Economics view of tipping points
Join AIMES, Earth Commission, Future Earth and WCRP for the webinar series that aims to advance the knowledge about tipping elements, irreversibility, and abrupt changes in the Earth system. We discussed how to incorporate tipping points into cost-benefit analysis and economic projections.
- Anne-Sophie Crépin (Beijer Institute at the Royal Swedish Academy of Sciences): The economics of tipping points, some recent modelling and experimental advances
- Simon Dietz (London School of Economics): Economic impacts of tipping points in the climate system
- Q&A/ Discussion
Moderated by Thomas Lontzek (RWTH Aachen University)
Anne-Sophie Crépin, Beijer Institute at the Royal Swedish Academy of Sciences
Anne-Sophie Crépin is a principal researcher at the Stockholm Resilience Center. Her research focuses on the interplay between economic incentives, ecosystem regime shifts, policy and human behaviour. Crépin is member of the Strategic Advisory Committee at the Stockholm Resilience Centre, representing the Beijer Institute of Ecological Economics. She also supervises students and teaches within the module Challenges of Environmental Decision-making within the SRC’s Master’s programme, Social-Ecological Resilience for Sustainable Development. Her research links scientific theories about the Anthropocene, regime shifts and economic dynamics and aims to answer mainly two broad questions:
1. In what way does the interplay between ecosystems and socioeconomic dynamics influence the risk of abrupt changes which could lower human well-being?
2. How can society deal with this risk in a way that sustains long term human well-being?
A substantial part of her work is based on small theoretical dynamic models that combine relevant economic factors with complex ecosystem dynamics. Recent publications also include more empirical studies and behavioural experiments.
Simon Dietz, London School of Economics
Simon Dietz is an environmental economist with particular interests in climate change and sustainability. He has published research on a wide range of issues and works with governments, businesses and NGOs on topics of shared interest, such as carbon pricing, institutional investment, and insurance. Simon is based at the London School of Economics and Political Science (LSE), where he is Professor of Environmental Policy in the Grantham Research Institute on Climate Change and the Environment, and the Department of Geography and Environment. He is also Research Director of the Transition Pathway Initiative Global Climate Transition Centre, co-editor of the Journal of the Association of Environmental and Resource Economists, a member of the Council of the European Association of Environmental and Resource Economists, a CESifo Research Network Fellow, a Food System Economics Commissioner, and a Fellow of the Royal Society of Arts.