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Climate policy requires rigorous analysis of electricity markets and of transformations of entire economies. ISR engages in research on financing low carbon economies with a specific angle on behavioural economics.
What we do
As well as conducting research on financing low carbon economies with a specific angle on behavioural economics, ISR is also involved in research comparing the results of the Paris Agreement and assessments of national commitments. This will result in improved evidence on how actors engage and how the climate policy ought to be improved over the next years.
Our work
In 2019 ISR completed modelling for the Horizon 2020 COP21-RIPPLES project, exploring the financing implications of low carbon transition. The TIAM model was used to compute energy scenarios which then fed into our General Equilibrium model. Researchers also used a DSGE model of finance which esimated potential rates, and how different international financial architectures could affect the costs of developing countries.
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Michael Grubb
Professor of Energy and Climate Change
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