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Closed for application
CU41.CU-Beta.11

Understanding sustainable development between institutional arrangements and market regulation

  • Reference person
    Lydia
    Velliscig
    lydia.velliscig@iusspavia.it
  • Host University/Institute
    Scuola Universitaria Superiore IUSS Pavia / Classe di Scienze, Tecnologie e Società
  • Internship
    N
  • Research Keywords
    SH2_4 Legal studies, constitutions, human rights, comparative law
    Economic Analysis of Law
    Risk Management and Financing Law and Policy
  • Reference ERCs
    SH2_4 Legal studies, constitutions, human rights, comparative law
    SH2_5 International relations, global and transnational governance
    SH2_1 Political systems, governance
  • Reference SDGs
    GOAL 11: Sustainable Cities and Communities
    GOAL 13: Climate Action
    GOAL 16: Peace and Justice Strong Institutions
  • Studente
  • Supervisor
  • Co-Supervisor

Description

Mitigating climate change and supporting sustainable development represent a shared commitment and a top priority. In this context, developing initiatives aimed at identifying effective public-private partnerships to create innovative forms of protection against climate change-related risks is crucial for financing sustainable development. Strengthening the legal, regulatory, and institutional environment is an effective way for public institutions to mobilize resources and encourage capital market development. More generally, cooperation between the public and private sectors facilitates a better alignment of private incentives with public goals and helps create a policy framework that fosters market development in these areas. The candidate will critically examine, from the perspective of comparative law and economics, the legal and institutional responses implemented in different legal systems to manage and govern climate change-related risks, which must be addressed in light of sustainable development. Particular attention will be given to the regulation of risks, liability and incentive mechanisms, and the identification of risk financing strategies based on insurance, reinsurance, and other financial tools, including capital market instruments, with the aim of identifying critical issues and potential areas for improvement.‬‬

Suggested skills:

Legal background (Law Degree), preferably a good background in comparative law; openness to transdisciplinary research; intellectual curiosity; team-working skills.

For this scholarship it is mandatory a period of research abroad of 6 months.

Research team and environment

Research activities at IUSS adopt a highly innovative and multidisciplinary approach, and candidates will have the opportunity to engage in a stimulating academic environment. Specifically, the Legal Science Research Group at IUSS focuses on key legal, economic, institutional, and policy aspects related to the management of large-scale and emerging risks at both the national and international levels. From the perspective of comparative law and economics, the Legal Science Research Group examines the legal and institutional mechanisms designed to enhance the physical and financial resilience of both the economy and society in response to extreme events.