Letter from the editor

Carmen Arguedas, AERNA Newsletter Editor

Dear AERNA colleagues and friends,

I am very pleased to present the contents of the forth issue of our AERNA Newsletter (January 2016), wishing you a very healthy and successful new year 2016!

The recently celebrated Convention on Climate Change in Paris (COP21) constitutes, for some scholars, a turning point on the world efforts to fight against climate change. In this issue of the Newsletter, both our president, Antoni Riera, and AERNA members Alberto Ansuategi and Ibon Galarraga, give their personal views on the whole process. (read more ⇓)

Institutional highlights

Presidential Correspondence

Antoni Riera, President of AERNA

At the Paris climate conference (COP21) in December 2015, 195 countries adopted the first-ever universal, legally binding global climate deal. The agreement sets out a global action plan to put the world on track to avoid dangerous climate change by limiting global warming to well below 2°C above pre-industrial levels.

This is undoubtedly a turning point in the policy against climate change but it must be acknowledged that the agreement does not specify emissions of greenhouse gases that each country should cut nor the associated macroeconomic costs. (read more ⇓)

UPCOMING AERNA 2016 Conference

Margarita Robaina, President of the Organizing Committee

The University of Aveiro, Portugal, and in particular the Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT) are pleased to host the VII Congress of the Spanish-Portuguese Association of Resource and Environmental Economics (AERNA), from September 5th to 7th, 2016. The conference will be organized with collaboration of the Portuguese Association of Energy Economics (APEEN). (read more ⇓)


Alejandro Caparrós, Coordinator of the Working Group on Game Theory and Environmental and Resource Economics

The AERNA Working Group on Game Theory and Environmental and Resource Economics celebrated its first Workshop in Madrid on September 7-8, 2015. The Workshop brought together papers on environmental and resource economics problems that use Game Theory tools. The workshop took place at Universidad Autónoma de Madrid, and was co-organized by the Department of Economic Analysis of the Universidad Autónoma de Madrid and the Institute for Public Goods and Policies (IPP) of the Consejo Superior de Investigaciones Científicas (CSIC). (read more ⇓)

Research highlights

Mediterranean oak woodlands: from commodities to amenities

Jose Luis Oviedo (CSIC), Pablo Campos (CSIC), and Lynn Huntsinger (University of California-Berkeley)

Forests provide public goods and services (usually non-marketed) that should be made explicit in any analysis attempting to model the management of these multiple use ecosystems (Samuelson, 1976). However, the absence of directly observable market prices can motivate failures in the provision of forest public products. To overcome this, non-market valuation methods provide tools to estimate values for these products. Although not free of criticism (Hausmann, 2012), these methods have shown significant progress experimentally over the years (Kling et al., 2012) and under certain conditions have been shown to estimate values deriving from truthful preferences (Carson and Groves, 2007). (read more ⇓)

Emission Trading and Market Power

Francisco José André and Luis Miguel de Castro, Universidad Complutense de Madrid

Cap and trade (CAT) programs are probably the most important policy instrument to fight climate change. In Europe this topic has gained more interest since the creation of the European Union Emission Trading System (EU ETS). (read more ⇓)

The Economic Value and Governance of Marine and Coastal Ecosystem Services (MCES): The Case of Peniche-Nazaré

Maria Antonieta Cunha-e-Sá, Nova School of Business and Economics

The Peniche-Nazaré study site is located in the West Coast of Portugal and is characterized by a variety of marine ecosystems, which provide many ecosystem services, supporting the most important local economic activities. In particular, the Marine Protected Area of Berlengas Archipelago and the Nazaré Canyon are located in the study site. The fishing sector plays a crucial role in the local economy. Peniche and Nazaré are old fishing communities dedicated to harvesting small pelagic species, in particular, sardines, chub-mackerel, and horse-mackerel. However, while the local economy is facing the threat of an increasingly depleted stock of sardines, the most important species harvested, the site is now a popular touristic destination related to surf. (read more ⇓)

Policy Recommendations

The Paris Agreement on Climate Change: A Solid Foundation for Substantial Progress

Alberto Ansuategi (University of the Basque Country) and Ibon Galarraga (Basque Centre for Climate Change)

The so-called Paris Agreement signed on December 12th can be seen as the culmination of more than two decades of international attempts under the United Nations (UN) to forge collective action on climate change. There is widespread consensus that the Agreement has been a diplomatic success. Following limited participation in the Kyoto Protocol (1997) and the lack of agreement in Copenhagen (2009), the UN climate talks in Paris have ended with a deal that has exceeded expectations. (read more ⇓)

Job opportunities

European Job Market for Environmental and Resource Economists

Econ Job Market


157th EAAE Seminar. VI Workshop on Valuation Methods in Agro-Food and Environmental Economics: Methodological and Empirical Challenges in Valuation Methods. Barcelona, 30 June - 1 July 2016

AERE 5th Annual Summer Conference. Beaver Run, Breckenridge, June 9-11, 2016

EAERE 22nd Annual Conference. Zurich, 22-25 June 2016

7th Atlantic Workshop on Energy and Environmental Economics. A Toxa, 27-28 June 2016

VII AERNA Conference. Aveiro, 5-7 September 2016

Madrid Environmental Economics Seminars, Periodic event


These are AERNA institutional members in 2016
AERNA is most grateful for their support!

  • AZTI-Tecnalia

    The Technology Center of Marine and Food Research.
    To imagine the future is a challenge that motivates and excites us everyday: To meet the demands of innovation and development in the marine and food industries. Together, we have no limits.

  • Basque Centre for Climate Change

    The BC3 is a Research Centre based in the Basque Country which aims to contribute to long term research on the causes and consequences of climate change in order to foster the creation of knowledge in this multidisciplinary science.

  • Factor CO2

    Factor CO2 is a global company that provides ideas and services to tackle climate change from innovative perspectives through our international network of offices. We have developed more than 900 projects for more than 380 clients in 30 different countries.

  • Universidad Complutense de Madrid

    The Complutense University of Madrid (UCM) is an institution with a long history and broad social recognition. UCM aspires to be among the foremost universities in Europe, and a reference centre for Latin America.

Public and private institutions are invited to support the Association to further its aims by joining AERNA as institutional members. Incomes from institutional membership fees are used exclusively and completely to further the aims of the Association.
Consult our fees, and join us!

Become AERNA member

AERNA offers special discounts for PhD students and Seniors. Also check our options for institutional membership.