The economic benefits of renewable energy and how to share them
Renewable energy can power economies and empower communities, but these benefits need to be shared fairly. This report highlights the economic benefits of renewables and shows how community funds, co-ownership and inclusive consultation can transform the clean energy transition into a just transition.
Developed in partnership with Sustainable Energy for All and Scottish and Southern Energy (SSE)
Our teaching
We equip the next generation through undergraduate and graduate teaching in the world number one ranked School of Geography and the Environment.
Our executive education programmes empower business leaders and policy makers to take action.
Introduction to the Smith School
The Oxford Smith School was established to bring business and enterprise into the climate change and sustainability conversation. Our vision of a Net Zero future is supported by our research, teaching and partnerships. But, at the heart of the Smith School, there are people - people that drive forward the conversations and bring a fresh perspective to the table.
Video transcript
We find ourselves now at these critical points in human history we are pushing up against the limits of the planet in a way that is by definition not sustainable.
The decisions that we make in the next decade are going to be incredibly important to address the ecological, but also the social crisis that we face.
If we are to get to Net Zero and sustainable development and reorder the relationship between nature, society and economies, business is an absolutely critical component. it's the cause of, but also solution to this mess that we find ourselves in.
The idea behind a School of Enterprise and the Environment is helping private enterprise and public enterprise identify the things that they have to change to address the climate change problem. Basically, it is an industrial revolution and we're trying to advise on that revolution.
The school is a bit of a haven for those of us who share this passion and this interest, and who want to apply the best and the most rigorous tools of academic inquiry to unearth new knowledge that can help us.
So, we are always asking: what's the application of those research? how can we innovate? how can we change the system? how can we do better? what are the tools that we need? As well as ensuring that our research gets out of the university and into the hands and minds of the people you need to use it.
So, we have people working in water, in energy, in finance, in law, in food and infrastructure all of which has this collective focus on thinking about enterprises and sustainable development.
The Smith School's work is extremely important because it is striving to address the climate change issues, the environmental challenges from an interdisciplinary perspective. You can really make a change if you drive these ideas into a practical reality. No single discipline can solve these problems alone, so we need to collaborate.
So for example the Smith School’s work on water security in some of the most fragile areas of the planet has already helped millions of people and is on course to help possibly even 100 million people. And then of course our students are critical in this.
We launched this new masters in Sustainability, Enterprise and Environment which tries to be realistic rather than the idealistic about the world and we give students the broad knowledge base and skills that they need to go out into the world and lead impactful change.
It takes a systems level view of really looking at the complex economic ecological and social systems that we operate in.
All the research in the world is only effective if it's then implemented in terms of what people do, how they think about things, are they invest.
What we're trying to do is to define best practice, to define the future of sustainable finance and investment. But we’re also trying to translate that, and so we spend a lot of time working with practitioners to turn theory into practice.
Our links span industry, government, public enterprise, policymakers, non-governmental organizations. so, we can really take our research to the people who need to adopt it.
I had a career in finance it was a lucrative career, but I never felt anything at the end of the day. what I do now I feel something.
Research is meant to change lives, seeing the impact of research translating into the policy documents that's very exciting to me.
Honestly, I think this is the challenge of our time, we need some really committed people who can be inspired and in turn can inspire others, and that's the central we're trying to create.
So, if you're listening to this and you think you have something to contribute to the Smith School, please let us know
Our research
Our ground-breaking fundamental research drives real-world change, working with partners in public and private activity, business, markets and government.
The SSEE is home to the Oxford Sustainable Finance Group and Oxford Sustainable Law Programme.
OUR CORE DISCIPLINES
Our impact areas
News & insights
Carbon dioxide removal will need to scale faster than solar to meet climate targets
The 3rd Edition of the State of Carbon Dioxide Removal report finds that national pledges fall short of pathways limiting warming to 1.5°C this century by more than 5 billion tonnes of CO₂ per year by 2050.
“Get stuff done!”: Alexandria Procter is an MSc student on an entrepreneurial mission
Alexandria Procter was a succesful entrepreneur before she enrolled on the Oxford Smith School MSc, having founded her own company at just 22. Here, she discusses her journey as founder, experience on the programme and ambitions for the future.
Oxford Net Zero academics find cause for optimism in increasingly aligned net zero standards
New research from Oxford Net Zero and the Smith School of Enterprise and the Environment finds that the voluntary climate standards used by companies to set decarbonisation targets are increasingly unified and can drive effective and meaningful progress to net zero – despite political headwinds against climate action in some countries.&nbs
In the news
Climate Change Is Already Showing Up in the Cost of Living
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To the Extent that Matters for Investors, Climate Risk is Already Priced In
Oxford Sustainable Finance Group Director Ben Caldecott joins the Bloomberg ESG Currents podcast with Grace Osborne to debate Dr Jakob Thomae, Co-Founder and CEO of Theia Finance Labs.
The US cattle industry is eating its own tail
Researcher Stephanie Walton writes on the US cattle industry's self-destructive practicies in an exclusive opinion piece for the Financial Times. "The longer this goes on, the greater the costs will be for everyone involved."