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Wind and solar could provide over 60% of the UK’s electricity generation by 2030

We recently looked at the risks to the reliability of the UK electricity system as it decarbonises to 2030 and assessed the need for low-carbon thermal generation to manage these risks. Discover our work for the Natural Resources Defense Council (NRDC).
 

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Hydro-economic analysis identifies drought-vulnerable population in Ethiopia
We undertook a comprehensive ‘hydro-economic’ study of current and projected water stress in Ethiopia, estimating the value of production at risk from water scarcity for agriculture, industry and residential users during normal and extreme hydrological conditions. We produced, for the first time, consistent estimates of surface and groundwater supply and demand for all of Ethiopia’s major river basins, including inter-annual and seasonal variation. 

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Vivid scopes £1.2 billion Prosperity Fund in SE Asia, Nigeria and Brazil
Vivid has explored interventions related to transport, planning and flood risk management in urban areas across South East Asia and Nigeria; developed the ministerial business case for interventions in Brazil’s finance, urban and energy sectors; and assessed the commercial impacts of aid in Southern Africa. Our team has worked with UK government economists to develop methodologies to assess economic impacts in both recipient and donor countries from these interventions. We are currently supporting programme teams across the Prosperity Fund as they coordinate the UK private sector offer to support trade and investment in partner countries.

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Vivid identifies potential for climate mitigation in Colombia and Mexico
As part of the global scoping for the UK Department for Business, Energy and Industrial Strategy’s Technical Assistance Programme, we undertook detailed country level analysis in Mexico and Colombia to understand the biggest potential for the programme to support climate mitigation activities across different sectors, including renewable energy, low carbon transport, energy efficiency and green finance. Vivid also reviewed best practices for evaluating the impact of technical assistance on climate mitigation. Our findings fed into the design of the Technical Assistance Programme and were reflected in the call for proposals recently launched in both countries.

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Empowering Medway Council to identify development priorities and attract investment
We partnered with LDA Design to develop an economic strategy for Innovation Park Medway to become a site that drives innovation and high quality jobs in the North Kent region. A benchmarking exercise of successful innovation sites across the UK using the Vivid Innovation Performance Tool identified strategies to attract high value economic activity and jobs; and an analysis of the local economy, existing skill sets, and regional economic priorities identified priority sectors to drive local growth and attract investment. The park was launched on 18th September.
 
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What exactly are Special Economic Zones and why do they matter?
Vivid developed an incentives framework to assess the impact of different zone-based investment incentives on various policy aims. The project focussed on the use of incentives in Special Economic Zones in Indonesia and identified three forms of economic zones that can deliver both environmental and economic returns. We have since deployed this framework in work related to economic zones in Qatar and Belize.

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Modelling water company revenues
We have been engaged by Ofwat to develop econometric models that can set water company revenues. Econometric models will have a central role in setting water and sewerage bills for 2020-25, controlling around £40bn of spending. Vivid’s work builds on the findings of previous independent studies where we have led economic analysis, published in 2017 and 2018.

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The UK could become the largest EV market in Europe, with 47% of all EV sales
WWF commissioned Vivid to identify key impacts of phasing out sales of new conventional cars and vans in 2030, ten years ahead of the current Government target. The study also found that…
 
What are the impacts of the Green Investment Bank and the European Investment Bank on catalysing private finance in the UK?
Our work for the National Infrastructure Commission analysed the crucial role of state-backed institutions in providing signals of government intentions, which in turn encourages commercial financing institutions. This project informed the recommendations for the 2018 National Infrastructure Assessment. The project found that…
 
How do you lower a country’s net emissions whilst ensuring economic growth?
This is the big question facing many governments, and the answer depends on many factors from assessing a country’s industry capabilities to how political decisions may impact future economies; and how this in turn will affect net emissions over time. We recently completed a project for the New Zealand Productivity Commission and Ministry for Environment helping them to answer this crucial and topical question. What did we do and how did we do it? 
 
Vivid’s urban diagnostics tool help cities achieve sustainable outcomes
Our model for rapid urban diagnostics helps cities develop an action plan, focusing on key areas of potential growth and bringing together all the relevant stakeholders for its sustainable planning. The tool provides guidance and analysis on several key aspects of cities, including economic competitiveness, integrated urban planning, transport connectivity, social inclusiveness, environment, resource efficiency and fiscal sustainability.
 
Want to know more about this tool? Drop us a line.
 
Which financial instruments are most persuasive in promoting climate change action in Kenya?
Our analysis provides actionable lessons for the UK Department for International Development (DFID) and other development partners for designing effective and innovative financial tools to support climate change mitigation and adaptation. The work is also supporting national and local policy makers in Kenya as they develop the national climate change fund and county-level funds.
 
Here is a blended, impact finance model that can ensure natural capital protection
Defra has been exploring options to make investing in protecting and enhancing the natural environment more attractive for private sector investors. Partnered with Environmental Finance Ltd., we explored the potential to create a blended impact finance model which could crowd-in additional private investment, support capacity building and provide below-market-rate or patient repayable finance for project implementation costs.

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How to accelerate green finance in Colombia
Our recent analysis for ClimateWorks Foundation, in collaboration with the Department of National Planning and the country's development banks, assessed how Colombia can strengthen its green banking capabilities and catalyse private green investment to meet its national climate mitigation and green growth goals. Our recommendations were included in a 2018 government White Paper on Green Growth and are now being taken into account in the country's next National Development Plan! 

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Get involved with Vivid!

We have lots of upcoming events where we will be presenting You can catch us at:
 
24 – 30 September, New York City, Climate Week, Paul Sammon, Senior Economist will be presenting work on carbon pricing. Find out more! Read Paul's most recent blog on whether the threat of carbon tariffs can save the Paris Agreement.

16 October, London, Carbon Forward 2018: our expert on climate strategy, Stuart Evans, will be presenting on the implications of Brexit for the UK's future climate policy. Register now! Read Stuart's most recent piece on how governments can work together to solve complex problems in reaching a low carbon economy

7 – 10 November, Bristol Festival of Economics: Aditi Sahni, Senior Economist, will be participating on the panel, ‘Does Economics Care About the Future? Keynes famously said we’re all dead in the long run. Is sustainable growth possible – and likely?’ Sign up now! 
 
Work with us!
 
If you are looking for a new role or know someone who is, check out our exciting new vacancies.
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