The Economics of Climate Change

Topic: Our Global Climate Service explores the economic consequences of climate change. Using the recent enhancements to our Global Economic Model we explore three scenarios that look at both the potential physical risks from climate change as well as the potential consequences of transitioning to a low carbon economy.

James Nixon

Head of Thematic Research

James Nixon

Head of Thematic Research

James Nixon | Head of Thematic Research

James is Head of Thematic Research at Oxford Economics and is responsible for delivering in-depth analysis to inform OE’s long-term economic forecasts. 

He brings to Oxford Economics extensive experience having worked both in the private and public sector. James oversaw the international forecast at the Bank of England and was forecast coordinator at the European Central Bank, presenting the respective staff forecasts to the policy making committees of both institutions. He was for seven years Chief European Economist at Société Générale and was most recently Chief Economist at TheCityUK, where he undertook extensive work on the economic impact of Brexit. He holds a PhD in applied macro-econometric modelling from the University of London and a degree in Natural Science. James has a keen interest in resource constraints and the limits they imply for growth. His current research interests include the economic impact of climate change and the clean energy transition. Previously James was Chief European Economist at OE where his European team won the Focus Economics’ award for most accurate European forecasts for three consecutive years.

Felicity Hannon

Associate Director, Stress Testing, Scenarios and Financial Modelling

Felicity Hannon

Associate Director, Stress Testing, Scenarios and Financial Modelling

Felicity Hannon | Associate Director, Stress Testing, Scenarios and Financial Modelling

Felicity Hannon is an Associate Director in the Stress Testing, Scenarios and Financial Modelling Team based in London and Oxford. She is specialised in bespoke scenario analysis, regulatory stress testing and macro-modelling.

During her time at Oxford Economics, Felicity has specialised in scenario analysis aimed at quantifying the impacts of exogenous policy shocks such as sanctions. She has worked on a number of model development projects which involved building bespoke and integrated financial models for international clients and she has been involved in regulatory stress tests, including the BoE’s Annual Cyclical Scenario and the IFRS9 service.

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