This paper develops a stochastic dynamic programming model to investigate optimal cover crop adoption policies, accounting for cumulative effects on soil fertility, uncertain future fertilizer and output prices, irreversibility of sunk machinery costs and flexibility in the timing of adoption over time. Based on data from a 35-year cotton field experiment in West Tennessee (1984–2018), we first estimate

To cope with the lack of quantifiable knowledge about the occurrence of nature-related risks, scenario analysis has emerged as a way to investigate possible futures. We argue that expressing scenario narratives as causal models – leveraging causal Bayesian graphs – opens up new avenues for designing and using scenarios. As one use case of this approach, we show how dynamic Bayesian networks to assess

This article explores the impact of extreme weather on food availability and how yield gap reductions in developing countries could make them less vulnerable to the imported effects of extreme weather shocks. Our extreme weather scenario results show that simultaneous weather‐related shocks to crop yields in main exporting countries could lead to substantial increases in world food prices, threatening

This study examines the impact of climate change on food security in Bangladesh, focusing on rice production and its sensitivity to climatic variability. By linking precipitation and temperature to rice yields and incorporating these relationships into a trade regime‐switching partial equilibrium model, the research simulates future market conditions under alternative Shared Socioeconomic Pathways

The Circular Economy (CE) paradigm has gained traction in both academic discourse and industrial practice. While a transition towards a CE is generally associated with more sustainable futures, less is known about its socio-economic feasibility. This article provides a systematic literature review of contributions to macroeconomic modelling which evaluate environmental and socio-economic impacts of

Submissions fell back in 2024 to 334 original manuscripts, a similar figure to pre‐COVID levels. The drop in the number of submissions was associated with a modest increase in the acceptance rate from 8% to 11%. The Journal's acceptance rate remains higher for papers originating from Europe and North America. The Journal's Impact Factor remains similar to those of other leading field journals. The

Ecological economics emphasizes the interaction between economic systems, governance, environment and society. Doughnut economics has emerged within ecological economics, aiming to ensure a good life for all within planetary boundaries. Its framework can be operationalized at multiple scales and across diverse contexts and has been adopted in over forty cities and regions worldwide. In 2021, the Municipality

As climate change generates more damaging weather-related events more often, the question of who bears intensifying disaster risk becomes increasingly pertinent. Drawing on disaster sociology, the environmental justice literature and quantitative studies of disaster impacts in real-estate markets, this paper contributes to research efforts to explore distributional questions of climate risk. We examine

Establishing new bio-based sectors requires effective implementation of innovation and production supply chains, often competing with established synthetic technologies. Our analytical model conceptualizes the competition between an incumbent industry and a competitive fringe, each producing differentiated products. Although motivated by the β-carotene case, the model is versatile and applicable to

Transport infrastructures dedicated to low-carbon public transport are seen as a central tool in public policy strategies to mitigate climate change. Yet, the development of transport infrastructures has significant direct and indirect negative effects on biodiversity and social acceptability of these impacts remain little assessed. In this study, we analyse potential impacts of 20 tramway existing

This work focuses on the global economic efficiency of energy use, defined as the ratio at world scale of Gross Domestic Product to Final Energy Consumption, including food for humans and feed for draft animals. With a simple hypothesis of energy efficiency gains being proportional to economic activity, it evidences that for the last two centuries energy efficiency grew on average exponentially with

We present an updated, stock-flow consistent version of the ‘Dystopian Schumpeter meeting Keynes’ agent-based integrated assessment model. By embedding the model in a fully specified accounting system, all balance sheet items and financial flows can be explicitly and consistently tracked throughout a simulation. This allows for improved analysis of climate change and climate policy scenarios in terms

Nature and biodiversity are in an unprecedented decline. One of the main policy solutions for reversing this trend involves putting a monetary value on biodiversity impacts. However, one of the concerns about valuing changes in biodiversity using economic valuation methods revolves around the methodological assumption that the public accurately and adequately understands and perceives this inherently

As the realized experiences of wildfires threatening communities increase, the importance of proactive evacuation preparation and wildfire risk mitigation on private property to reduce the loss of lives and property is shaping wildfire policy and programs. To date, research has focused on pre-wildfire evacuation preparation and risk mitigation independently. This paper examines the substitutability

It is well established in the literature that fish products with the ecolabel of the Marine Stewardship Council (MSC) obtain price premiums in food retailing compared to non-labeled substitutes. However, premiums vary substantially between species, with the expensive Atlantic cod commanding much higher MSC premiums than low-value species like Alaska pollock, indicating that the most affluent consumers

Degrowth has gained attention in recent years as a paradigm for environmental activism and policy. While degrowth is often associated with prefigurative politics, there is emerging interest among degrowth proponents in contentious mass politics and engagement with other social movements. Debate has thus emerged over what kinds of social forces might be mobilised in pursuit of a degrowth transition

Understanding the role of energy in economic growth has been particularly successful when measuring it as useful exergy with, however, the major shortcoming of treating this (intermediate) flow as a primary factor of production. Here, we solve this issue by conceptualizing the economy with an extended energy macro sector (E-Sector) encompassing all primary-to-final-to-useful exergy conversions, supplying

The global transition to a carbon-neutral economy presents significant challenges, particularly in the deployment of renewable energy and storage technologies. A key aspect of this transition is the production and use of green hydrogen. This depends on the deployment of electrolysers and fuel cells, requiring critical raw materials in their manufacturing processes. In the European Union (EU), these

Crop diversification has gained interest due to its role in climate change adaptation. While previous studies have focused on farm productivity and income variability, this study examines the relationship between crop diversification and farm performance, considering farm size, socio-economic status and location. Using French Farm Accountancy Data Network data from 2010 to 2022, we analyse 19,822 observations

Adequate warmth, cooling, lighting, and electrical device use are indispensable in upholding suitable living standards, health, and social inclusion. The energy crisis that followed the COVID-19 pandemic and exacerbated by rising energy prices due to the Russian-Ukrainian war has pushed energy poverty to the forefront of the EU political agenda. Although it is largely contingent upon the availability

We estimate public benefits associated with conserving wild Spring Chinook salmon and Winter Steelhead in Oregon’s Willamette Basin, both listed as Threatened under the Endangered Species Act. Using a choice experiment survey, we examine Oregonians’ willingness-to-pay (WTP) through higher taxes to support different recovered fish populations at various recovery timelines. Results indicate substantial

The biodiversity components of ESG ratings are analysed to understand whether this disclosure mechanism can affect investment decisions, improve outcomes for biodiversity or lead to better management of nature-based risks. We analyse the relationship between stock returns and firms' biodiversity ratings and how biodiversity ratings are related to firm characteristics. We conclude that biodiversity

Integrated conservation and development efforts in low- and middle-income countries have emphasized the devolution of forest management to local communities. This approach is posited to benefit both communities and conservation, but those benefits may depend on community capacity to capture value added, e.g., by processing forest products. In Mexico, most forests are under community management, but

Against the backdrop of environmental pollution, resource depletion and imbalance between supply and demand, the scrap copper trade market has become increasingly active. This paper adopts the complex network analysis method to not only explore the pattern evolution of the global scrap copper trade, but also innovatively use the temporal exponential random graph model to analyze the dynamic formation

The agglomeration bonus has been proposed as an effective and cost-effective instrument for inducing the spatial aggregation of conservation measures. It consists of a spatially homogenous base payment (like most existing payment schemes) plus a bonus for each adjacent land parcel that is conserved, too. While the agglomeration bonus has been investigated in numerous theoretical studies, very few applied

The bioenergy industry is a core component of the EU approach to reduce its dependency on non-renewable resources while attempting to support biomass producers and farmers in rural areas. However, bioenergy activities also pose governance challenges associated with intensified inter-organizational collaborations and network relations between farmers, bio-industries and other supply chain actors. Often

As strategies to increase forest cover become more widespread as part of countries' environmental commitments, assessing the trade-offs between economic and environmental aspects of forestry activities is an increasingly pressing issue. This article addresses this question by assessing the cost-effectiveness of increasing forest cover under different land use management strategies that differ in their

Since 2002, the Community Connect Grants (CCG) Program has provided financial assistance to provide broadband service in rural, economically challenged communities where service does not exist. We employ the event study model to show that a zip code receiving the grant experiences a 9.3 per cent increase in crop productivity after three years. This positive effect is predominantly driven by low-income

Governments provide more than USD 800 billion annually in environmentally harmful subsidies at the global level despite international commitments. This paper introduces a novel and replicable framework for identifying biodiversity-harmful subsidies within national budgets. Our multidimensional approach is based on the five drivers of biodiversity loss: land use change, resource exploitation, climate

Environmental values are commonly explained through three theories: post-materialism suggests affluence enables environmental concern, materialism argues environmental harm drives concern, while disconnection theory posits economic growth creates both concern and degradation. We test these frameworks at two levels. First, using aggregate U.S. time-series data (1990–2021), and Vector Autoregression

Intensive agriculture and increasingly homogeneous agricultural landscapes are major drivers of biodiversity loss. The implementation of landscape features (e.g. hedges, trees, and field margins) as part of ecological focus areas on farms is a promising approach. This study aims to fill the gaps in understanding the influence of factors related to farmers' willingness and ability on their implementation

The catastrophic consequences of natural disasters on social and economic systems are extensively documented, yet their influence on individuals' sense of control over their life outcomes remains unexplored. This study pioneers an investigation into the causal effects of natural disaster-related home damage on the locus of control. Utilizing Australian longitudinal data, we implement an individual

Circular bioeconomy employs advanced life science technologies to utilize renewable natural resources to produce goods and is a key part of the sustainable development strategy. Most circular-bioeconomy supply chains, however, are still in their infancy. We propose a conceptual model that characterizes the farm decision to adopt the circular use of agricultural residues such as animal waste and corn

During heatwaves in cities, urban heat islands (UHI) can occur that unequally affect different neighborhoods due to variations in their structures, the quality of their buildings, vegetation, and human activity. Some populations are particularly vulnerable, such as older adults, young children, and low-income households, all of whom have fewer options when exposed to an UHI. For the first time, in

Europe's ambitious climate goals highlight the importance of combining energy policies with technological decarbonization; however, these efforts alone may not achieve the necessary emissions reductions. Existing models for low-carbon transitions often focus on technological interventions, without fully integrating the decarbonization potential of behavioural shifts towards sufficient consumption.

Flower strips can provide many economic benefits in commercial orchards, including reducing crop damage by a problematic pest, rosy apple aphid (Dysaphis plantaginea [Passerini]). To explore the financial costs and benefits of this effect, we developed a bio‐economic model to compare the establishment and opportunity costs of perennial wildflower strips with benefits derived from increased yields due

Since 2017, industrial policies in the United Kingdom have prioritized revitalizing industrial clusters through subsidies for low-carbon technologies and infrastructure. This study introduces the Industrial Decarbonization Paradigm (IDP) to examine dominant technological designs, policy-driven technological channeling, industrial regimes, and the persistence of path dependence across three major industrial

We examine the impact of the 2014 Russian annexation of Crimea on global agricultural trade flows. Using a structural gravity model with a Poisson Pseudo Maximum Likelihood (PPML) estimator and intra-country sales, we differentiate the effects of the war from those of the sanctions on trade. We estimate conditional General Equilibrium PPML counterfactual scenarios and apply a “conventional two-step

Nature-related risks can lead to financial losses. The connection between ecosystems and socioeconomic systems is complex and multifaceted. Ecosystem services are the ecological processes that serve human needs. The degree to which a specific ecological process fails to meet specific human needs could be a useful metric able to ground the cascade of risks to which companies, governments, financial

The voluntary carbon market is presented as a solution to fund land and ecosystem restoration in developing economies. While the empirical literature has focused on assessing its ecological effectiveness, limited attention has been given to how this market interacts with other funding streams within national contexts. Delineating the types of projects that the voluntary carbon market can effectively

Faced with increasing recommendations for a more plant-based diet, the catering sector is particularly affected. This study investigates how future chefs' representations and identities (professional or otherwise) influence their intentions to offer less meat-based and more plant-based menus, either by reducing meat in dishes or replacing meat-based dishes with vegetarian options. Theories of representations

When farmers adopt conservation tillage, they are making a management change that is expected to improve manageable characteristics of soil health. The current literature on the value of soil health, however, primarily focuses on the value of inherent soil characteristics. In this paper we close the gap in the literature by estimating the value of improvements in soil health. Using a sample of farmers

This note analyses Simon N. Patten's criticism of John B. Clark's marginal productivity theory of distribution for its neglect (among other things) of the role of environmental factors in determining economic value in markets. Whereas Clark's theory centered on the distribution between labor and capital income, with land earnings understood as a sub-part of interest, Patten intended to retain the classics'

Our study employs a stochastic frontier model that explains short- and long-run production risk and efficiency with respect to heat stress conditions and other farm specific characteristics. We use an unbalanced dataset of specialist Swiss dairy farmers between 2003 and 2014. We find that farms are not able to reduce production risk towards heat stress in the short run. We also find that farm-specific

The direct material consumption of technological systems is connected to three challenges: the overall metabolism of the technological system; the growing material complexity of technologies; their reliance on critical or geologically scarce materials. These challenges are often examined in isolation, overlooking their interrelated nature. We propose a systematic, multi-level perspective, leveraging

This paper empirically tests the impact of pro-environmental identity on environmental behavior by priming study participants with their previously stated attitude towards the environmentalist movement Fridays for Future. On the basis of a large-scale survey experiment including the incentivized choice between a voucher for a flight or a train ride, we find evidence that respondents who receive such

This study examines the dynamics of the integration of and risk transmission between India’s crude oil price index and nine agricultural commodity spot prices. The study uses daily price volatility data from June 2015 to December 2023 and a time-varying parameter vector autoregressive framework to investigate short-term and long-term connectedness dynamics. The results show a strong relationship between

While it may be attractive to pursue win-win outcomes or positive synergies between environmental quality and human welfare, it does not necessarily mean that these goals are mutually reinforcing. With improved material standards, a large number of middle-class individuals with higher consumption demand and purchasing power are challenging ecological sustainability through frequent and high-intensity

Since energy consumption in residential buildings produces 26 % of CO2 emissions worldwide, there is an urgent need to improve the energy efficiency of older buildings. This is expensive, and a component often poorly estimated is opportunity costs: the losses a building owner incurs by investing in an energy-efficiency upgrade rather than in a more profitable project. Some recent studies assume opportunity

In the context of economic policy advice, the common understanding of sustainability focuses on the preservation of natural capital. In the Anthropocene, which is characterised by anthropogenically induced, abrupt and/or long-term, often irreducible ecosystem dynamics and a co-evolution of technology and environment, this understanding reaches its limits. We therefore propose three modifications: shifting

The burden of petrochemical pollution on communities of Color is well established, but the corresponding distribution of economic benefits is unclear. We evaluated employment equity in chemical manufacturing (NAICS 325) and petroleum/coal products manufacturing (NAICS 324) among U.S. states and core-based statistical areas (CBSAs) relative to racial education gaps, using data from the Equal Employment

One of the most urgent and challenging open questions for degrowth scholarship and practice concerns how to pursue a degrowth social-ecological transformation within the existing structures in the real world. However, the marked emphasis on democratic planning for non-reformist reforms in a degrowth strategy (i) underestimates the lack of favourable conditions for democratic planning (i.e., political

The growing frequency and severity of extreme weather events has spawned a rapid increase in policies and programs designed to enhance the resilience of small-scale producers through the promotion of climate-adaptive agricultural practices. However, gaps exist in the conceptualization and measurement of farm-households' resilience in face of climatic stress. Furthermore, comparative evidence to understand

We investigate the socio-economic effects of further activating the circular value chain for clothing on the labour market in the Netherlands. We develop a value chain model to evaluate the direct gross effects of changes in production, consumption, and end-of-life activities and map the value chain, limited to the part of the clothing value chain that takes place within the geographical borders of

The purpose of this study was to identify cost-efficient combinations of control measures (harvest of established invaders) and prevention measures (ballast water treatment and antifouling to prevent invaders) to achieve targets for the maximum population sizes of two invasive crabs, the Asian shore crab (Hemigrapsus sanguineus) and brush-clawed shore crab (Hemigrapsus takanoi), in interconnected water

The aim of this study was to explore how the choice of a functional unit (FU) influences the environmental and economic rankings of food categories. For each adult in the latest French national dietary survey (n = 2121), we built a dataset providing the energy and nutritional content, environmental impacts (14 metrics) and monetary cost of 20 food categories as consumed. The cost and environmental

Unravelling theory postulates that consumers assume products without quality information are of the lowest quality. In a discrete choice experiment (DCE) with 1987 respondents from the UK, we find evidence against this assumption. Affirmative disclosure, which indicates only quality above the lowest level, lowers marginal utilities compared to complete disclosure. The development in food choice DCE

When uncertainty prevails, conservation decision makers allocate funds, inputs and resources between future states of nature to hedge their bets. Decision makers explicitly or implicitly substitute biodiversity in one future state of nature for biodiversity in another. However, the decision making frameworks common in conservation biology do not model, explain or justify such behavior. Frameworks such