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CORDIS

Green Investments, Household Finances, and Local Economic Dynamics

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). GREENVEST’s 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.

Coordinator

UNIVERSIDAD DE NAVARRA
Net EU contribution
€ 181 152,96
Address
CAMPUS UNIVERSITARIO EDIFICIO CENTRAL
31080 Pamplona
Spain

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Region
Noreste Comunidad Foral de Navarra Navarra
Activity type
Higher or Secondary Education Establishments
Links
Total cost
No data