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C39.CU4.24

Understanding sustainable development between institutional arrangements and market regulation. A comparative law perspective.

  • Reference person
    Lydia
    Velliscig
    lydia.velliscig@iusspavia.it
  • Host University/Institute
    IUSS Pavia
  • Internship
    N
  • Research Keywords
    Comparative Law
    Economic Analysis of Law
    Law and policy of risk management and financing
  • 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
  • Co-Supervisor

Description

Mitigating climate change and supporting sustainable development are a common commitment and priority. In this context, the development of initiatives aimed at identifying effective public-private partnerships for elaborating innovative forms of protection against climate change-related risks appears to be critical for financing sustainable development. Strengthening the legal, regulatory and institutional environment is an effective way for public institutions to mobilize public resources and encourage capital market development. More generally, a cooperation between public and private sectors enables better align private incentives with public goals and creates a policy framework that encourages market development in these areas.The candidate will critically examine, from the perspective of comparative law and economics, legal and institutional responses implemented in different legal systems to manage and govern risks that arise from climate change and that must be addressed in view of sustainable development. Particular attention will be reserved to how risks are regulated, to liability and incentive mechanisms, to the identification of risk financing strategies based on insurance, reinsurance and other financing tools, including capital market instruments, also in order to identify critical points and possible areas of improvement.

Suggested skills:

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

Research team and environment

Research activities at IUSS are carried out with a highly innovative and multidisciplinary approach and the candidate will have the opportunity to join a stimulating academic environment. Specifically, the candidate will join the Legal Science Research Group, which focuses its activities on examining, from a comparative law and economics standpoint, the main legal, economic, institutional and policy profiles relating to the management of large-scale risks and emerging risks both at national and international level.