48 months from 01/10/2026 to 30/09/2030
General aims
M4G brings together leading universities and think tanks from around the world to advance the frontiers of energy and climate economics. Building on a large portfolio of existing projects, M4G promotes synergies through enhanced collaboration and knowledge transfer between European beneficiaries and associated partners.
CMCC role
CMCC is Lead Beneficiary of “WP4 – Dissemination, Communication, and Policy Engagement”. The aim is to coordinate exploitation and dissemination of the project’s objectives, approaches, and results to the scientific community and the broader public. To exchange information and establish relationships with other relevant projects and networks to achieve productive dialogues with key stakeholders.
Activities
M4G emphasises inter- and multi-disciplinary research and links innovative economic modelling with humanities and social sciences disciplines including social psychology, sociology, law, and other social and natural sciences. A key component of M4G is to enhance the intellectual capacity and skills of PhD students and early-stage researchers. Funded secondments bring together leading global experts from different disciplines to collaborate on scientific breakthroughs and to develop next-generation models for complex economic analyses of the drivers of, and responses to, climate change impacts. To provide robust policy recommendations for EU energy and climate policy, M4G integrates lessons from different climate policies with modelling techniques that take into account social and earth systems. M4G develops models for carbon pricing and impact assessment using Integrated Assessment Models and hybridised behaviour-enriched economic and energy systems models.
Expected results
M4G is expected to create a balanced portfolio of models that capture relevant factors and linkages within the European climate and energy initiatives. The project is unique in its comprehensiveness and focus on understanding incentives. It enables markets to signal appropriate prices for carbon emissions, technologies and services, facilitating a fair and efficient green transition. M4G communicates advanced innovative research to policy makers and to the public at global and regional levels.
Partners
Beneficiaries:
Univerzita Karlova (CUNI) — Coordinator — Prague, Czechia
Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC) — Lecce, Italy
London School of Economics and Political Science (LSE) — London, United Kingdom
The Chancellor, Masters and Scholars of the University of Oxford (UOXF) — Oxford, United Kingdom
Fondation Jean Jacques Laffont, Toulouse Sciences Economiques (TSE) — Toulouse, France
Eidgenoessische Technische Hochschule Zuerich (ETH Zurich) — Zurich, Switzerland
Associated Partners:
The Regents of the University of California (UC) — USA
The University of Chicago (Chicago) — USA
President and Fellows of Harvard College (Harvard) — USA
The University of Maryland Foundation Inc (Maryland) — USA
Massachusetts Institute of Technology (MIT) — USA
Trustees of Princeton University (Princeton) — USA
Board of Trustees of the Leland Stanford Junior University (Stanford) — USA
Yale University (Yale) — USA
University of British Columbia (UBC) — Canada
The Australian National University (ANU) — Australia
The University of Auckland (UA) — New Zealand
University of Cape Town (UCT) — South Africa
Pontificia Universidad Catolica de Chile (PUC) — Chile
National University of Singapore (NUS) — Singapore
Peking University (Peking) — China
Universita Ca’ Foscari Venezia (Ca’ Foscari) — Italy
Politecnico di Milano (POLIMI) — Italy (associated partner of CMCC)

