The EU Water Framework Directive clearly integrates economics into water management and policy making, and economics is to have a decisive role in the development of the programme of measures and the new river basin management plans. This paper provides a brief overview of the contribution of...

Air quality affects human’s well being in various ways. Air providing the most important life-support function sustains human health and enables the existence of all ecosystems. Although clean air is considered to be a basic requirement for human health and well-being, economic development and...

Future water management will shift from building new water supply systems to better operating existing ones. The variation of water values in time and space will increasingly motivate efforts to address water scarcity and reduce water conflicts. Hydro-economic models represent spatially...

The broad economic notion of Ecosystem Services (ES) refers to the benefits that humans derive, directly or indirectly, from ecosystem functions. ES are directly related with Water Resources Management (WRM), as any catchment’s degradation is in fact a degradation of ES, and the opposite. The...

The Black Sea region faces pressures on ecosystem services (ES) due to invasive species, waste, eutrophication, and biodiversity loss. We apply a stated preference technique, i.e. a choice experiment (CE), aiming to compare three hypothetical scenarios regarding the welfare impact of ES on...

This paper introduces a machine learning (ML) based approach for integrating Human Security (HS) and Sustainable Development Goals (SDGs). Originating in the 1990s, HS focuses on strategic, people-centric interventions for ensuring comprehensive welfare and resilience. It closely aligns with the...

Multiple challenges have emerged over the last decades, threatening human, socio-economic and environmental systems. Climate change impacts, degradation of limited natural resources, unsustainable demand, production and consumption practices, diseases, crises in the energy, food and biodiversity...

Decarbonization of the energy system is a major challenge for today’s energy system to combat climate change. This challenge is addressed in the EU through different political strategies and plans such as the European Green Deal, Fit-for-55, and REPowerEU, which set specific emission reduction...

Our paper explores the presence of significant sources of priced risk related to ESG and SDG performance. we document, strong ESG momentum time series and cross-sectional effects in international stock returns during the years 2002 to 2023. An out of sample monthly rebalancing ESG momentum...

In this paper we propose a consensus group decision making scheme under model uncertainty consisting of a two-stage procedure and based on the concept of Fr´echet barycenter. The first stage is a clustering procedure in the metric space of opinions leading to homogeneous groups, whereas the...