1. Presentation of National and Regional Mediterranean SDSNs
Chair: Professor Phoebe Koundouri
Speakers:
Angelo Riccaboni
Andreas Papandreou
Jeffrey D. Sachs
Sabina Ratti
Miguel Ángel Moratinos
Bahar Ozay
Phoebe Koundouri
Achilleas Vassilopoulos Nikos Englezos
Xanthi Kartala
Ebun Akinsete
Stella Tsani
Eleni Petra

2. Science Driven SDG Implementation
Prof. Phoebe Koundouri, Dr. Ebun Akinsete, Dr. Nikos Englezos, Dr. Xanthi Kartala, Eleni Petra, Dr. Stella Tsani & Dr. Achilleas Vassilopoulos
PHOEBE

4. Sustainable Solutions
Research-derived
Sustainable Solutions
25 years successful track record of attracting research funding worldwide
Over 500 collaborative institutions
Numerous publications in leading scientific journals
Policy interventions
ICRE8, SDSN-Greece, PESD, the Research Team on Socio-Economic and Environmental Sustainability (ReSEES)/AUEB and ATHENA provide research-derived sustainable solutions in the market for 25 years that have led to numerous publications in leading scientific journals and policy interventions

5. Focus and Approaches Research Focus
Natural Resources, Economic, Social Sustainability
Structured and methodologically sound approaches
Total Economic Value of Resources
Management tools and policy making
Interdisciplinary nature of the challenge
RESEARCH FOCUS:
Achieving Natural Resources, Economic, Social Sustainability by developing structured and methodologically sound approaches to recognizing, demonstrating and capturing the Total Economic Value of natural resources and other public goods important for social welfare, integrating them in sustainable management tools and policy making, while recognizing the interdisciplinary nature of the challenge
STAGES OF ANALYSIS:
Natural Resources, Socio-Economic, Institutional Characterization
Mathematical Model of People’s Behaviour, NR stocks & flows
Empirical/Econometric Modelling
Data Collection (revealed/stated preference data)
Empirical Models Application & Estimation
Analysis of Results
Decision Support Tools
Policy Recommendations

6. Focus and Approaches Approaches Decision Support Tools
Policy Recommendations
Mathematical Model of People’s Behavior, NR stocks & flows
Empirical/Econometric Modeling
Empirical Models Application & Estimation
Qualitative and Quantitative Analysis of Results
RESEARCH FOCUS:
Achieving Natural Resources, Economic, Social Sustainability by developing structured and methodologically sound approaches to recognizing, demonstrating and capturing the Total Economic Value of natural resources and other public goods important for social welfare, integrating them in sustainable management tools and policy making, while recognizing the interdisciplinary nature of the challenge
STAGES OF ANALYSIS:
Natural Resources, Socio-Economic, Institutional Characterization
Mathematical Model of People’s Behaviour, NR stocks & flows
Empirical/Econometric Modelling
Data Collection (revealed/stated preference data)
Empirical Models Application & Estimation
Analysis of Results
Decision Support Tools
Policy Recommendations
Natural Resources, Socio- Economic, Institutional Characterization
Data Collection

7. Our Books

8. Scientific and Policy Events
23rd annual EAERE Conference held in June 2017 in Athens, Greece, under the auspices of the City of Athens
EAERE is the largest European scientific association in the field
Advanced Policy Workshop in “Sustainability and Resource Valuation”

9. Scientific and Policy Events
EAERE 23 in Numbers
1200 members from 80 countries
2000 submissions
700 peer-reviewed papers presented
10 Policy Sessions
9 Thematic Sessions
38 posters
800 registered participants
274 referees
9 sponsors
10 exhibitors
More than euros attracted from sponsorships and exhibitors
More than 29 volunteers

10. Locate ICRE8/ReSEES projects
Marine Coastal Management
Inland Water Management
Renewable Energy
Climate Change and
Discount Rate
Biodiversity
Forest Management
Waste Management
Nuclear Energy

11. Is Sustainable Development Something New?

12. AN INTRODUCTION TO SELECTED ICRE8 PROJECTS

13. Innovations and Management for Sustainable Development

14. Innovations and Management for Sustainable Development
BRIGAID: BRIdging the GAp for Innovations in Disaster resilience
Budget: ,79 € Consortium: 24 partners led by TU Delft

15. Innovations and Management for Sustainable Development
Aim: To effectively bridge the gap between innovators and end- users in resilience to floods, droughts and extreme weather
innovators
end-users
Purpose: Our mission is to provide integral support for innovations for climate adaptation, focusing on climate-driven disasters like floods, droughts and extreme weather. BRIGAID aims to become the quality label for the development of innovations for climate adaptation and risk reduction from climate-related disaster impacts in Europe and beyond.

16. Innovations and Management for Sustainable Development

17. Innovations and Management for Sustainable Development
The Value of Distant Benefits
&
Long-Term Discount Rates
Humanity has the ability to make development sustainable: to ensure that it meets
the needs of the present without compromising the ability of future generations to
meet their own needs. WCED, 1987
There is something awkward about discounting benefits that arise a century hence.
For even at a modest discount rate, no investment will look worthwhile.
The Economist, 1991

18. Innovations and Management for Sustainable Development
CBA - Ramsey Formula extended for Risk & Uncertainty
(papers by Dasgupta, Gollier, Koundouri, Weitzmanand others)
In an Uncertain Environment persistent shocks on:
the growth rate of consumption
short-term interest rates
DDR
Estimate Theory Consistent DDR trajectory
• Using Historical Data
• Without Structural Model
• Using univariate time series regime
switching models
DDR for higher PV of Long-Run effects!
Example: Climate Change Mitigation
DDR implies double social cost of CO2 emissions

19. Innovations and Management for Sustainable Development
RECOMMENDED SCHEDULE
OF DISCOUNT RATES PROVIDED
Adopted in:
UK, USA, France, Norway, Etc.
Country
Method
SDR%
LR (T>40) SDR Declining?
Risk & Uncertainty
EU Area
SRTP 3
Declining
sensitivity scenario analysis monte carlo simulations
Sweden
Mentioned Not adopted
Moldova
SRTP/SOC
4,63+9 (RP)
Norway
(RP)
Cyprus
(RP)
Sensitivity Analysis
Ukraine
5+ 7(RP)

20. Innovations and Management for Sustainable Development
Decision Making Under Uncertainty:
The Example of Climate Change

21. Innovations and Management for Sustainable Development
Uncertainty Seminar: Alternative types of ambiguity and their effects on the
probabilistic properties and tail risks of environmental-policy variables subject to climate change, run by Prof. N. Pittis.
Climate Change under Uncertainty, Journal: Review of Environmental Economics
and Policy (REEP) . Contributors: Koundouri, Pittis, Englezos, Papandreou, Samartzis
RISK
UNCERTAINTY
AMBIGUITY (DEEP UNCERTAINTY)
probabilities of random events (RE) are known
probabilities of RE are unknown (different data generating mechanisms possible true process)
risk and uncertainty
co-exist

22. Sustainable Governance and Decision Support Systems

23. Sustainable Governance and Decision Support Systems
DAFNE – A Decision-Analytic Framework to explore the water-energy food NExus in complex and transboundary water resources systems of fast growing developing countries
Develop effective, accountable and transparent institutions at all levels Ensure responsive, inclusive, participatory and representative decision-making at all levels

24. Sustainable Governance and Decision Support Systems
Aim: To establish a Decision-Analytic Framework for  Participatory and Integrated Planning
2 Case Studies
Omo River Basin
Zambezi River Basin
2 Transboundary CSs (Zambezi 8, omo 2)
Image: Grid Arendal

25. Sustainable Energy and Resource Management

26. Sustainable Energy and Resource Management
MERMAID - Innovative Multi-purpose offshore platforms: planning, design & operation

27. Sustainable Energy and Resource Management
Development and application of integrated socio-economic assessment of multi-use offshore platforms

28. Sustainable Energy and Resource Management
The BlueBRIDGE Project – Building Research environments fostering Innovation, Decision making, Governance and Education for Blue Growth
Funded by DG-CNECT e-Infrastructure
September February 2018
To offer new capacity to interdisciplinary communities actively involved in increasing scientific knowledge about marine resource exploitation, ecosystems conservation, and performance improvement and sustainability in aquaculture

29. BlueBRIDGE Services Offer
Tailored services addressing three heterogeneous domains
One common infrastructure
Keywords
Communities span from EU and International world-renowned leading institutions (e.g. ICES, IRD, FAO, UNEP), providing informed advice on sustainable use of marine resources to relevant Commissions and member countries, till local level organizations, like national academic institutions and SMEs.
Keywords: Multidisciplinay collaboration, validation, reproducibility, reuse, dynamicity, fast adaptability, low costs of engagement, low cost of service
A very important part of work within the scope of BlueBridge concerns Cloud Computing Infrastructure. Specifically, this environment, the Virtual research Environments (VRES) aim to deliver economic growth.
These (VRES) - will allow for the first time to address in an integrated way the problem of global knowledge access, seamless data exchanges and reuse between aquaculture companies and its related stakeholders and will give new instruments to policy makers and scientists for supporting their research and informed decisions.
BB – ICRE8 : the socioeconomic aspect contribution

30. THANK YOU