Publications



Social discounting and the equity premium

Working paper by Michael Spackman on 28 Apr 2021

This paper assembles a picture of the evolving research on and understanding of the equity premium and the issues it covers reinforce other arguments for discounting over time at a social time preference rate in climate change analysis.


Social discounting and the cost of public funding in practice

Working paper by Michael Spackman on 28 Apr 2021

This paper is a contribution to the understanding and development of social discounting regimes. It addresses three implications of how public funding differs from private financing by debt and equity, then examines US Federal and United Kingdom central government conventions, and also illustrates the difficulties of establishing and maintaining analytically rigorous social discounting procedures in practice.



Multiple resilience dividends at the community level: A comparative study on disaster risk reduction interventions in different countries

Working paper by Viktor Rözer, Swenja Surminski, Finn Laurien, Colin McQuistan, Reinhard Mechler on 22 Apr 2021

The concept of ‘multiple resilience dividends’ is not yet widely applied. This paper analyses the knowledge gaps and challenges that arise from applying ‘multiple resilience dividends’ in the planning, implementation and evaluation of disaster risk reduction interventions at the community level.


What does an EU Carbon Border Adjustment Mechanism mean for the UK?

Policy publication by Josh Burke, Misato Sato, Charlotte Taylor, Fangmin Li on 1 Apr 2021

There has been a resurgence in the debate around Carbon Border Adjustment Mechanisms (CBAMs) and the role they may play in preserving the effectiveness of climate action in high ambition countries. This report explores how the European Union’s CBAM, announced to come into force by the end of 2022, might affect the UK.



Climate variability affects water-energy-food infrastructure performance in East Africa

Research article by Christian Siderius, Martin Todd, Ajay Gajanan Bhave, Andrew Dougill, David Mkwambisi, Joanna Pardoe, Japhet J. Kashaigili, Katharine Vincent, Rachel James, Richard Washington, Declan Conway on 11 Mar 2021

The authors of this paper examined past and future climate variability with the aim of understanding the main source of climate risk to development plans across the water, energy, and food sectors in southern East Africa, a relatively neglected region in terms of climate science and targeted for extensive infrastructure development.


Assessing the Quality of Regional Climate Information

Research article by Marina Baldissera Pacchetti, Suraje Dessai, Seamus Bradley, David Stainforth on 9 Mar 2021

Abstract There are now a plethora of data, models, and approaches available to produce regional and local climate information intended to inform adaptation to a changing climate. There is, however, no framework to assess the quality of these data, models, and approaches that takes into account the issues that arise when this information is produced. […]