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Feature

Presidential Correspondence arrow2

Nyborg Karine Nyborg, EAERE President
Dear EAERE members,
Our Association is thriving! By the end of 2012, EAERE had more than 1200 members from 84 countries, as well as 28 institutional members. You may contrast this to our 390 individual members in 2002, or the 417 in 2003 (institutional membership was not yet offered).
This is a situation with substantial positive feedbacks. Running an organization like ours is an activity involving considerable returns to scale. High membership numbers are to a large extent the result of successful conferences and summer schools; conversely, high membership numbers provide the financial flexibility needed to actually secure high quality conferences and summer schools.

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From the Editor arrow2

KoundouriPhoebe Koundouri, Newsletter Editor
During the last six months, I have experienced an extremely positive reaction with regards to my invitations for contributions to the EAERE Newsletter, both within Europe and ‘abroad’. In this issue I aimed at producing a Newsletter that brings to EAERE members not only own Institutional and Research News, but also corresponding information from Institutions outside EAERE and, sometimes, outside Europe. I hope you find this approach interesting and valuable. In addition to our traditional sections, the NL contains a series of articles and new sections that I briefly summarize below.

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ERE's editor-in-chief is awarded the OBE

BatemanOn Behalf of the Journal of the Association, we are delighted to annuonce that ERE's editor-in-chief, Ian Bateman, has been awarded the Order of the British Empire (OBE) for services rendered to environmental policy and science.
Bestowed by Queen Elizabeth, an OBE recognizes significant contributions in a given field made over a long period. This work is reflected in particular in a forthcoming special issue of the Journal on the theme of The Economisc of Ecosystem Services, guest-edited by Sir Partha Dasgupta, which will be published in the course of this year.
Please join us in congratulating Ian on this highly deserved ackowledgment of his long-standing contributions.

Karine Nyborg
EAERE President

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EAERE/2013 - Organizational stepsarrow2

EAERE2013 bannerFrançois Salanié, Chair of EAERE-2013 Local Organising Committee
Remember that the 2013 EAERE Conference is coming closer! This year the Conference takes place in downtown Toulouse, at the Université Toulouse-Capitole, at the end of June. It is organized by the Toulouse School of Economics and the LERNA (Laboratoire d’Economie des Ressources Naturelles). Here are some news (more details at www.eaere2013.org), but the key message is that all EAERE members are welcome, and needed!

EAERE/2013 - Scholarships

EAERE makes available a number of grants for participants to EAERE/2013.
Grants have been already assigned to eleven selected participants presenting a paper according to the following criteria:

(1) PhD students or researchers who completed their PhD in the previous 2 years, resident in low income, lower-middle-income and upper-middle income economies;
(2) researchers resident in resident in low income, lower-middle-income and upper-middle income economies that have no other source of funding for the conference;
(3) PhD students or researchers resident in industrial countries who completed their PhD in the previous 2 years and have no other source of funding for the conference.

Ten grants are offered by EAERE, one by Springer. We would like to express our gratitude to Springer for the kind cooperation.
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EAERE/2013 - Awards

During the conference Awards Ceremony (June 28th, 12.00-12.15) at the EAERE 20th Annual Conference, the winners of following awards will be announced. Participants in EAERE 2013 are warmly invited to attend! Further information regarding the Awards available at http://www.eaere.org/awards.html.

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5th World Congress of Environmental and Resource Economists June 28 – July 2, 2014 Istanbul, Turkey arrow2

WCEREMark Cohen, Timo Goeschl, Erinç Yeldan, WCERE Programme Committee Co-Chairs
The 5th World Congress of Environmental and Resource Economists (WCERE) will take place in Istanbul, Turkey, from June 28 to July 2, 2014. After Venice (1998), Monterey (2002), Kyoto (2006), and Montréal (2010), the profession will convene in this unique World Heritage city that straddles Europe and Asia. Over 1100 economists from more than 40 countries attended the last World Congress in Montreal – and an equal if not greater number is anticipated at Istanbul next year. Confirmed keynote speakers include Professors Robert H. Frank (Cornell), Eswaran Somanathan (Indian Statistical Institute), and Matthew Kahn (UCLA Institute of the Environment).

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21st EAERE Annual Conference

EAERE 21st Annual Conference will be held in Helsinki, Finland, June 24-27, 2015. The University of Helsinki has been entrusted with organizing the conference. The Programme Committe Co-Chairs are Markku Ollikkainen and Olli Tahvonen. Further information about the conference will be available soon at www.eaere.org.
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22nd EAERE Annual Conference - June 2016 - Call for Expressions of Interest arrow2

The European Association of Environmental and Resource Economists (EAERE) solicits proposals for the Local Organising Committee and for the Conference Venue for its 22nd Annual Conference, tentatively to be held in late June 2016. Universities, research organisations, or groups of organisations, that intend to propose their candidature for the Local Organising Committee and Venue are kindly requested to send their expressions of interest to EAERE by 15 December 2013.

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EAERE Supported Events - Special Call's Winning Projects arrow2

In the fall of 2012, EAERE launched a Special Call for Proposals “for supporting the organisation of activities that promote the scientific exchange and dissemination in environmental and resource economics”.
By the deadline of Feb 15, 2013, 22 eligible proposals had been submitted, many of them of potential great interest to EAERE members. Since the funding requested by these applications totalled 300,000 EUR, approximately six times the Special Call budget approved by EAERE’s 2012 General Assembly, it was obviously not possible to grant every application the amount requested.

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Convocation for the 2013 General Assembly of Members

EAERE Members are invited to join the 2013 Annual General Assembly of members convened as follows:
  • First convocation: June 24th 2013, from 9.00 to 10.15 EAERE Headquarters Isola di San Giorgio Maggiore Venice, Italy
  • Second convocation: June 29th 2013, from 12.30 to 13.45 University Toulouse I Toulouse, France
AGENDA:
1. Approval of the minutes of the General Assembly of Members held on June 30th, 2012 in Prague
2. Individual and institutional membership profiles and ratification of members’ lists
3. Association’s Governance
  • Thanks to leaving Council members: Partha Dasgupta, Catarina Roseta Palma and Matti Liski
  • Presentations of candidates for the 2013 Elections
  • Appointment of Board of Auditors’ members for years 2014 and 2015
  • Appointment of Internal Advisory Board of Auditors’ members for 2014
  • Appointment of Policy Advisor
Awards 2013
Calendar of future EAERE events
Accounts
  • Final Accounts 2012: Board of Auditors and Internal Advisory Board of Auditors’ reports and accounts approval
  • Preliminary budgets for 2013 and 2014 (including membership fees)
7. Report on ERE, by Ian Bateman
8. Speeches by Country Representatives
9. Any other business

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What Economists Can do for Environmental and Natural Resource Management arrow2

Catarina Roseta-Palma, EAERE Vice-president and Phoebe Koundouri, EAERE Council Member
Article published in the e-magazine Energy & Environmental Management (EAEM), December 2012.
Markets work fairly well as a way to trade many goods and services, ensuring that the value created by the exchange is as high as possible. However, environmental goods are likely to be mishandled by the market mechanism, for several well-known reasons. First and foremost, the environmental impacts of a consumption or production decision almost invariably appear as external effects on third parties who do not participate in such decisions. Often it is also the case that property rights for environmental goods are not well-defined.

 

Feature

Letter from the President of AEREarrow2

KrupnickAlan Krupnick, AERE President
As incoming president of AERE and as a frequent participant at EAERE meetings, I would like to thank EAERE for setting such a high standard for their summer meetings, one we believe we have emulated! Our third annual AERE Summer Conference is in the spectacular Canadian Rockies at The Banff Centre in Banff, Alberta, Canada. June 6-8. The committee received 519 abstract submissions, of which nearly 250 papers were accepted for the general sessions. These papers are spread over nine parallel sessions during the two-day conference, which follows a workshop "Recent Advances in Program and Policy Evaluation" with Paul Ferraro (Georgia State University) and Dan Millimet (Southern Methodist University). Thanks to all of the EAERE members who are attending. Of course, both of our institutions look forward to the next World Congress in Istanbul from June 28 to July 2, 2014.



Research Highlights

Green National Accounts for India - A Framework

A Report by an Expert Group Convened by the National Statistical Organization, Ministry of Statistics and Programme Implementation,Government of India

DasguptaThe Indian Prime Minister Dr. Manmohan Singh unveiled "Green National Accounts in India A Framework - Report of the Expert Group" at an international workshop organized by the Ministry of Statistics and Programme Implementation (MOS&PI). The report has been prepared by an expert group set up by MOS&PI under the renowned economist and Professor at University of Cambridge Sir Partha Dasgupta.
The full report is available at:
http://mospi.nic.in/mospi_new/upload/Green_National_Accouts_in_India_1may13.pdf


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Investments and Public Finance in a Green, Low Carbon, Economyarrow2

Carlo Carraro, Alice Favero and Emanuele Massetti
A large literature has assessed the macroeconomic cost of stabilising Greenhouse Gas (GHG) concentrations, with various assumptions on the environmental stringency of the adopted policy tool, on the technologies available, on the cost of those technologies, on the timing and on the degree of international cooperation.

The macroeconomic cost of a climate policy – e.g. the discounted loss of Gross Domestic Product (GDP) – is an important indicator and it certainly deserves an important place in both the academic and the policy debate on climate change mitigation. However, this is not the only piece of information on the economic implications of climate policy that policy makers and the business community would need to better plan future investments and policy decisions.

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A Model of a Model arrow2

FullertonDon Fullerton, University of Illinois
Decades have passed since I worked on a computable general equilibrium (CGE) model of taxation to analyze tax incidence and deadweight loss. That U.S. model had 19 sectors, each using labor and capital plus other intermediate inputs, all subject to various U.S. tax rules. Then I started in environmental economics with much smaller analytical general equilibrium models. To be tractable, these models might have only two factors used in two sectors. Meanwhile, large CGE models are also important in environmental economics, especially in the analysis of worldwide climate policy. Such models can have a dozen regions, each with many sectors using labor, capital, and various natural resources. These CGE models are very complicated, and sometimes difficult for the uninitiated readers to understand.

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The TOA-MD Model: A Novel Approach to Multi-Dimensional Impact Assessment of Agricultural Systemsarrow2

John M. Antle and and Roberto O. Valdivia, Oregon State University
The TOA-MD Model is a unique simulation tool for multi-dimensional impact assessment that uses a statistical description of a heterogeneous farm population to simulate the adoption and impacts of a new technology, a change in environmental conditions, and ecosystem services supply. Impacts are defined as population means, or as the proportion of the population above or below a threshold, e.g., a poverty line or a nutritional requirement. The model is based on concepts developed in the modern observational experiment and micro-econometrics literatures, but embodies these concepts in a parsimonious parametric framework that can be used for both ex post and ex ante impact assessment. For the model’s theoretical foundations, see Antle (2011; Antle, Stoorvogel and Valdivia 2012).

Letter from Regions

Agri-environmental policy and water pollution in Finland arrow2

LukkanenMarita Laukkanen, Government Institute for Economic Research, Finland

Water pollution caused by agriculture, in particular nutrient enrichment of surface waters, is viewed as a significant environmental problem in Finland. The adjacent Baltic Sea suffers from severe nutrient-related degradation of water quality, with intensive agriculture the largest source of nutrients. Finland’s geography is characterized by numerous lakes, and drainage waters from some 90% of Finland’s agricultural land flow into lakes or rivers. Consequently, agricultural chemicals are easily transported into aquatic environments and eventually to the Baltic Sea.
The Finnish Agri-Environmental Program (FAEP) is considered the primary solution to the country’s problems with agriculturally produced pollution.

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Environmental Economics in Serbia, here and there, mostly nowhere arrow2

PesicRadmilo Pesic University of Belgrade Faculty of Agriculture, Department of Agricultural Economics
In 2005, an ambitious policy project was initiated in Serbia with an objective to produce the National Sustainable Development Strategy that would make economic growth not only efficient, but also more socially oriented and more environmentally responsible. The project was financed by the Swedish International Development Agency (SIDA) and managed jointly by the UNDP office in Belgrade and the Office of the Serbian Deputy Prime Minister. More than fifty prominent local experts were involved, mostly from universities, government agencies and research centres. Wider circle of participants in the drafting process consisted of international organizations, local authorities, trade unions, Chamber of Commerce, Foreign Investors’ Council, non-government organizations, etc.

In spite of initial problems in coordination and participation, including a lack of guidance from the key stakeholders, frequent changes of government officials and high political sensitivity of the project, the Strategy was successfully completed in 2007. After a broad public debate it was adopted by the Government in May 2008. Soon after that an Action plan for the Strategy implementation was prepared.

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Greening Turkish Economy: A General Equilibrium Investigation of Environmental Policies for Sustained Growth arrow2

YeldanErinc Yeldan, Yasar University, Department of Economics
As a newly emerging —developing- market economy, Turkey has not yet achieved stability in its energy utilization and gaseous emissions either as a ratio to its GDP or at a per capita level, and it is cited among the 25 countries that display fastest rate of growth in industrial use of energy sources. Furthermore, as part of its EU accession process, Turkey is negotiating the Environment Chapter (compliance with the EU Environmental Acquis), which offers significant opportunities for greening its economy. The environmental investments that Turkey would have to make to implement the EU Environmental Acquis over the next two decades are significant.
Investments will be required to be in compliance with some 200 laws and regulations covering water and air pollution, waste and chemicals management, biotechnology, radiation protection and nature conservation.

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Canadian Climate Policy: Current state and recommendations arrow2

Isabel Galiana, McGill University
Canada accounts for less than 2% of global emissions and this share is expected to decline due to the rapid rise of emerging countries, particularly China and India. Canadian emission reduction targets, if achieved, would result in a 17% of 2% reduction in global emissions. This is 0.34% of global emissions. Despite its relatively small share of emissions, Canada has won the Fossil of the Year award five times running since 2008 and has earned a significant criticism, particularly from emission-target focused European nations. This is an award given to the country that does the most to block progress at UN climate change conferences.

 

Policy Commentary

How Should Benefits and Costs be Discounted in an Intergenerational Context? The proceedings of an USEPA/RFF Workshop arrow2

GroomBen Groom, London School of Economics
On September 22 and 23, 2011, the U.S. Environmental Protection Agency (EPA) sponsored a workshop held at Resources for the Future (RFF) to seek advice on how the benefits and costs of regulations should be discounted for projects with long horizons—that is, for projects that affect future generations. The essential problem with intergenerational projects is that the costs are borne today, while the benefits occur centuries hence. Climate change mitigation is the typical example. Within the confines of Cost Benefit Analysis (CBA), the answer to the question of whether and how much to invest is often determined by the discount rate.
Both EPA and the Office of Management and Budget (OMB) give analysts more flexibility in discounting the net benefits of ‘intergenerational projects’: sensitivity analysis using a flat 2.5% rate. The purpose of the workshop was to seek advice from the 12 panelists as to whether this is the appropriate way to proceed in these cases1. Among the charge questions, the chief question was: What are the arguments for a declining term structure of social discount rates, and how can this be specified empirically? The panel’s answers are briefly outlined here.

 

Policy-related News from the European Commission

The economics of controlling satanic greenhouse gases in the EUarrow2

Klaassen Gerardus Klaassen, European Commission, EAERE Policy Advisor
End 2012 the European Commission presented a proposal for a significant reduction in the emissions of fluorinated gas (F-gases) in the EU. These F-gas emissions can have an impact on global warming up to 23000 times higher than carbon dioxide. That's why some have called them “satanic”. Existing legislation is not enough. The EU's F-gas directive prescribes inter alia leakage controls (“containment”) for stationary refrigeration and air conditioning and mandatory recovery. The mobile airconditioning directive requires all new vehicles to use cooling agents with a greenhouse warming potential of less than 150 times CO2 from 2017 (and from 2011 for new vehicle types).
F-gases are commonly used in refrigeration and air conditioning, as well as in electrical equipment, insulation foams, aerosol sprays and fire extinguishers. They leak from production plants, from appliances and they leak when such appliances are thrown away.

Consultation on 2030 framework for EU climate change and energyarrow2

Gerardus Klaassen, European Commission, EAERE Policy Advisor
Energy infrastructure built today will still be in use up to and beyond 2030. The European Commission has therefore started work on developing a 2030 framework for EU climate change and energy. A green Paper adopted by the Commission in March 2013 has launched a public consultation on what the 2030 framework should contain. In light of the views expressed by Member States, EU institutions and stakeholders, the Commission intends to table the 2030 framework by the end of 2013. While the EU is making good progress towards meeting its climate and energy targets for 2020, reflection is needed now on an integrated policy framework for the period up to 2030. Providing clarity on this will give certainty to investors and stimulate innovation and demand for low-carbon technologies, thus supporting progress towards building a more competitive, sustainable and energy-secure European economy.

 

Research related news from the European Commission

Contributions of the EU FP7 GENESIS project on groundwater systems to the analysis of economic and institutional issues of groundwater management with selected case studiesarrow2

GenesisManuel Pulido-Velezquez,Phoebe Kondouri, Johannes Sauer, Bjørn Kløve
The EU Water Framework Directive clearly integrates economics into water management and policy making, and economics is to have a decisive role in the development of the programme of measures and the new river basin management plans. This paper provides a brief overview of the contribution of the EU GENESIS project with the application of different economic or hydro-economic methods and approaches for analyzing and/or selecting sustainable cost-efficient measures and management strategies to achieve a good quantitative and chemical groundwater status in six selected case studies across Europe that differ in their physical settings, drivers, pressures, impacts, and management and policy issues.

The EU Framework Programme for Research and Innovation - Horizon 2020

Horizon 2020Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with an €80 billion budget, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe.

News from other institutions working on environmental and resource economics

The Grantham Research Institute for Climate Change and the Environment, at the London School of Economics and Political Sciencearrow2

The Grantham Research Institute on Climate Change and the Environment was founded in 2008 to extend the world-class excellence of the London School of Economics and Political Science to the field of climate change and the environment. Through our work, we seek a world in which climate change risks and other global environmental challenges are effectively managed through decision-making that is informed by the best research and analysis. Unless these risks are managed well, the battle against extreme poverty and the prospects for growth and development across the world will be severely undermined.

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Natural Capital Accounting and Wealth Accounting and the Valuation of Ecosystem Services arrow2

NunesPaulo A.L.D. Nunes, The Mediterranean Science Commission - CIESM
Once a topic reserved for statisticians, natural capital accounting (NCA) has reached new heights over the past year. A wide-ranging audience including economists, policy makers, scientists, academics and members of the private and public sectors have taken notice that natural capital (such as forests, minerals and water) provides economic values often unaccounted for in traditional measures of wealth like gross domestic product, and therefore left out of important decision-making processes. NCA is especially important in developing countries where economic activity and livelihoods, particularly of the poor, critically depend on natural capital.

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The Society for Benefit-Cost Analysis Welcomes You!arrow2

WeimerDavid L. Weimer, Edwin E. Witte Professor of Political Economy at the University of Wisconsin–Madison and current President of the Society for Benefit-Cost Analysis
As the compilation of protocols for applying welfare economics, benefit-cost analysis (BCA) has wide application in public policy. Environmental and resource economists were instrumental in extending the application of BCA beyond simple infrastructure projects in past decades, bequeathing to analysts in other fields important valuation techniques, especially stated preference methods. The Society for Benefit-Cost Analysis (SBCA) recognizes these contributions and enthusiastically welcomes members of the EAERE who wish to commune with others sharing an interest in improving public policy through the appropriate application of BCA and related analytical approaches.

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The Environment for Development initiative (EfD) to become independent legal entity arrow2

At the recent Environment for Devlopment annual meeting in Costa Rica the Coordination Committee made a number of important decisions.

First a five year strategic plan was decided upon. This plan includes ambitions of growth for EfD both in terms of number of centers involved and in collaborations for sustainable funding and increased impact.

 

insitutional events

24-25 June 2013
Workshop on non-market valuation, Nantes, France
Event supported by EAERE

26 June 2013
EAERE/2013 Pre-Conference Event - Trade and Species Dispersal – a Dialogue between Economists and Ecologists
EAERE/2013 Pre-Conference Event in honour of Michel Moreaux (TSE) - Hotelling Resources on the Eve of Resource Transitions


Banner EAERE/2013
26-29 June, 2013
EAERE 20th Annual Conference, Toulouse, France


ESS13

30 June - 6 July 2013
EAERE-FEEM-VIU European Summer School: "Uncertainty, Innovation and Climate Change", Venice, Italy



1-7 September, 2013
Belpasso International Summer School on Environmental and Resource Economics "Frontiers in Economics of Natural Hazards and Disaster Risk Reduction - Financing Disaster Risk Reduction and Climate Adaptation"
Event supported by EAERE

12-14 September 2013
Workshop "Conservation Tenders in Developed and Developing Countries - Status Quo, Challenges and Prospects", Boppard, Germany
Event supportted by EAERE

3 October 2013
Methods for Research Synthesis Workshop: A Cross-Disciplinary Approach, Cambridge, USA
Event supported by EAERE

WCERE
28 June 2 July 2014
5th World Congress of Environmental and Resource Economists, Istanbul, Turkey

6 - 12 July 2014
EAERE-FEEM-VIU European Summer School: "The Economics of Adaptation to Climate Change", Venice, Italy

24-27 June 2015
EAERE 21st Annual Conference, Helsinki, Finland

Job Mkt

job market
Don’t miss the opportunity of finding the matching you’re looking for!
The European Job Market for Environmental and Resource Economists aims to offer the two sides of the market - institutions with open positions and candidates looking for a job - both a virtual and a physical place to meet and look for the best match. Candidates, universities, public and private institutions, and corporations are invited to apply to participate in the Job Market.

EAERE Job Market is a great opportunity for both candidates and institutions, arrange an interview at the EAERE Annual conference!
Visit the Candidates and the Open Positions pages.

annoucements

Events, Books, Journals, Educational Programmes, Web Resources

Information on events, booksjournalseducational programmes, web resources, policy resources, is available on the Association's website.

EAERE members are encouraged to post announcements of interest for the field at no charge.
It is sufficient to send an e-mail to eaere@eaere.org containing the information to be posted.
It is a great opportunity to let your news be known by a wide audience!

Institutional Members

EAERE Institutional Members 2013

Public and private institutions are invited to support the Association to further its aims by joining EAERE as institutional members.
Incomes from institutional membership fees are used exclusively and completely to further the aims of the Association. The Association reserves to institutional members a rich portfolio of benefits and different membership options and prices. Spread the word and invite other institutions to join us!



FULL INSTITUTIONAL MEMBERS

  • Basque Centre for Climate Change - BC3
  • Center for International Climate and Environmental Research - Oslo - CICERO
  • Cyprus University of Technology - CUT
  • European University Institute - Climate Policy Research Unit - EUI
  • Frisch Centre
  • Fondazione Eni Enrico Mattei- FEEM
  • Research Institute of Capital Formation, Development Bank of Japan Inc. - RICF DBJ
  • Statistics Norway, Research Department
  • Stockholm Resilience Centre
  • Toulouse School of Economics, Laboratoire d’Economie des Ressources Naturelles (LERNA)
  • TEN Center - Thematic Environmental Networks, Venice International University
  • The Beijer Institute of Ecological Economics

UNIVERSITY INSTITUTIONAL MEMBERS

  • CEIGRAM- Universidad Politécnica de Madrid
  • Centre d'Economie de la Sorbonne - CES
  • Centre d'Etudes et de Recherches sur le Développement International - CERDI
  • Centre for Environmental and Resource Economics - CERE, Department of Economics, Umea University
  • Centre for Research on Energy and Environmental Economics and Policy IEFE
  • Center Interuniversitaire de Recherche en Economie Quantitative - CIREQ
  • Department of Agrifood and Environmental Systems Management (DiGeSA), University of Catania
  • Department of Environmental and Business Economics, University of Southern Denmark - SDU
  • School of Agricultural & Resource Economics, Universtiy of Western Australia
  • The Grantham Research Institute on Climate Change and the Environment - GRI
  • Tilburg Sustainability Center
  • UMR AMURE (Brest University-ifremer)
  • University of Gothenburg, Department of Economics, Environmental Economics Unit
  • University of East Anglia
  • VU University Amsterdam, Institute for Environmental Studies - IVM
  • Wageningen University
EAERE is most grateful for their support.