Climate change has dominated policy debates in recent times, particularly in relation to energy markets. Understanding and responding intelligently to its complex challenges is a primary concern for Governments, regulators, market participants and investors.
Our climate change work
For nearly 15 years, we have been at the forefront of applying principles of economics to climate change issues, particularly in the energy sector, offering insightful analysis and sophisticated modelling capability to inform policy development and to understand likely market responses.
Our teams have specialist knowledge across the gamut of climate change issues. We define clear economic frameworks to make complex problems tractable. We then delve into those problems; generate the evidence and analysis needed for making decisions; and provide effective solutions.
We use analytical techniques to meet our clients’ needs. These include cost-benefit analysis (both appraisal before implementation and evaluation after), decision-making under uncertainty (such as real options analysis or robust decision-making), econometric modeling, multi-criteria analysis, game theory, case study analysis and contingent valuation.
We advise clients on policy design, implementation and impact assessment. In addition, we provide market advisory services for market participants and investors.