The FIND project (Finance and Innovation to couple Negative emissions and sustainable Development), coordinated by Francesco Lamperti, associate professor at the Institute of Economics of the Scuola Superiore Sant'Anna, stems from a fact: current global climate action is deeply insufficient to deliver the objectives of the Paris Agreement. To limit global warming to 1.5 °C, it is not possible to reduce emissions from energy production and industrial processes alone. One solution is to act on negative emissions, i.e. to remove large quantities of carbon dioxide from the atmosphere by means of new technologies.

“Negative emission technologies can be the perfect insurance against climate change. The problem with these technologies is that they are risky, immature, and controversial. All is about how – and where - they will be developed, diffused, and deployed” says Lamperti.

FIND will combine innovation studies, economic geography, financial economics, complex system modeling, and macroeconomic analysis to ascertain the feasibility of carbon removal strategies and their potential for sustainable development, both within Europe and beyond. The project will also assess the effectiveness of climate and non-climate policies to support a net-zero society by 2050.