Water deficiency in many arid and semi-arid regions in Southern Europe is becoming a major constraint for economic welfare and sustainable regional development. These regions are characterised by high spatial and temporal imbalances of water demand and supply, seasonal water uses,inadequate...

The purpose of this final chapter is to identify the common themes of the three projects (WSM, Medis, and Aquadapt), to integrate and harmonise the results and approaches adopted by each, and to discuss conclusions and potential policy implications that can feed into the EU Water Framework...

This chapter provides the economic perspective to implementing integrated water resources management and describes the valuation techniques and economic instruments that have been developed and are available to help price water efficiently, and allocate it to it’s highest valued user.

Despite wetlands being amongst the Earth’s most productive ecosystems, they have been degraded and lost at an unprecedented rate globally, especially throughout the last century. In recognition of the importance of the crucial ecological functions and economic benefits they provide,...

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...