Vedanshi Nevatia

Sustainability Leadership Fellow Cohort: 2023-2024

Ph.D. Student, Department of Economics

Research Summary: My research aims to build a developing country macroeconomic model to analyze the effect of clean-energy transition on inequality in the long run. Majority of the climate-change models, used widely to build global mitigation policies today, assume “developed” country conditions; for example perfectly accessible financial markets or near-equitable income distribution across households. Although recent climate reports acknowledge the difficulties poorer countries face in green financing, there still exists a gap in literature that conclusively proves this. I therefore, also use data on Green Bonds to quantitatively study the regionally-differentiated cost of capital for renewable energy development.

Advisor: Daniele Tavani