Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since reducing greenhouse gas emissions today has a highly uncertain pay-off, far into the future. These assumptions have always been much debated. Rather than occupy a position in this...

Many investments involve both a long time-horizon and risky returns. Making investment decisions thus requires assumptions about time and risk preferences. In the public sector in particular, such assumptions are frequently contested and there is no immediate prospect of universal agreement....

Information can play a hugely important role in the governance of corporate behaviour. The provision of reliable information on the financial performance of firms underpins the operation of financial markets, and the provision of information on the environmental performance of firms has enabled...