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Only Deeper European Unification Can Save the Eurozone
The author contends that the eurozone crisis is not a failure of the euro itself, but a result of inadequate institutional underpinning and systemic problems that cannot be solved by national-level austerity. The text argues that the German government's focus on individual national fiscal discipline is a false diagnosis. To prevent a return to monetary nationalism or a permanent crisis, the author proposes a move toward political union among the 17 EMU member countries, involving collective guarantees for government bonds combined with strict collective control over national budgets. This process should be legitimized through a constitutional convention and public referenda to avoid a top-down 'centralised executive power'. Beyond the immediate crisis, the author suggests that unification is necessary to regulate global financial markets and maintain Europe's political and economic influence in a shifting global landscape.
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Document type: Statement
From shadow to green: Linking environmental fiscal reforms and the informal economy
The paper examines the 'double dividend' hypothesis in Spain, arguing that shifting the tax burden from labour to carbon can improve both environmental and economic outcomes. By incorporating the shadow economy into its model, the authors find that reducing labour taxes increases the demand for formal labour, encouraging workers to move from the informal sector to the formal economy. This transition increases official GDP and overall welfare. The study concludes that the potential welfare gains from such reforms are higher in countries with larger initial shadow economies and higher unemployment rates.
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Document type: Research paper
The Role of the Demand for Environmental Quality in Driving Transitions to Low-Polluting Energy Sources
The document analyzes 350 years of British history to show that transitions to low-polluting energy sources are driven by an iterative process of public demand and government response. It argues that while industrialists often weaken initial legislation, sustained demand signals both governments and polluters to seek low-cost, low-pollution alternatives. The author suggests that the transition to a low carbon economy will likely follow a similarly protracted course, influenced by economic prosperity, shocking environmental events, and the availability of competitive low-carbon technologies.
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Document type: Policy brief
Combatting Monsanto
The report details a global movement of small-scale farmers and activists resisting the corporate power of agribusiness, specifically Monsanto. It highlights legal battles, moratoria, and direct actions against GM crops in Europe, India, Latin America, and Africa. The document argues that the 'green economy' and 'climate-smart agriculture' frameworks are being used to further corporate control over seeds and land through market-based mechanisms and carbon offsets, while promoting food sovereignty as a sustainable alternative.
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Document type: Report
Combattre Monsanto
The report details a global movement of peasants and civil society organizations resisting Monsanto's influence on agriculture. It highlights specific battles in Europe, India, Latin America, and Africa, where activists fight against GMO seeds, toxic pesticides like Roundup, and the corporate control of seed systems. The document argues that the 'green economy' and 'climate-smart agriculture' are market-driven frameworks that facilitate corporate land grabbing and the spread of biotechnology. It advocates for food sovereignty—the right of peoples to define their own food and production systems—as a sustainable path to mitigate climate change and ensure food security.
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Document type: Report
Lucha contra Monsanto
The report documents global opposition to Monsanto and other biotechnology firms, highlighting the social and environmental costs of GM crops. It details resistance movements in Europe, India, Latin America, and Africa, while critiquing the 'green economy' and 'climate-smart agriculture' as market-driven mechanisms that reinforce corporate control. The authors advocate for food sovereignty and peasant-led agroecology as the only viable paths to climate resilience and food security.
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Document type: Report
Sources of finance in the international climate change regime
The briefing examines the funding gap for climate change in the global South, specifically Africa, where adaptation costs are projected to reach $30 to $60 billion annually by 2030. It evaluates several funding mechanisms—including direct budgetary contributions, shipping and aviation levies, financial transaction taxes, Special Drawing Rights (SDRs), the redirection of fossil fuel subsidies, and carbon taxes—against criteria for fairness, such as adequacy, predictability, and transparency. The document argues that public funding must be prioritized over private finance and carbon markets, which it claims are often biased toward profitable mitigation projects in middle-income countries and fail to provide meaningful support to the poorest African regions.
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Document type: Briefing
Trends in Income and Price Elasticities of Transport Demand (1850-2010)
The research finds that income and price elasticities for passenger transport in the UK were very high in the mid-nineteenth century and have declined continuously, with land transport becoming price inelastic in the 1920s and income inelastic by the early 1940s. Technological transitions, specifically the introduction of cars and airplanes, are found to have delayed the decline of these elasticities by providing higher quality services. The author argues that while future energy transitions in land transport are unlikely to cause the dramatic energy consumption spikes seen in the nineteenth century, they may still shift energy use trends upward, suggesting that carbon pricing should focus on encouraging low-carbon technology rather than reducing overall travel demand.
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Document type: Research paper
Exploitation of soil biota ecosystem services in agriculture: a bioeconomic approach
The paper investigates the trade-offs farmers face between immediate agricultural yields and the long-term maintenance of soil biota. Using optimal control theory, it identifies six bioeconomic states based on ecological interactions (normal vs. nuisance), farmer expectations (sustainable vs. non-sustainable), and technical orientations (natural resource oriented vs. agricultural effort oriented). The analysis reveals that secure property rights and long-term preferences do not automatically lead to conservation; instead, their effect is ambiguous and depends on the specific bioeconomic state of the agroecosystem.
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Document type: Research paper
FRESHWATER TROUT AQUACULTURE DIALOGUE Final draft standards for environmentally and socially responsible trout farming
The Freshwater Trout Aquaculture Dialogue (FTAD) has developed a comprehensive set of global standards for freshwater trout aquaculture, focusing on environmental and social responsibility. The standards cover six core principles: legal compliance, habitat and biodiversity conservation, water resource protection, fish health management, resource efficiency (specifically feed and energy), and social responsibility. Key requirements include prohibitions on transgenic trout and lethal predator control, strict limits on phosphorus discharge, and mandates for fair wages and the absence of child or forced labor. The standards apply to all freshwater trout production systems globally and require 100 percent compliance for certification. Implementation and third-party certification will be managed by the Aquaculture Stewardship Council (ASC).
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Document type: Report
The effects of carbon prices and anti-leakage policies on selected industrial sectors
The report uses three sector-specific engineering models to evaluate how carbon prices affect the competitiveness and leakage risk of Spain's cement, steel, and oil refining industries. It finds that coastal cement regions and the oil refining sector are particularly vulnerable to leakage, while the steel sector's risk is mitigated by a high prevalence of Electric Arc Furnace (EAF) technology. The authors suggest that border tax adjustments are generally more effective and practical than output-based free allocations for reducing leakage in these sectors.
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Document type: Report
Strengthening The EU ETS
The report argues that the EU ETS has failed as a driver for investment due to a surplus of emission allowances and collapsed prices, which are currently below €10/tCO2. To address this, the author proposes a three-part strategy: the set-aside of allowances to recalibrate the system, the implementation of a rising reserve price on auctions to create a price floor, and accelerated negotiations for post-2020 strategies. The document emphasizes that no single measure is sufficient to restore the strategic context needed for the estimated €1,000bn in energy system investments required over the coming decade.
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Document type: Executive summary
The ClimateCost Project. Final Report. Volume 1: Europe
The ClimateCost project estimates significant health risks for Europe under a medium-to-high emission (A1B) scenario, with heat-related mortality and coastal flooding causing the highest welfare costs. Heat-related deaths are projected to reach 127,000 per year by the 2080s, though this is reduced by acclimatisation and mitigation (E1 scenario). Salmonellosis cases and labour productivity losses are also expected to rise, particularly in Southern Europe. The report highlights that technical adaptation, such as sea dikes, can drastically reduce coastal flood fatalities, while other health adaptation measures remain under-researched.
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Document type: Briefing
How China built the world’s largest wind power market
The document analyzes China's rapid expansion in wind power, highlighting the role of the 2006 Renewable Energy Law, the transition from concession bidding to feed-in tariffs, and the growth of domestic manufacturing.
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Document type: Policy brief
Transforming India into a solar power
The document evaluates the Jawaharlal Nehru National Solar Mission, launched in 2009 to make solar power affordable by 2022 and establish India as a global leader in solar energy. It highlights the success of competitive bidding in reducing tariffs but warns that a lack of expertise requirements attracted inexperienced developers, risking project defaults. The brief also notes that while off-grid subsidies exist, the market-based approach and high down payments limit access for the most energy-poor. It recommends integrating participatory models and strengthening environmental impact assessments to ensure long-term sustainability.
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Document type: Policy brief
Decarbonizing the EU Power Sector
The paper examines the EU power sector's transition toward a low-carbon future, highlighting the critical role of the electricity sector in decarbonizing transport and buildings. It identifies significant risks in current investment trends, such as carbon lock-in from new gas and coal plants, and argues that the EU Emissions Trading System (ETS) fails to provide a credible long-term signal for post-2020 investments. The authors recommend establishing post-2020 emissions caps and calibrating the ETS to ensure carbon scarcity after accounting for energy efficiency and renewable energy objectives.
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Document type: Research paper
Coal Power in the CDM: Issues and Options
The report examines the CDM methodology ACM0013 used to award emission reduction credits to coal projects in India and China. It finds that the methodology is systematically flawed, leading to an estimated 250% over-crediting of Certified Emission Reductions (CERs). The authors argue that most projects are non-additional because the transition to supercritical and ultra-supercritical technology is already driven by rising coal prices and national policies. Furthermore, the report highlights a low signal-to-noise ratio where factors other than boiler technology significantly impact efficiency, making verifiable emission reductions difficult to estimate. The authors conclude that using climate finance to support coal investments may undermine global climate goals and suggest sectoral crediting as a more robust alternative.
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Document type: Research paper
The ImpacTs of polIcy on The fInancIng of Renewable pRojecTs: a case sTudy analysIs
The report analyzes six case studies—onshore wind in the U.S. and Spain, solar PV in the U.S. and Italy, a solar power tower in the U.S., and offshore wind in Denmark—to determine how policy impacts the cost of finance. It identifies seven policy impact pathways, finding that the duration of revenue support and revenue certainty are the most critical factors in reducing financing costs. The analysis shows that while most projects' costs and returns align with benchmarks, the Italian PV case experienced inflated costs and returns due to a rush to qualify for a Feed-in-Premium. The report concludes that policies reducing risk and providing revenue certainty are essential for attracting institutional investors and scaling innovative technologies.
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Document type: Report
Balancing Groundwater Conservation and Rural Livelihoods under Water and Climate Uncertainties: An Integrated Hydro-Economic Modeling Framework
The study evaluates water policies in a central arid region of Spain, finding that current quota-based systems are insufficient to recover overexploited aquifers or protect rural incomes. It suggests that while larger, diversified farms with modern irrigation adapt better to water stress, long-term sustainability requires additional measures like controlling illegal abstractions and establishing water banks.
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Document type: Research paper
ICTs as Enablers of the Green Economy: A brief on Internet policy issues
The brief highlights the significant economic impact of the Internet and its potential to drive a green economy through smart systems and dematerialization, while noting the need to address the ICT sector's own environmental footprint.
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Document type: Policy brief