A climate neutrality strategy for Cyprus

Theodoros Zachariadis, Constantinos Taliotis, Melina Moleskis and Pantelis Solomou

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This paper presents the findings of our model-based study on the transition of Cyprus to a net-zero economy. A climate-neutral Cyprus will be characterised by almost complete replacement of fossil fuels by electricity and renewable sources, full utilisation of waste and use of renewable hydrogen in transport and heavy industry. This will require serious public and private investments, which however can be beneficial for the economy and society. Still, important challenges lie ahead that call for swift policy action. Apart from long-term planning that must start today, effective implementation of green policies is key. In this context, the paper also provides a background on behavioural barriers that should be overcome, as the lack in understanding human behaviour is at the heart of the sustainability challenge. Drawing from our recent work for Cypriot authorities, we highlight directions in which policy-making in Cyprus can be enhanced, with special attention to energy poverty.

Keywords: behavioural insights; carbon neutrality; climate policy; energy poverty; net-zero economy (search for similar items in EconPapers)
JEL-codes: H23 Q01 Q42 Q58 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2025-06
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:129620

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