Latin America Economics Update Drought to push Argentina’s economy into deep recession The historic drought afflicting Argentina will cause a steeper contraction in GDP than most expect this year and intensify balance of payments strains by reducing export earnings to the tune of 2-3%... 5th April 2023 · 3 mins read
Climate Economics Update Voltaire would despair of the UK’s climate strategy The “ Powering up Britain” plan presented by the UK government this week highlights the benefits and limitations of official involvement in reducing emissions. On the one hand, the plans to reduce the... 31st March 2023 · 4 mins read
Climate Economics Monthly IPCC in brief; a nuanced look at renewable rollouts On the face of it, the chunky 9.6% increase in global renewable electricity generating capacity in 2022 is an encouraging sign of things going in the right direction. But some nuance is in order... 31st March 2023 · 6 mins read
Middle East & North Africa Economics Weekly Water strains, Saudi-China relations, CBE meeting Tunisia and Morocco are in the midst of severe droughts that could weigh on activity in the key agricultural and tourism sectors, and could possibly stoke social unrest. Elsewhere, Saudi Arabia... 30th March 2023 · 6 mins read
Energy Update Clean tech race to hit EU coal and gas demand The EU’s Net-Zero Industry Act announced last week aims to keep the manufacture of clean technologies within the EU and shows that global fracturing will take place within blocs as well as between... 24th March 2023 · 4 mins read
Climate Economics Update Perma-summer time would do little to cut energy use With the clocks set to go forward in the UK and EU this weekend, it’s worth noting that the practice of “preserving” daylight has its roots in saving energy: the policy was first implemented by... 24th March 2023 · 5 mins read
Climate Economics Update In other news from Switzerland … In ordinary times, today’s launch of the Intergovernmental Panel on Climate Change’s (IPCC) sixth synthesis report in Interlaken would have been the most high-profile news event to emerge from... 20th March 2023 · 3 mins read
Climate Economics Outlook A re-drawing of the emissions map The lack of a global carbon pricing mechanism means that efforts to reduce greenhouse gas emissions will remain inherently sub-optimal. Nonetheless, we expect technological improvements and the... 6th March 2023 · 15 mins read
Climate Economics Monthly Peak methane on the horizon; IPCC in synthesis mode The release of the 2023 version of the Global Methane Tracker by the International Energy Agency (IEA) last week once again highlighted how carbon dioxide (CO2) emissions are far from the only... 28th February 2023 · 6 mins read
Event Climate Drop-In: Economics and the drive to meet 2050 climate goals 7th March 2023, 3:00PM GMT How much progress will be made on meeting global climate goals by 2050? How will long-term economic change help or hinder the drive to hold down temperatures? What role will geopolitics play in the...
UK Housing Market Update Decarbonising UK residential – the biggest challenge? Energy Performance Certificates (EPCs) are the main benchmark for environmental standards in UK housing. There is evidence that they are improving efficiency in new-builds and new regulations will... 27th February 2023 · 5 mins read
Middle East & North Africa Economics Weekly Morocco’s drought, Egypt’s dollar sukuk The effects of another severe drought in Morocco have weighed on growth, pushed up inflation and fuelled pockets of unrest. Supermarkets in Europe have felt the impact too, with many reporting... 23rd February 2023 · 6 mins read
Commodities Focus Population trends to lower wheat demand from 2040s We expect the wheat price to remain high this year as events in Ukraine and drought in other key producers hurt supply. Although the wheat price should drop back after this, the worsening impacts of... 22nd February 2023 · 14 mins read
Climate Economics Update Upward pressure on renewables costs to be transitory A combination of higher interest rates and rising raw material prices have interrupted the long-term declines in the costs of renewables and battery power, and could push costs up further in the near... 16th February 2023 · 3 mins read
Climate Economics Focus The curious case of China’s climate credentials There is a touch of the Dr Jekyll and Mr Hyde about China’s climate credentials, with its well-documented record of burgeoning emissions and reliance on coal standing in stark contrast to its... 31st January 2023 · 16 mins read
Climate Economics Monthly Central banks contemplate climate mission creep Climate change was front and centre of the discussions earlier this month when a host of heavy-hitters from the world of central banking descended on Stockholm for an International Symposium on... 26th January 2023 · 7 mins read
