Project description
Understanding the crossroads of environmental science and economics
The impacts of climate change are becoming progressively more severe for communities and businesses globally, underscoring the urgency for enhanced action, innovation, and incentives to safeguard the environment. With the support of the Marie Skłodowska-Curie Actions programme, the GREENVEST project seeks to address this challenge by integrating cutting-edge econometric analysis with satellite data to examine the intricate relationships between environmental science and economics. Specifically, the project aims to evaluate market dynamics contributing to pollution and biodiversity loss, as well as the impacts of green investments on banks, local firms, and households. Ultimately, the findings will demonstrate the financial benefits of preservation, conservation, and green initiatives, providing valuable insights for policymakers.
Objective
GREENVEST fuses the power of satellite data and cutting-edge econometric analysis to study patterns emerging in two under-studied, inter-connected phenomena at the crossroads of finance, environmental science, and economics: (1) green investments and local economies and (2) the contribution of market dynamics on biodiversity loss and pollution. Drawing on research from environmental economics, climate science, finance, and business strategy, I will explore and reveal to what extent households' financial welfare is impacted by public and private investments in green projects and how the investments, performance, and environmental impact of local firms and banks are affected by government green initiatives such as the EU Green Deal and the US Inflation Reduction Act (IRA). GREENVESTs new modeling approach will not only enable environmental economists to estimate the financial value of natural ecosystems, but highlight for the first time the financial value of nature conservation and the financial benefits of investments in nature-based solutions. With the world-renowned business school IESE as my host and channeling my project through its Institute of Sustainable Leadership, I will grow new skills in project management skills, R&I insight communication and satellite and biodiversity data analysis to become a leading voice in biodiversity and sustainable finance in both academia and as a European policy influencer about green investments in service to public, non-profit, and private institutions.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology mechanical engineering vehicle engineering aerospace engineering satellite technology
- natural sciences earth and related environmental sciences environmental sciences pollution
- natural sciences biological sciences ecology ecosystems
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2023-PF-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
31080 PAMPLONA
Spain
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.