It will examine, in particular, whether these areas are effective enough to change the composition of a fleet of vehicles with the incorporation of cleaner vehicles, change habits in favour of shared mobility options and enhance economic activity within restricted areas. “The socio-economic impacts of low-emission zones” (URBAN_SKIES) is the name of the project being presented by Natalia Fabra, professor at the UC3M’s Department of Economics, which will focus on investigating the long-term socio-economic effects of low-emission zones (LEZ). Measuring uncertainty in predictions is important for making well-informed decisions. In addition to this, measuring the uncertainty of these predictions allows probabilities to be assigned to possible future scenarios, so the economic effects of climate change in different scenarios will be assessed. Climate risk assessment is based on probability predictions of climate variables (temperatures, precipitation, CO2 emissions) observed at extreme intervals (minimum and maximum, which is where the biggest risks are found). It aims to analyse the effects of climate change on the economy and financial sector, using advanced quantitative methods, in particular, insurance coverage and bank exposures in Spain based on different extreme risk scenarios. ![]() The project is called “Climate change and economic challenges in Spanish society” (CC-ECHASS) and is being presented by Esther Ruiz, professor at the UC3M’s Department of Statistics. ![]() The projects will be disseminated in the “La Caixa” Social Observatory, an initiative which focuses on the study of social reality and new social trends that may impact our future. They are all based on quantitative data, using an original and innovative approach, that provide knowledge about today’s most relevant social phenomena. These projects, selected from a total of 768 nominations submitted by research staff from universities and public and private scientific centres based in Spain and Portugal, will receive a grant of up to 100,000 Euros each and will be carried out over a period of 24 months.
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