"The Economics of Biodiversity” was published by the UK Treasury in 2021. It sets out how economic systems value biodiversity and natural capital, and which policies would preserve and restore nature.
The project leader was Professor Sir Partha Dasgupta of the University of Cambridge. In the latest of our special episodes recorded at the first Hoffmann Centre / CEPR / ReCIPE Conference continue, he tells Tim Phillips what he learned from hanging out with ecologists, why we need indicators of economic performance that value nature, and why we should worry about the decline of natural capital.
The Economics of Biodiversity: The Dasgupta Review https://www.gov.uk/government/publications/final-report-the-economics-of-biodiversity-the-dasgupta-review
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S8 Ep55: Overcoming climate agenda fatigue
Can COP 30 get the green transition back on track? It’s not a great time for international cooperation right now and, with hindsight, was the period from 2017 to 2022 a “golden moment” the climate transition, and was it an opportunity missed?
That’s the argument presented by Livio Stracca, Deputy Director General Financial Stability at the European Central Bank, also the chair of NGFS work on climate scenarios. He talks to Tim Phillips about what we can learn from this golden moment, and what can be done this time around to avoid the dangers of what Livio calls “climate agenda fatigue” among both the public and governments.
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S8 Ep54: Coalitions of the willing
In the first of our special episodes from the first Hoffmann Centre / CEPR / ReCIPE Conference, we’re discussing what chances there are of significant multilateral agreements being signed at COP 30 and, given that the chances are low, what plan B might be.
Beatrice Weder di Mauro of CEPR, Hoffmann Centre and the Geneva Graduate Institute tells Tim Phillips that, if everyone can’t agree, then coalitions of the willing – climate or finance clubs that offer incentives for the countries that want to join – can agree their own sustainability policies. But what are those incentives? And who will lead?
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S8 Ep53: The visual politics of Brexit
A decade ago, the UK voted in a referendum to leave the European Union. It was the culmination of years of partisan arguments over membership. During that time, most newspapers in the UK took strong “leave” or “remain” positions in the stories they wrote. But were they less obviously partisan in their choice of pictures too? Wanyu Chung of University of Birmingham and CEPR was one of a team of researchers that used artificial intelligence to estimate the emotional impact of news images of politicians before and after the Brexit vote.
Photo: European Union 2016 - European Parliament
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S8 Ep52: A hundred lessons from history
The International Macroeconomic History Online Seminar Series, hosted by CEPR, is turning 100 this month — not years, but episodes. What began as a lockdown experiment has become a global fixture for anyone who believes economics never forgets. In a special edition of VoxTalks Economics, Tim Phillips talks with organisers Nathan Sussman and Rui Esteves of the Geneva Graduate Institute about the moments that shaped the series and what a hundred lessons from history can teach us today. Why does history matter so much to economists? And how can the series help us understand current events?
Nathan’s selection
The great demographic reversal https://cepr.org/multimedia/imhos-13-great-demographic-reversal-ageing-societies-waning-inequality-and-inflation
Monetary and fiscal history of the US https://cepr.org/multimedia/imhos-81-monetary-and-fiscal-history-united-states-1961-2021
The journey of humanity https://cepr.org/multimedia/imhos-37-journey-humanity
Rui’s selection
The Smoot-Hawley trade war https://cepr.org/multimedia/imhos-26-smoot-hawley-trade-war
Financial sanctions https://cepr.org/multimedia/imhos-59-financial-sanctions-arsenal-democracy-or-feeble-weapon
Industrial policy https://cepr.org/multimedia/imhos-93-panel-industrial-policy-history
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