TRANSrisk is a research project financed by EU Horizon 2020 program. As part of TRANSrisk IBS is collaborating with several acclaimed european research institutes, including University of Sussex, Cambridge Econometrics, University of Graz and National Technical University of Athens (NTUA).
The objective of the project is to understand the risks, uncertainties and co-effects related to different climate change mitigation pathways as well as public acceptance (or lack thereof) of low-carbon technology options. TRANSrisk aims to create a novel assessment framework for analyzing costs and benefits of transition pathways. The framework will integrate well-established approaches to modeling the costs of resilient, low-carbon pathways with a wider interdisciplinary approach including risk assessments. In addition TRANSrisk aims to design a decision support tool that will help policy makers to better understand uncertainties and risks and enable them to include risk assessments into more robust policy design.
This project has received funding from the European Union’s Horizon 2020 under grant agreement no 642260.