A summary of CMCC’s contribution to the 28^h Annual Conference of the European Association of Environmental and Resource Economists, taking place from 27 to 30 June 2023 at The Cyprus University of Technology.

The 28^h Annual Conference of the European Association of Environmental and Resource Economists (EAERE), whose Secretariat is managed by CMCC Foundation, is taking place from 27  to 30 June 2023. The conference will take place in presence in the coastal city of Limassol, while including some hybrid events as part of the programme, and is organised by The Cyprus Institute, the Cyprus University of Technology, and the Department of Economics of the University of Cyprus.

Participants who wish to attend hybrid sessions remotely must register by June 25 for online participation, which is offered at a significantly reduced rate than registration for in-person attendance. Registration fees can be found on this page.

The full conference programme is available at this link. 

Researchers of the RFF-CMCC European Institute on Economics and the Environment (EIEE) and the CMCC Economic analysis of Climate Impacts and Policy (ECIP) Research Division will actively participate in the conference as organizers and panelists in Policy and Thematic Sessions, and in a Session on EAERE Award for ERC Grants laureates in the field of environmental and resource economics. Moreover, their papers will be presented in many parallel sessions. CMCC’s contribution to the 28^th Annual Conference of the European Association of Environmental and Resource Economists is summarized below.

Policy Session 4: Climate risk assessment: progress and pathways (Hybrid)

June 28, 2023 – 11:15 AM – 01:00 PM (Europe/Nicosia) / 10:15 AM – 12:00 PM (Europe / Rome)

Room: Tassos Papadopoulos 2

Organizers: Gianni Guastella, Università Cattolica del Sacro Cuore & Deloitte Italy; Francesco Bosello, Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC)

Panelists:

• Gianni Guastella (Università Cattolica del Sacro Cuore & Deloitte Italy)
• Francesco Bosello (Centro Euro-Mediterraneo sui Cambiamenti Climatici CMCC)
• Irene Monasterolo (EDHEC Business School and EDHEC Risk Climate Impact Institute) • Martina Spaggiari (European Central Bank)
• Fabien Le Tennier (European Banking Authority)
• Marie Scholer Mendez (EIOPA)

This session is organized with the support of Deloitte Climate & Sustainability.

Climate risk assessment of companies is increasingly becoming pivotal in decision-making at multiple levels to boost the private sector climate action and green the financial system. Companies need to understand their physical and transition risk exposure to plan adequate investments; financial operators use climate risk information in portfolio management; banks are interested in evaluating the counterparty risk induced by climate change; regulators are committed to preventing climate and policy-induced systemic crises. Whilst all these actors perceive the urgency of having reliable, timely, and comparable data on company climate risk assessment, this information is not yet available. This policy session aims to bring together people from the academic and policy worlds to debate state of the art in climate risk assessment approaches, identify gaps, and provide tentative pathways to fill them.

Award Session – Session on EAERE Award for ERC Grants laureates in the field of environmental and resource economics

June 29, 2023 – 11:15 AM – 01:00 PM (Europe/Nicosia) / 10:15 AM – 12:00 PM (Europe / Rome)

Room: Andreas Themistocleous Kerynia

The session will host presentations by the ERC grantees who received the 2023 EAERE Award for ERC Grants laureates in the field of environmental and resource economics.

CHAIRS: Phoebe Koundouri, Athens University of Economics and Business and Denmark Technical University Åsa Löfgren, University of Gothenburg

PRESENTATIONS:

• Massimo Tavoni, Polytechnic of Milan and CMCC EUNICE – Debiasing the uncertainties of climate stabilization ensembles (CONSOLIDATOR)
• Tobias Berg, Frankfurt School of Finance & Management ClimateBanking – Banking and Climate Change (CONSOLIDATOR)
• Mathias Reynaert, Toulouse School of Economics SPACETIME – Econometric Models to Evaluate Environmental and Spatial Effects of Long-Lasting Policies (STARTING)

Policy Session 11: Policies to Enable Just Transitions: Building a Bridge between Research and Practice  (Hybrid)

June 29, 2023 – 02:30 PM – 04:15 PM (Europe/Nicosia) / 01:30 PM – 03:15 PM (Europe/Rome)

Room: Tassos Papadopoulos 2

Organizers: Ireri Hernandez Carballo, Bocconi University; Elena Verdolini, RFF – CMCC European Institute on Economics and the Environment; Massimo Tavoni, RFF – CMCC European Institute on Economics and the Environment; Ioana Petrescu, Pur si Simplu Verde; Jan Steckel, Mercator Research Institute on Global Commons and Climate Change; Karin Küblböck, Austrian Foundation for Development Research; Marion Dumas, London School of Economics

Panelists:

• Ireri Hernandez Carballo (Bocconi University)
• Massimo Tavoni (RFF – CMCC European Institute on Economics and the Environment)
• Ioana Petrescu (Pur si Simplu Verde)
• Jan Steckel (Mercator Research Institute on Global Commons and Climate Change) • Karin Küblböck (Austrian Foundation for Development Research)
• Marion Dumas (London School of Economics)

The session will enable a deeper understanding of the challenges and drivers of the design and implementation of effective, politically feasible, and equitable decarbonization policies in the context of the energy and digital transition. It is organized as a roundtable dialogue among practitioners representing a wide set of stakeholders and academics from a wide variety of research backgrounds and methodological approaches. The chair of the session will provide guiding questions, with the aim of highlighting recent events and policy developments – particularly the COVID19 pandemic, the recent energy crisis, the Just Transition Fund and Just Transition Mechanisms within the broader context of the European Green Deal – the latest relevant research results, and fruitful avenues of research co-design among Just Transition experts.

Thematic Session 5: Inclusion and Diversity from different dimensions – Gender, Ethnicity, Geography and Sexual Orientation (Hybrid)

June 29, 2023 – 02:30 PM – 04:15 PM (Europe/Nicosia) / 01:30 PM – 03:15 PM (Europe/Rome) 

Room: Tassos Papadopoulos 3

Gender and diversity have been discussed and deliberated time and again in our modern and postmodern discourses but the idea of diversity and inclusiveness in our mainstream professional circles is still a distant dream. The DEI committee in order to break the ice and bring the burning issues on the front has taken an initiative and attempt to make our world more inclusive to build a better social order. In this session we will discuss the extensive literature on Inclusion and Diversity in the field of environmental and resource economics.

Organized by the Executive Committee of the EAERE Diversity, Equity and Inclusion Initiative (https://www.eaere.org/diversity-equity-and-inclusion-initiative/)

Presentations:

• Welcome by the EAERE President and DEI Introduction by Phoebe Koundouri (Athens University of Economics and Business and Denmark Technical University )
• Literature review of Women in Economics by Maria López Uribe (Universidad de los Andes)
• Climate change, labour & gender inequality in South Africa by Soheil Shayegh (RFF-CMCC European Institute on Economics and the Environment)
• Women in Agriculture: the assessment of gender-specific normative and institutional barriers to Adaptation to climate change by Vijaya Gupta, National Institute of Industrial Engineering, Mumbai

Open Discussion: How do we chart the way forward? Incorporating diversity and encouraging inclusion

Moderator: Ebun Akinsete, Athena Research Center, ICRE8 / UN SDSN GREECE

Parallel Sessions

Climate change adaptation: Cross sections and panels

June 28, 2023 – 09:00 AM – 10:45 AM (Europe/Nicosia) / 08:00 AM – 09:45 AM (Europe/Rome) – Room: Drakos 2

Session Chair: Johanna Nolgren

1. Smallholder farmers’ climate adaptation in Zambia: What are the drivers and hindrances? — PRESENTER: Obrian Ndhlovu, DISCUSSANT: Yonas Alem
2. The Impact of a Major Climatic Shock on Technology Use: Exploring the Mechanisms — PRESENTER: Yonas Alem, DISCUSSANT: Enrica De Cian 
3. The Impact of Air-conditioning on Residential Electricity Consumption across World Countries — PRESENTER: Enrica De Cian, DISCUSSANT: Johanna Nolgren
4. Who applies for abetement subsidies? — PRESENTER: Johanna Nolgren, DISCUSSANT: Obrian Ndhlovu

Climate Policy: Cross Sections and Panels

June 28, 2023 – 11:15 AM – 01:00 PM (Europe/Nicosia) / 10:15 AM – 12:00 PM (Europe / Rome) – Room: Drakos 201

Session Chair: Sarah Lohr

1. How Regulation Might Fail to Reduce Energy Consumption While Still Stimulating Total Factor Productivity Growth — PRESENTER: Suchita Srinivasan, DISCUSSANT: Peron A. Collins-Sowah
2. Does climate change intensify within-country income inequality? Evidence from a multi-country panel data — PRESENTER: Peron A. Collins-Sowah, DISCUSSANT: Francesco Colelli
3. Identification of the extensive vs intensive margins of temperatures on energy and income from observed changes in the climate — PRESENTER: Francesco Colelli, DISCUSSANT: Sarah Lohr
4. Who are the climate migrants and why do they go? Evidence from rural low- and middle-income countries — PRESENTER: Sarah Lohr, DISCUSSANT: Suchita Srinivasan

Biodiversity and land use – 1

June 28, 2023 – 02:30 PM – 04:15 PM (Europe/Nicosia) / 01:30 PM – 03:15 PM (Europe/Rome) – Room: Drakos 202

Session Chair: Mara-Magdalena Häusler

1. Assessment of the impact of agricultural support on crop diversity — PRESENTER: Matej Opatrny, DISCUSSANT: Lea Nicita 
2. An Integrated Assessment of the impact of agrobiodiversity on the economy of the Euro-Mediterranean Region — PRESENTER: Lea Nicita, DISCUSSANT: Endre Kildal Iversen
3. Spatial Dimensions in Stated Preference: The Role of Place Attachment — PRESENTER: Endre Kildal Iversen, DISCUSSANT: Mara-Magdalena Häusler
4. Sites Side by Side: Can an Agglomeration Bonus Payment with an Adjacency Rule Connect Agri-Environmental Sites? — PRESENTER: Mara-Magdalena Häusler, DISCUSSANT: Matej Opatrny

Carbon Leakage

June 29, 2023 – 04:45 PM – 06:30 PM (Europe/Nicosia) / 03:45 PM – 05:30 PM (Europe/Rome) – Room: Drakos 101

Session Chair: Francesco Bosello 

1. Border Carbon Adjustments and Leakage in the Presence of Public Pollution Abatement Activities — PRESENTER: Nikolaos Vlassis, DISCUSSANT: Michael Michael
2. Can Small Economies Act Strategically? The Case of Consumption Pollution and Non-tradable Goods — PRESENTER: Michael Michael, DISCUSSANT: Sabrina Eisenbarth
3. Carbon leakage resulting from afforestation in the UK — PRESENTER: Sabrina Eisenbarth, DISCUSSANT: Francesco Bosello
4. Clubs, Border Carbon Adjustments, and Heterogeneously Ambitious Emission Mitigation Goals — PRESENTER: Francesco Bosello, DISCUSSANT: Nikolaos Vlassis

Energy and climate: Experimental and behavioural aspects

June 30, 2023 – 11:15 AM – 01:00 PM (Europe/Nicosia) / 10:15 AM – 12:00 PM (Europe/Rome) – Room: Drakos 1

Session Chair: Martin Kesternich

1. Final Countdown? An Experimental Collective Risk Dilemma with Horizon Uncertainty — PRESENTER: Carmen Arguedas, DISCUSSANT: Ankinee Kirakozian
2. Nudging employees for greener mobility. A field experiment — PRESENTER: Ankinee Kirakozian, DISCUSSANT: Massimo Tavoni
3. How many nudges are enough? Multiple nudges, resources’ conservation and customer engagement — PRESENTER: Massimo Tavoni, DISCUSSANT: Martin Kesternich
4. Nudging the Poor: Increasing Energy Efficiency Investments of Low-Income Households — PRESENTER: Martin Kesternich, DISCUSSANT: Carmen Arguedas

International trade, environment, and distributional issues

June 30, 2023 – 02:30 PM – 04:15 PM (Europe/Nicosia) / 01:30 PM – 03:15 PM (Europe/Rome) – Room: Andreas Themistocleous Kerynia

Session Chair: Hamzeh Arabzadeh

1. International Trade, Green Voting and Attitudes: Evidence from the US and Western Europe — PRESENTER: Italo Colantone, DISCUSSANT: Marius Braun
2. The distributional effects of CO2 pricing at home and at the border on German income groups — PRESENTER: Marius Braun, DISCUSSANT: Elisa Bardazzi
3. On the Macroeconomic implications of Water availability Pathways under a Changing Climate: a CGE assessment — PRESENTER: Elisa Bardazzi, DISCUSSANT: Hamzeh Arabzadeh
4. Distribution of resource rents and deindustrialization: the role of luxury goods  — PRESENTER: Hamzeh Arabzadeh, DISCUSSANT: Italo Colantone