Environmental Economics




European Research Executive Agency (REA) | Water scarcity is one of the most critical problems to be faced in the 21st century. Decreasing water availability and increasing water demand are usually associated with a deterioration in the ecological, chemical and quantitative status of surface and groundwater bodies. Ensuring the availability and sustainability of water resources is essential. The project MARCLAIMED has the objective of integrating Managed Aquifer Recharge (MAR) with Alternative Water Resources (AWR) in river basin and drought management plans enhancing the structural supply systems for climate change adaptation and resilience.



European Research Executive Agency (REA) | Droughts and water scarcity are an increasing concern in Europe, with around 20% of the European territory and 30% of the total population already affected by water stress. The anthropogenic alteration of the water cycle poses risks for energy production, food security, human health, economic development, and poverty reduction.

Water Strategy Germany

German Environment Agency (UBA), Germany | Modern water management focuses on sustainable and balanced water use by all stakeholders. To achieve this today - and in the future - various legal as well as socio-economic frameworks need to be taken into account. The overall aim of this project was to initiate a target-oriented national dialogue at an early stage among various actors.

Towards Sustainable Finance

German Environment Agency (UBA), Germany | The Federal Environment Agency (UBA) has set itself the goal of evaluating and further developing scientific methods and procedures to systematically integrate environmental and sustainability risks into investment and credit decisions. By using these methods, the transition to a sustainable financial economy should be wisely initiated and shaped.

European Topic Centre on Climate Change impacts, vulnerability and Adaptation (2019-2021)

European Environment Agency (EEA) | The European Topic Centre on Climate Change impacts, vulnerability and Adaptation (ETC/CCA) is a Consortium of European Organizations contracted by the European Environment Agency (EEA) to carry out specific tasks - as identified in the ETC/CCA annual Action Plan (AP) - coherently with the EEA five-year strategy and Multiannual Work Programme and specific EEA Single Programming Documents in the area of climate change impacts, vulnerability and adaptation (CCIVA) across Europe.

EU Taxonomy Public consultation support

Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), Germany | The EU taxonomy is a classification system, that establishes a list of environmentally sustainable economic activities. It will play an important role in helping the EU scale up sustainable investment and implement the European Green Deal.


Austrian Climate Research Program – ACRP | Natural hazard protection faces the key challenge that not everyone living in a risk zone is threatened equally. Decisions on whom to protect often cause conflicts in resource allocation and distribution. JustFair developed policy guidance by (1) comparing international practice in addressing social justice issues in climate change adaptation and by (2) empirically identifying disadvantaged groups among households and small businesses, taking into account that individual resources and deficits need to be balanced against each other. Additionally, a comparison was made between the financial measures taken during the Covid-19 crisis in Austria and the current regulations for disaster relief funds.

Support of the European Innovation Partnership on Water

European Commission, DG Environment | The European Innovation Partnership on Water (EIP Water) was an initiative within the EU 2020 Innovation Union. The EIP Water facilitated the development of innovative solutions to address major European and global water challenges.

Oasis Innovation Hub for Catastrophe and Climate Extremes Risk Assessment

Executive Agency for Small and Medium-sized Enterprises (EASME) | The overarching goal of the Oasis Innovation Hub for Catastrophe and Climate Extremes Risk Assessment Project (H2020_Insurance) was to support the understanding of climate risks by the (re-) insurance sector and society in general.

Sustainable Integrated Management FOR the NEXUS of water-land-food-energy-climate for a resource-efficient Europe (SIM4NEXUS)

Executive Agency for Small and Medium-sized Enterprises (EASME) | Water, land, food, energy, and climate are interconnected, comprising a coherent system (the ‘Nexus’), dominated by complexity and feedback. Putting pressure on one part of the Nexus can put pressure on the other parts.

Expert Meeting on Ecosystem Valuation in the context of Natural Capital Accounting

German Federal Agency for Nature Conservation (BfN), Germany | FT supported the German BfN in preparing an international workshop on the economics of natural capital accounting and valuation of ecosystem services in Bonn in April 2018.

WE@EU Web based Joint Action Plan Dynamization

WE@EU | Fresh Thoughts supported WE@EU in the preparation and targeted dissemination of its project's final event, addressing urban water efficiency, clusters, and pan-European networks.

Assessment of the study “Potential of multi-purpose-use of the hydropower reservoirs of the Drin cascade in Albania”

German Development Agency (GIZ), Germany | Within the contract, the results of the study “Potential of multi-purpose-use of the hydropower reservoirs of the Drin cascade in Albania” were forwarded to the GIZ staff. This included, above all, placing the results from the Drin/Albania case study in a broader context and drawing conclusions about transferability in the context of the water-energy-food security nexus. As a result, an article was written as a discussion paper as part of the GIZ's internal discussion paper series on sustainable hydropower use.

Potential of multi-purpose-use of the Hydropower Reservoirs of the Drin Cascade in Albania

German Development Agency (GIZ), Germany | The main objective of the study was to determine the possibilities and limits of the multi-purpose use of the Drin Cascade.

SEMANTiCS conference – support

Semantic Web Company GmbH | Fresh Thoughts supported Semantic Web Company and the WU Vienna logistically at the SEMANTiCS conference 2015, September 16-17.

Support to the International Water Management Institute

International Water Management Institute (IWMI), Sri Lanka | IWMI requested support from the FT-Team to write a proposal on innovative incentives for sustainable and efficient water management across the water–food–energy nexus.

Value of ecosystem services

Autonome Provinz Bozen – Südtirol | The EU project START_it_up (state-of-the-art in Risk Management Technology: Implementation and Trial for usability in Engineering Practice and Policy) was a transnational project from the Interreg IVB Program "Alpine Space", Priority Axis 3 "Environment and Risk Prevention" of the European fund for "European Territorial Cooperation" ERDF 2007-2013.

Benefit assessment for the German implementation of the MSFD

Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), Germany | The European Marine Strategy Framework Directive (MSFD) aims to achieve more effective protection of the marine environment throughout the coastal areas of Europe.

EU Water pricing for agriculture

European Commission, DG Climate Action | The focus of this study was to provide a general overview of the use of water pricing and water allocation policies in Europe.

Benefits in policy making

RWS-Waterdienst, Netherlands | The project investigated the use and assessment of information on environmental benefits as a basis for the development and implementation of environmental policy in the Netherlands.

Cost Effectiveness Analysis within the Water Framework Directive

Office National de l’Eau et des Milieux Aquatiques (ONEMA), France | The aim of this study was to provide an overview and to evaluate the application of cost-effectiveness analysis (CEA) methods in implementing the Water Framework Directive in France and Europe.

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