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Funding climate projects: our financial model can better illustrate long-term value

By Dorje C. Brody, Professor of Mathematics, University of Surrey

When deciding whether to invest in environmental projects, it’s important to consider the economic value of any long-term benefits.

Whether climate solutions (such as offshore wind power or solar farms) are recognised as valuable or worthless depends very much on which economic model is used to evaluate it.

If the present value of the benefit (calculated by using a widely accepted financial model…

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