Recent technology cost forecasts underestimate the pace of technological change
A comparison of observed global energy technology costs, with forecasts generated by models and forecasts predicted by human experts, showed that both forecasting methods underestimated cost reductions. This suggests that decisions based on forecasts may be overestimating the cost of climate mitigation and points to the need to further improve forecasting methods. A team of […]
After the pandemic: economy, poverty and climate in the post-COVID-19 era
The economic activity might not recover quickly and poverty increase in the next 4 years, decarbonisation might be only temporary. The consequences of COVID-19 based on the effects of five previous major epidemics in this century and how the recovery packages should align to sustainability targets in a study led by the RFF-CMCC European Institute on […]
CMCC-RFF Policy Session: Policies to promote a Just Transitions – lessons from the EU and the US
CMCC and RFF jointly organized a session entitled “Policies to support workers and communities in the transition to clean energy economies in the US and the EU” during the last EAERE Conference (EAERE 2020, virtual). At the session, participants laid the basis for cooperative work around the topics of how to promote an equitable clean […]
Assessing feasibility concerns in climate mitigation scenarios
What drives the feasibility of climate scenarios commonly reviewed by organizations like the Intergovernmental Panel on Climate Change (IPCC)? And can they actually be extrapolated to the real world? A new systematic framework can help understand what to improve in the next generation of scenarios and explore how to make ambitious emission reductions possible by […]
Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics
COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in disposable income, along with increases in […]
IPCC WGIII eLAM4 Outreach Event: Climate change and our future. Driving the transition
Before the release of the IPCC Sixth Assessment Report cycle (AR6), an eagerly awaited report of the last six years and in the most important year for renewing climate ambition, a public event will be held on April 28, 2021, 3-5 pm Europe time. The event will discuss how to drive the future of the climate transition, […]
Nigeria: industry-wide collaboration, cooperation, and consensus for a transition to green economy
“Effectively, change is almost impossible without industry-wide collaboration, cooperation, and consensus.” The quotation of Simon Mainwaring above echoed the main objective of Maruf, a Marie Sklodowska-Curie Actions fellow at the RFF-CMCC European Institute on Economics and the Environment, Milan on his mission to Nigeria for ECO-innovation and the Dynamics of External Knowledge Sourcing (ECO-DEKS) project. […]
Climate Neutrality Forum
Bringing together leading researchers, policymakers and practitioners working on achieving climate neutrality, the meeting will take place simultaneously at three hubs – Berlin, Milan and Oxford – linked together to create a blended event that is both in-person and virtual in nature. Delegates will be drawn from academic, policy, civil society and business communities. […]
A team of Italian researchers supports central banks in assessing climate risks through the development of new macroeconomic models
A novel project funded by the International network for sustainable financial policy insights, research and exchange (Inspire) – with the participation of Scuola Superiore Sant’Anna di Pisa, Rff-Cmcc European Institute on Economics (Milan), Bocconi University, Politecnico di Milano – is underway. Coordinator Francesco Lamperti: “Synergy of fiscal, monetary and macroprudential policy to ensure a […]
South Africa: the rising temperatures will cost up to 20% of per capita GDP
Reduced wage gap between high-skilled and low-skilled workers, and severe impacts on economic productivity. Climate change effects on economics and labour in a new study led by EIEE (RFF-CMCC European Institute on Economics and the Environment) and the CMCC Foundation. Temperature rise due to climate change has negatively affected labour productivity in the past decades and […]
