GREENVEST · Green Investments, Household Finances, and Local Economic Dynamics
Horizon Europe — Marie Skłodowska-Curie Actions
- Duration
- 2024-04-01 → 2026-03-31
- EU contribution
- €181,153
- Participants
- 1
- Scheme
- HORIZON-TMA-MSCA-PF-EF
Lines connect the coordinator with its partners.
Results in brief
Green Investments, Household Finances, and Local Economic Dynamics
GREENVEST addresses the intersection of three critical global challenges: climate change mitigation, biodiversity loss, and household financial vulnerability. The project investigates how markets price nature-related risks and how financial instruments can catalyze the green transition. Drawing on environmental economics, climate science, and finance, the research examines: (1) the impact of natural capital degradation on asset valuations and municipal finances; (2) the role of green banks in mobilizing investment for clean technology; (3) how venture capital allocates resources based on emission-reduction potential; and (4) nature-enhancing interventions that improve livelihoods and environmental outcomes in vulnerable communities. The project combines empirical analysis, experimental evidence, and case study development to generate actionable insights for policymakers, financial institutions, and business strategy. By demonstrating the economic value of natural capital preservation and the financial opportunities in green transitions, GREENVEST aims to strengthen the evidence base for sustainable finance policies and corporate environmental commitments across the EU.
Data: CORDIS, © European Union
Project objective
GREENVEST fuses the power of satellite data and cutting-edge econometric analysis to study patterns emerging in two under-studied, inter-connected phenomena at the crossroads of finance, environmental science, and economics: (1) green investments and local economies and (2) the contribution of market dynamics on biodiversity loss and pollution. Drawing on research from environmental economics, climate science, finance, and business strategy, I will explore and reveal to what extent households' financial welfare is impacted by public and private investments in green projects and how the investments, performance, and environmental impact of local firms and banks are affected by government green initiatives such as the EU Green Deal and the US Inflation Reduction Act (IRA). GREENVESTs new modeling approach will not only enable environmental economists to estimate the financial value of natural ecosystems, but highlight for the first time the financial value of nature conservation and the financial benefits of investments in nature-based solutions. With the world-renowned business school IESE as my host and channeling my project through its Institute of Sustainable Leadership, I will grow new skills in project management skills, R&I insight communication and satellite and biodiversity data analysis to become a leading voice in biodiversity and sustainable finance in both academia and as a European policy influencer about green investments in service to public, non-profit, and private institutions.
Original text from CORDIS.
Participants
- UNIVERSIDAD DE NAVARRA · PamplonaCoordinatorSpain
Links
- View on CORDIS
- DOI: 10.3030/101152801
- https://ec.europa.eu/research/participants/documents/downloadPublic?documentIds=080166e5124aa53e&appId=PPGMS
- https://ec.europa.eu/research/participants/documents/downloadPublic?documentIds=080166e528b5bb91&appId=PPGMS
Data: CORDIS, © European Union