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Research to manage the Environment for Development

Recent publications


Global warming: Improve economic models of climate change

On 31 March, the Intergovernmental Panel on Climate Change (IPCC) released its latest report on the impacts of climate change on humans and ecosystems (see These are real risks that need to be accounted for in planning for adaptation and mitigation. Pricing the risks with integrated models of physics and economics lets their costs be compared to those of limiting climate change or investing in greater resilience.


Oil Price Drivers and Movements: The Challenge for Future Research

This review represents a broad survey of economic research and literature related to the structure and functioning of the world oil market. The theories and models of oil demand and supply reviewed here, although imperfect in many respects, offer a clear and well-defined perspective on the forces that are shaping the markets for crude oil and refined products. Much work remains to be done if we are to achieve a more complete understanding of these forces and the trends that lie ahead.