary carbon market. The answer lies in understanding and evaluating five foundational pillars: 1️⃣ Additionality – Is the project delivering carbon reductions that wouldn’t happen otherwise? 2️⃣ Leakage – Are emissions being unintentionally shifted elsewhere? 3️⃣ Baseline – How accurately are emissions reductions being measured against a credible starting point? 4️⃣ Permanence – Will the carbon storage last, or could it be reversed? 5️⃣ Co-benefits – What social or ecological benefits does the project deliver beyond carbon? Each of these pillars is essential, yet they vary in complexity. For example, advancements in satellite data make it easier to assess baselines, while co-benefits, such as social impact, often require in-depth, nuanced evaluation. To truly assess a project’s quality, you need a deep understanding of how these pillars interact and differ by project type. 🌍 Mateus Mendes and Elias Ayrey (PhD) will show you the ropes in Renoster’s new online course, "Scaling Quality in the VCM". From the fundamentals of carbon project assessment to practical tools for analyzing these pillars across various project types, this part of the course is designed to empower you with the knowledge to evaluate carbon projects confidently and effectively. ✅ Enroll today and save 20% with code VCM2025 – offer ends January 15! 👉 https://lnkd.in/gPGxdyNC https://lnkd.in/gDruCGAz #carbonprojects #carbonmarkets #sustainability #education

As an economist working with the most rigorous forest carbon assessment team in the marketplace, I’m often reminded of the classic “Market for 'Lemons'” paper - the Nobel-prize winning research on how markets underperform in the absence of transparency. But when it comes to carbon markets, where do we even start? What counts as “transparent” for each aspect of project quality? And how can transparency be helpful if we struggle to interpret the resulting information? Whether you’re a developer, buyer, investor, journalist, student, sustainability professional - this course is an unprecedented opportunity if you really want to build or identify impactful nature-based carbon projects. We’re offering 14 hours of training from a wide variety of subject matter experts, going far deeper than any other carbon markets course with which I’m familiar. It’s really up to everyday market participants to accelerate financing for nature-based solutions - don’t wait on the ICVCM or on third-party ratings agencies. You can do this!

I am pleased to announce the publication of our new paper "Socio-economic Development and Carbon Productivity: A Panel Data Analysis of the World’s Largest Carbon-Emitting Countries", in Environmental Modeling & Assessment. This study explores how socio-economic development affect the carbon productivity in the 18 largest carbon-emitting countries, which together contribute approximately 82% of global CO2 emissions. Our findings reveal that while GDP per capita, trade, and FDI can improve carbon productivity, energy consumption and urbanization pose major challenges. The study highlights the need for low-carbon strategies, energy efficiency regulations, and the promotion of green technologies. #ClimateAction #Economics #EnvironmentalSustainability #PolicyImpact #CleanEnergy #GreenTechnology #SocioEconomicDevelopment #CarbonProductivity

I am happy to share research with Ashish Tyagi, Ph.D., which was just published in World Development Sustainability (Open Access). 📓Climate and environmental impacts of green recovery: Evidence from the Financial Crisis Economic recessions, such as the 2008 financial crisis or the COVID-19 crisis, reduce emissions and environmental degradation. These effects, however, are only temporary and largely disappear when economic activities pick up again. Already the financial crisis and, in particular, the COVID-19 crisis prompted an extensive societal, political, and academic debate about the role of a green recovery that supports the progress towards achieving climate targets, rather than sacrificing them. ❓Do green recovery programmes have a positive impact the climate and environment? 📊 We compile a panel dataset covering 27 OECD countries from 2000-2019 with data on economic recovery packages launched in the aftermath of the 2008 financial crisis. 💡 What are the key insights? 1. Considering overall green recovery spending, we find that a higher share of green recovery spending resulted in both lower CO2 emissions and a smaller ecological footprint of production. 2. We then identify countries with recovery measures aimed at the renewable energies and, using a difference-in-differences approach, we find evidence for a causal positive effect on renewable energy investments. 3. Most importantly, all these effects persist in the post-recovery period. 🧭 Why does that matter? In times of economic crises, policymakers need to react rather quickly to stabilise the economy or focus on other crisis-specific aspects, such the health sector during COVID-19. Aspects related to environmental protection and climate change move out of the spotlight. But as soon as the focus shifts towards economic recovery, policymakers should not only focus on stimulating economic activity but should also consider the long-term effects on the climate and environment. 📬 Link to Paper (Open Access): https://lnkd.in/gZXwy4hV

Policy Impact Assessment is crucial for understanding the full impact of the new policy before it is passed by the legislative body. Scenario modelling is helpful to understand the economic and environmental impact of the new policy. The ultimate goal is to achieve the policy objectives in a balanced way to maximise socio-economic benifits. In Energy sector, the policy objectives are Security, Equity and Environmental Sustainability. It is the Energy Trilemma!

Taxonomies are the building blocks of sustainable finance, providing a common language to classify economic activities based on their environmental impact. But how do we determine if an activity aligns with a taxonomy? Let's explore three main approaches. 1. The Technical Screening Criteria (TSC) Approach: This is the most common method, involving a detailed assessment against predefined environmental performance indicators. For example, a solar power project would need to meet specific criteria related to energy efficiency, renewable resource use, and waste management to be classified as sustainable. 2. The Whitelist Approach: This approach takes a more restrictive view, creating a list of explicitly approved economic activities that unquestionably align with the taxonomy. It's often used in sectors with high environmental risks, ensuring strict compliance with sustainability standards. 3. The Principles-Based Approach: A broader perspective, this approach focuses on general principles of sustainability, allowing for greater flexibility in assessing economic activities. It's often used in conjunction with the TSC approach to provide a more nuanced evaluation. For instance, a project might not meet all TSC criteria but still contribute to a sustainable future by promoting circular economy principles. Understanding these approaches is crucial for businesses and investors seeking to navigate the complex landscape of sustainable finance. #taxonomy #sustainablefinance #ESG #climatechange #greenfinance #economy #business

"🌍💡 Unlocking the future of sustainable development! Excited to dive deep into Energy Economics, Environment, and Policy. This course is a game-changer, exploring the critical balance between energy needs, environmental stewardship, and economic growth. From analyzing energy markets to shaping policies for a greener tomorrow, this journey is all about making impactful contributions toward a sustainable future. 🌱⚡📈 #EnergyEconomics #Sustainability #PolicyMaking #GreenFuture #LifelongLearning"

Review of our Authored Book "Sustainable Energy Transition: Circular Economy and Sustainable Financing for Environmental, Social and Governance (ESG) Practices" by Vikky Renaldi (Universitas Gadjah Mada (UGM)) published in Social and Environmental Accountability Journal. This book is Authored by Dr. Vinay Kandpal, Anshuman Jaswal, PhD, MBA, LLM, Prof. Ernesto D.R. Santibanez Gonzalez and Naveen Agrawal, PhD, Springer Nature Group, 2024. "This book offers a comprehensive guide for researchers focusing on the #circulareconomy, particularly in the context of #sustainableenergy transitions and #ESG #financing. It emphasizes the importance of adopting the circular economy as a systemic tool for #sustainability, employing a multidisciplinary approach that encompasses #engineering, #economics, and #socialsciences."

Policies helping the cost of capital of the #energy sector converge internationally can play a significant role in greening the electricity generation, lowering the cost of mitigation, and improving #equity in developing countries. That is the key takeaway of a Nature Energy publication by a team of researchers from several European universities, including Spinoza-prize laureate and environmental modeler Detlef Van Vuuren Faculteit Geowetenschappen Universiteit Utrecht and economist Friedemann Polzin of Utrecht University School of Economics. This topic is critical in terms of policy relevance, financial fairness and energy justice. Energy is fundamental for sustainable social and economic development. Friedemann Polzin: "In the #COP29 conference in #Baku, negotiators agreed that by 2035 at least 300 USDbn from the ‘Global North’ will flow as public investments into developing countries. But to reach the reasonable demands from these countries of at least 1.3 USDtn annually, and therefore close the ‘climate finance gap’, more finance needs to be mobilized from all sources, including the private sector. De-risking those investments as we did in our simulations would result in a much cheaper and faster energy transition in countries with high costs of capital, especially in the absence of more stringent climate policies." Read our article or go directly to the Nature Energy paper: https://lnkd.in/gpM9M9gp https://lnkd.in/eDBKdxYF