Ibon Galarraga Research Professor

Main Research Field:
Public policies, policy instruments and economic valuation, with special attention to research that can be useful to inform Basque Climate Policy.

Personal web page http://www.bc3research.org/en/ibon_galarraga.html
Email address ibon.galarraga@bc3research.org
Orcid 0000-0002-2683-9360
Wok M-7130-2013
Google Scholar b93uWMoAAAAJ&hl

Climate change requires to overcome the short-term vision of public policy. Having the right facts and scientific information is vital, but only one part of the variables that are taken into account by policy makers.

Research that supports decision making process is extremely important and necessary to build a bridge between scientific knowledge and policy action."

September 29, 2017

BC3 Journal Article “Carbon risk and optimal retrofitting in cement plants: An application of stochastic modelling, MonteCarlo simulation and Real Options Analysis”

The cement sector is highly intensive in CO2 emissions and is the second biggest industrial sector in terms of emissions after the electricity generation sector. It emits CO2 from the combustion of fossil fuels, the calcination process and, indirectly, from electricity consumption. The ambitious climate change policy in the EU means that carbon prices and fuel prices are two very important sources of uncertainty that may affect the competitiveness of the sector. This paper focuses on understanding the risk associated with the future price of European Union Emission Trading System allowances.
September 27, 2017

BC3 Journal Article “Investing in adaptation: flood risk and real option application to Bilbao”

Investment decisions in adaptation are usually made under significant uncertainty due to climate change and socio-economic trends. In this study, we propose three ways to incorporate climate and socio-economic uncertainty into the assessment of an adaptation infrastructure designed to cope with flood-risk in the city of Bilbao.
July 20, 2017

BC3 Journal Article “The effect of flooding on mental health: Lessons learned for building resilience”

Risk management and climate adaptation literature focuses mainly on reducing the impacts of, exposure to, and vulnerability to extreme events such as floods and droughts. Posttraumatic stress disorder is one of the most important impacts related to these events, but also a relatively under-researched topic outside original psychopathological contexts. We conduct a survey to investigate the mental stress caused by floods.
June 9, 2017

“The Paris Agreement goes ahead, with or without Trump” open letter edited by BC3 Researchers Maria Jose Sanz, Mikel Gonzalez-Eguino and Ibon Galarragak published by “Campusa Euskal Herriko Unibertsitatearen aldizkaria”

"The Paris Agreement goes ahead, with or without Trump" open letter edited by Bc3 Researchers Maria Jose Sanz, Mikel Gonzalez-Eguino and Ibon Galarragak published by "Campusa Euskal Herriko Unibertsitatearen aldizkaria"

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