NEW REPORT: The New Economics of Innovation and Transition: Evaluating Opportunities and Risks
Join top researchers as they unveil new international case studies based on cutting-edge economic methods. Experts will explore the role of green hydrogen in decarbonising India’s industry and power systems, and the distributional impacts of China’s coal transition. Stakeholders are invited to reflect on how the synergies between energy, industrial, regional development, as well as just transition strategies can help bridge the gap between global goals and local realities. Thursday 21st September 2023, 10:00 – 11:00 ET / 15:00 – 16:00 BST
The transition towards a net-zero future will have uneven socio-economic impacts, including job displacement in the fossil-fuel industry, and geographic disparities for regions that are heavily dependent on fossil-fuel extraction. Join our enlightening event to hear the latest insights on transformative economic policies that can effectively diversify economies and enable communities to capture the opportunities of the transition. The event will draw insights from EEIST (Economics of Energy Innovation and System Transition) project’s cutting-edge case studies on China’s coal transition and India’s shift to green hydrogen and ammonia, presented by the world-leading researchers.
Tim Lenton, Founder of the Global Systems Institute and Chair in Climate Change and Earth System Science at the University of Exeter, will introduce the event.
Zac Cesaro, PhD researcher at the University of Oxford, will provide invaluable perspectives on the role of green hydrogen and ammonia in a low cost, resilient power system in India.
Alex Clark, PhD researcher at the University of Oxford, will delve into the socio-economic impacts of China’s transition from coal, steering toward carbon-neutrality by 2060.
Matthew Ives, Associate of the Institute for New Economic Thinking, will explore a new perspective on decarbonising the global energy system.
The event will also feature insights from esteemed stakeholders (including Dr. Guncha Munjal, Program Manager-Hydrogen at WRI India, and Conor Gask, IEA) reflecting on the policy options presented by project researchers. The panel discussion will be moderated by Anupama Sen, Head of Policy Engagement for the Smith School of Enterprise and the Environment, University of Oxford . This event will showcase how just transitions can serve as a bridge between global goals and regional realities. Through policy recommendations, we aim to enhance energy efficiency, promote regional development, and fortify system resilience.
The Economics of Energy Innovation and System Transition (EEIST) project develops cutting-edge analysis to support government decision making around low-carbon innovation and technological change. By engaging with policymakers and stakeholders in Brazil, China, India, the UK and the EU, the project aims to contribute to the economic development of emerging nations and support sustainable development globally. Led by the University of Exeter, EEIST brings together an international team of world-leading research institutions across Brazil, China, India, the UK and the EU. The consortium of institutions are UK: University of Exeter, University of Oxford, University of Cambridge, University College London, Anglia Ruskin University, Cambridge Econometrics, Climate Strategies, India: The Energy and Resources Institute, World Resources Institute, China: Beijing Normal University, Tsinghua University, Energy Research Institute, Brazil: Federal University of Rio de Janeiro, University of Brasilia, Universidade Estadual de Campinas (UNICAMP) EU: Scuola Superiore di Studi Universitari e di Perfezionamento Sant’Anna. For full institutional affiliations see eeist.co.uk.
EEIST is jointly funded through UK Aid by the UK Government Department for Energy Security & Net Zero, and the Children’s Investment Fund Foundation (CIFF). The contents of this event represent the views of the EEIST team, and should not be taken to represent the views of the UK government, CIFF or the organisations to which the authors are affiliated, or of any of the sponsoring organisations.