WASHINGTON—Resources for the Future (RFF) long has considered the benefits of establishing an international presence in Europe for facilitating research collaboration and expanding impact. This week RFF—the DC-based energy and environmental economics think tank—announced plans for such a partnership during the 6th World Congress of Environmental and Resource Economists taking place at the University of Gothenburg in Sweden.
The partnership will be a joint venture with the Euro-Mediterranean Center on Climate Change (CMCC). Professor Carlo Carraro, President Emeritus of the University Ca’ Foscari of Venice and President of the European Association of Environmental and Resource Economists, will serve as Chair of the new Institute. It is expected to have a total of about 30 individual full-time and part-time staff at the outset, split roughly equally across two offices, one in Milan and the other in Venice.
Said RFF President Richard Newell: “The new Institute is committed to being a central focal point for research and policy solutions within Europe. It will connect that work internationally through numerous joint research projects, events, and convenings. We at RFF are enthused about the potential of this collaboration and the important research we believe it will produce.”
Said Prof. Carlo Carraro: “The European Institute on Economics and the Environment will contribute to the development of advanced and integrated modeling tools to analyze environmental and climate related issues, to contribute to the IPCC reports, to support policy decisions in Europe and elsewhere. The research work and policy analyses of the Institute will also be useful to the business sector to design appropriate risk management strategies and farsighted investment decisions.”
The current and future work of the Institute will bear directly on climate change, but according to the founding parties, the intent is to broaden the areas of research to include a full range of environmental, energy, and natural resource issues. Expansion into these areas will be facilitated by collaborative work with RFF in the US, where these areas have been a focal point for decades.
In America, the RFF logo and name will remain the same: Resources for the Future.