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.
During the 7th World Congress of Environmental and Resource Economists Andrea Titton was awarded the prestigious prize for his doctoral thesis on “Economic Consequences of Environmental Catastrophes”
During EAERE, Emanuele Campiglio was awarded with the 'EAERE Award for ERC Grants laureates in the field of environmental and resource economics' for the ERC Consolidator Grant “BELIEFS"
Inès Mourelon was awarded the Prix Banque de France-Jeune Docteur for "Macroeconomic and Environmental Effects of Climate Policy Uncertainty: A Sectoral Reallocation Perspective".
The Behavioural Dimensions of Climate Change workshop took place on 7–8 May 2026, bringing together an international group of researchers working on behavioural economics and climate policy.