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Welcome to BELIEFS!

BELIEFS (2025–2030) investigates how climate-related beliefs shape investment decisions and the dynamics of the low-carbon transition. The project combines surveys, experiments, empirical analysis, and dynamic macroeconomic modelling to develop new data and analytical tools. Our goal is to understand how transition expectations form, how they affect decarbonisation, and which policies can better align economic actors’ expectations with climate targets.

BELIEFS is led by an international team of researchers based at the University of Bologna. It builds on insights and collaborations developed under SMOOTH, an ERC Starting Grant project funded by the European Union’s Horizon 2020 research and innovation programme. Learn more about SMOOTH here: https://site.unibo.it/smooth/en.