Environmental Economics

Can economics combat climate change? Do we need a carbon tax? How can we provide the right incentives for businesses to reduce pollution and introduce greener products?

Left alone, a free market economy won’t preserve the environment and conserve resources. Businesses can pollute, people can make bad environmental decisions. That’s why economists address how government intervention can help secure a clean and healthy environment. Can environmental economics help in the fight against climate change? How can we provide the right incentives for a transition to energy efficiency? Nobel Laureates discuss the challenges of climate change, renewable energy and the way to economic sustainability.

We’re committed to a sustainable future

Driving change in the world needs leadership. As one of the world's largest wealth managers, we have a responsibility to take a leading role in shaping a positive future.

Recommended reading

Has this question inspired you?

Get the latest Nobel Perspectives updates delivered to you.