More efficient policy instruments can save the climate

Published 25 April 2023

Climate change can be stopped - with the right policy instruments. But to be effective, these policies must be accepted by both citizens and businesses. In a new research project, Thomas Sterner, Professor of Environmental Economics at the School of Business, Economics and Law in Gothenburg and a member of BECC, will get a better knowledge of how these policies should be designed.

Policy instruments are tools that decision-makers can use to influence society in a certain direction, for example to become more sustainable. This includes information and education, but also taxes, laws and emissions trading. Governance that not always sits well with all industries or interest groups, or for that matter with the citizens.

Thomas Sterner, Professor of Environmental Economics at the Department of Economics at the University of Gothenburg, has focused his research on the design of environmental policy instruments and is a member of the City of Gothenburg's Climate Council. With a grant of SEK 15 million from the Kamprad Family Foundation, he has now secured funding for five years for the research project 'Policies for a Sustainable Society'.

Continue reading the article at the University of Gothenburg website