Research Fellows

Côte d’Ivoire’s electricity challenge in 2050: Reconciling economic development and climate commitments

In closing its economic gap with emerging markets, Côte d’Ivoire will face a substantial increase in electricity demand over the next three decades. This paper develops a forward-looking tool to explore electricity technology investment paths compatible with both rapidly increasing electricity demand and the Paris Agreement.

Deepening the territorial Life Cycle Assessment approach with partial equilibrium modelling: First insights from an application to a wood energy incentive in a French region

An innovative modelling framework and metrics are developed to assess the economic and environmental performances of regional incentives in the wood energy sector. Our approach is based on the coupling between a partial equilibrium economic model of the forest sector with Life Cycle Assessment (LCA). Its originality relies on the computation of regional eco-efficiency ratios while taking account of diverse direct and indirect spatial and market interactions.

Green bond: the emperor wears no clothes

This article demonstrates that the green bond cannot constitute an incentive to carry out a green project.

International Conference on Mobility Challenges

Guy MeunierJean-Pierre PonssardResearch FellowsSectoral PoliciesComments Off on International Conference on Mobility Challenges

The Chair Energy and Prosperity Chair is organizing on December 9 and 10, an international conference on mobility challenges in partnership with the Armand Peugeot Chair and the Climate Economics Chair.

How to re-conceptualise and re-integrate climate finance into society through ecological accounting?

We propose an exploratory and theoretical study which introduces how and why a particular and innovative ecological accounting approach, the CARE model, currently called upon by a growing number of practitioners and researchers, is a relevant framework to re-conceptualise the issue of climate finance

Expenditure elasticity and income elasticity of GHG emissions: A survey of literature on household carbon footprint

The article examines the relationship between a household's income and its carbon emissions (the carbon footprint). It is found that, generally, the carbon footprint grows less rapidly than expenditure, and confirms that the income elasticity is lower than the expenditure elasticity

Exploring nonlinearity on the CO emissions, economic production and energy use nexus: A causal discovery approach

We examine the interactions between growth in CO2 emissions, economic production, and energy use at the global and multi-regional levels over the period 1990–2014. Among our findings, our results suggest that policy effectiveness could be gained if a country’s climate actions were coordinated with the other geographies most affected by their consequences, providing valuable information on the implementation of Article 6 of the Paris Agreement.

Testing Goodwin with a stochastic differential approach—The United States (1948–2019)

This paper follows Harvie and Grasselli and Maheshwari's research program in testing both Goodwin's predator–prey model and the extension proposed by van der Ploeg. The aim of this paper is to provide a guideline for the bloc estimation and the backtesting strategy that can be applied to such a class of continuous-time non-linear macroeconomic models.

From words to deeds? Climate change and the European Central Bank

Using textual analysis methods, we study how the topic of climate change has appeared and evolved in the speeches of the ECB's Executive Board members since 1997.

It takes two to dance: Institutional dynamics and climate-related financial policies

This article studies how institutional dynamics might affect and be affected by the implementation of climate-related financial policies.