Special Issue "Environmental Economic Policy Analysis"

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Environmental Sustainability and Applications".

Deadline for manuscript submissions: closed (31 May 2019).

Special Issue Editor

Dr. Premachandra Wattage
Guest Editor
School of Earth & Environmental Sciences, University of Portsmouth, UK and Town & Country Planning, University of Moratuwa, Sri Lanka
Interests: environmental economics; policy; environment valuation; natural resource management; agriculture environment trade-offs

Special Issue Information

Dear Colleagues,

The purpose of the Environmental Economic Policy Analysis is to apply various methods of policy analysis in the Environment Economics field, evaluate their strengths and weaknesses, and apply them to better understand the implications of various decision options to manage environmental and natural resource challenges. The challenges of managing natural resources and environmental quality are well-recognized and becoming increasingly important in all parts of the world. Issues could arise at different scales in the site, locally, regionally, nationally, and globally.  Decisions on these issues often require the balancing of competing interests with different objectives. The methods and applications of environmental policy analysis provide a basis for more informed decision making based on trade-offs.

The papers of this Special Issue should attempt to understand and use analytical frameworks that apply to a broad range of environmental issue areas and are critical for strategic environmental policy within organizations that develop, analyze, practice and evaluate environmental and natural resource management. Environmental Policy Analysis papers could include some specific environmental or natural resource problems or issues (for example, renewable energy, water resources, environmental health, forest management, wetland management, biological diversity, climate change, eco-system services, conservation, etc.). Authors are encouraged to look at other specializations to develop ideas on, for example, Energy and the Environment, Ecosystem Conservation and Management, Water Resource Management, Agriculture-Environment Trade-offs and others. The Special Issue also welcomes studies exploring new scientific insights on the field of Environmental Economic Policy that address the wider impacts of Sustainable Development. The Special Issue is open to relevant submissions from all related disciplines listed in the keywords and addresses all world regions.

Dr. Premachandra Wattage
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • Environmental policy and sustainable development
  • Environmental valuation and sustainability
  • Landscape and ecosystem services assessment
  • Social-ecological and spatial resilience
  • Spatial planning, building economics and sustainable development
  • Agriculture-environment trade-offs
  • Agro-environmental and sustainability indicators
  • Sustainable agro-food value chain and labels
  • Dynamic models and social-ecological scenario planning of agricultural landscapes
  • Agricultural landscape heterogeneity for production and conservation
  • Bio-economic modelling and circular economy
  • Sustainable waste management

Published Papers (1 paper)

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Open AccessArticle
The Price Determinants of the EU Allowance in the EU Emissions Trading Scheme
Sustainability 2018, 10(11), 4009; https://doi.org/10.3390/su10114009 - 01 Nov 2018
Cited by 4
The Kyoto Protocol came into effect in 1997 to curb greenhouse gas (GHG) emissions and to address the problem of climate change. The Protocol includes a market-based mechanism designed to offset GHG emissions, called the emissions trading scheme (ETS), allowing companies to “trade” [...] Read more.
The Kyoto Protocol came into effect in 1997 to curb greenhouse gas (GHG) emissions and to address the problem of climate change. The Protocol includes a market-based mechanism designed to offset GHG emissions, called the emissions trading scheme (ETS), allowing companies to “trade” their shortage or surplus allowance. This study examines the determinants of the EU allowance (EUA) price in Phase 3 of the EU ETS (2013–2017). First, the causality between the EUA price and other variables is determined using a Granger causality test. Second, the correlation between the EUA price and each variable is measured using a VECM estimation and an impulse response function. Finally, the relative effect of each variable on the EUA price is determined using a forecast error variance decomposition. The results show that the EUA price has a causal effect on the prices of electricity and natural gas. Second, all variables, except the minimum temperature, show a positive relationship with the EUA price. Furthermore, when unexpected shocks occur, the EUA price shows the highest response to its past price, followed by the electricity price. Third, the past EUA price has the most influence on the EUA price, followed by the coal price. Full article
(This article belongs to the Special Issue Environmental Economic Policy Analysis)
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