May 2025
In this month's newsletter
Coming May 15: JEEP's Next Issue
Preview of six policy-relevant environmental economics papers
Research, News & UpdatesÂ
What caught our eye this month
The Value of Urban Green Spaces
Webinar, May 28, with Layla ShivaÂ
Coming May 15: JEEP's Next Issue
Preview of six policy-relevant environmental economics papers
The next issue of our journal, the Journal of Environmental Economics and Policy (JEEP), will be released on the 15th of May 2025. This issue includes six highly policy-relevant environmental economics papers, covering beach management and recreation, fisheries and gear preferences, household choices and energy labels, plastic waste, agricultural adaptation choices and drinking water quality management. Here, we highlight the following two papers:
Moure & Jacobsen (2025)Â High bar for change: Uncertainty source preferences in the choice of adapting agricultural practices
An analysis on adaptation choices in Mexico, integrating uncertainty about potential benefits and the sources of this uncertainty into their discrete choice experiment. The results show that people’s willingness to adapt depends on the complementarity of adaptation options to current practices and cater to risk and uncertainty preferences.
Civel and Cruz (2025) How do people read houses energy labels?
This research demonstrates that French households regularly fail to engage with energy labels. Technical metrics may prove to be more reliable and provide more practical and relatable, therefore more effective, information to consumers to adjust their energy consumption.
You can access JEEP if you are full UKNEE member (included with Standard or Early Bird tickets to envecon 2025). Existing members will have received an email from Taylor & Francis with your login details - if you haven't yet seen this email , check your junk inbox get in touch at uknee@uknee.org.uk.
If you're not a member, you can purchase a full membership to UKNEE here.
Research, News & Updates This Month
Research, News & Nature Investors Survey
Below is a summary of research, news, and other updates that caught our eye this month:
Research
Working paper - Survey results on consensus in the environmental economics field: Link
How do bank loans affect carbon emissions? A comparison of household and business loans:Â Link
ESG ratings, executive pay-for-performance sensitivity and within-firm pay gap:Â Link
The Economic Value of Biodiversity Preservation: Link
Global Warming
Global warming reaches 1.58°C over past 12 months: Link
2/3rds global warming since 1990 caused by wealthiest 10%: Link
'Why the green technology race might not save the planet' from envecon 2025 speaker Edward Barbier: Link
UK
PM affirms acceleration of net zero commitments: Link
Removal of EV tax exemptions could hurt EV sales: Link
Hornsea 4 windfarm plans scrapped: Link
Gov considering every new car park to include solar panels: Link
Gov funding geoengineering experiments: Link
China
Air pollution cuts in China caused surge in warming:Â Link
China commits to tougher climate targets: Link
Nature Investors Survey
Responsible Investor are running a survey for nature investors: Link
The Value of Urban Green Spaces: Evidence from the Housing Market
Next Webinar, May 28, with Layla Shiva
Wednesday, May 28
12:15 - 13:15 BST
This study explores the economic value of urban parks, by analysing their impact on housing prices in Tehran, Iran. Using Geographic Information System (GIS) to spatialize housing units, and measure the distance of nearest park to residential properties, we examine how park characteristics, such as size and the socioeconomic status of homeowners in affluent versus less affluent regions, influence their willingness to pay for proximity to parks. To address potential endogeneity issues, we employ a staggered difference-in-differences approach, treating houses near parks as the treated group and those farther away as the control group. Our findings indicate that park proximity leads to a 1.4% to 2.3% increase in property values in affluent neighbourhoods, while houses in less affluent areas experience a decrease of 2.2% to 4.3%. This disparity highlights important policy implications for land development and the need for more inclusive planning strategies.