Policy, strategy and economics

Insights for the complex environmental landscape

Evidence-based policy analysis on global environmental challenges

Our team of internationally recognised policy, economics and environmental experts have extensive experience in helping governments and international organisations to navigate the complex and ever-changing policy landscape. 

From policy and needs analysis, in-depth modelling through to evaluating policy impact recasting and cost-benefit analysis, we offer a full range of consulting services to support your objectives. 

Ricardo can support you with all your environmental policy, strategy and economic needs, helping you make informed decisions and drive positive change for the environment.

Business Case And Feasibility

Policy, strategy and economic capabilities

Our team of experts provide the support to develop policies and strategies that demonstrably reduce the impacts of climate change. We'll suport you with problem analysis and needs assessment, definition of policy objectives and the related intervention logic development, identification of alternative future policy options, and position paper preparation.

We have decades of experience in supporting governments and organisations across the full life cycle of effective policy implementation. Our experts will support you in identifying the right resources, skills, and organisations to support your policy implementation. Our expertise includes managing implementation risks, developing pilot and demonstration programmes, and creating effective policy communication strategies and tactics.

Our policy experts and leading digital data modeling provide policy agenda setting insights that help governments and organisations stay ahead of future climate change challenges. Our evidence-based approach provides valuable insight into the challenges and opportunities of climate change. We leverage horizon scanning, research, powerful modelling and stakeholder consultation to identify emerging policy issues.

We support you to unlock the power of data-driven decision making with our expert development of decision matrices and assessment frameworks. We provide evaluation of the environmental, social, and economic impacts of alternative policy options, and model the projected future impacts against a defined baselines. Our experts help you make informed decisions for a sustainable future.

Our experts provide a robust approach to assess the effectiveness of existing policies and measures. Services include rapid evidence assessment, policy monitoring and impact assessment, cost-benefit analysis, and stakeholder consultation and engagement. We enable governments to understand the effect of their policies and evolve them to create impactful solutions.

Modelling the transition - 30 years of policy modelling

Ricardo's experts provide model-based assessment of the energy, macroeconomic and climate implications of energy, climate and sustainable development policies. We support policy analysis by employing detailed large-scale applied scientific models. These models are used to make projections and analyse complex issues requiring system wide considerations while providing support for energy and climate policy analysis.

By taking advantage of the vast experience of our experts in market design and regulation and power-gas economics, based on our dedicated power and gas markets economic and technical models we provide consulting services to power and gas companies, relevant associations, potential investors and regulators. Our tools enable analysis of the implications of policy interventions, the introduction of new market players, development of new transmission infrastructure and interconnectors on the operations of these markets and assess the economic performance of potential investments in generation and supply under a very wide range choice of assumptions via the elaboration of complex scenarios with short, medium- or long-term prospects. 

We provide powerful digital modelling, combined with expert insights for the entire energy system to support critical infrastructure changes towards a low-carbon future. Our solutions is a comprehensive world energy model with innovative features for addressing future uncertainty in the availability of energy resources. The model produces projections of energy demand by sector (industry, domestic, transport), power generation (representing about 25 technologies), renewable energy sources, and hydrogen supply and use.  The model also produces forecasts of energy prices. 

We build advanced macroeconomic models that capture the inter-dependencies of all economic agents at a global scale. Our economic models are provides details on the macro-economy and its interaction with the environment and energy systems. The insights provided by our models allows for a consistent comparative analysis of policy scenarios through enabling the economic systems to remain in equilibrium.  

Economic development has significant effects on the environment, our powerful digital modelling solutions enable robust estimates of the impacts on emissions, pollutants and resources and compute the impacts of shifting towards a more sustainable development. Our solutions model the impacts of both individual policies and combinations of policies on each sector of the economy. This provides detailed projections of energy demand, supply, prices and future investment covering the entire energy system. An important attribute of our models is the combination of behavioural modelling and engineering aspects, covering all energy sectors and markets. 

Our specialist policy and modelling experts design and manage macro-economics and energy modelling capacity research projects for customers around the world. 

Ricardo Digital Modelling For Marco Economic Energy Policy Nexus
Policy, strategy and economics


Policy, strategy and economics


Helping you understand the challenges facing agriculture and implement sustainable solutions that deliver effective results.

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Ricardo supports utilities, mining, resources, healthcare and the public sector to develop, deliver and manage their projects and assets.

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Providing expertise to support your chemical operations and sustainable growth.

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Complementary measures that solve air quality problems and help mitigate carbon emissions and ensure a vibrant and livable city for your residents. 

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World-leading environmental, energy and policy modelling to create a safe and sustainable world.

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We work with businesses to maximise benefit and avoid risks on their sustainability journey.

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Ricardo provides impartial evidence and analysis underpinning environmental policymaking throughout the policy life cycle.

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Ricardo's strategic consultancy services enables our clients to navigate complexity in a disrupted world.

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Ricardo's strategic consultancy offering enables our clients to navigate complexity in a disrupted world.

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Ricardo offers world-class technical consulting services to enable our customers to get the most from their products and services in the energy, transportation and manufacturing sectors.

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We can support your organisation with scientifically robust and high quality approaches to energy transition to deliver you value across a wide range of areas.

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Technical insights and analysis from Ricardo experts.

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Case studies

Assessing the future market share of alternative fuelled marine power systems to 2050

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Discover our latest policy news

Read the latest news about our policy and economics experts in action

News and insights
Factory Smoke Coming Out Chimney

Ricardo supports European Commission’s environmental legislation proposals

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Scenario Modelling Tool Website

Ricardo appointed by Defra to develop and maintain UK Air Quality Emissions Scenario Modelling Tool

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Milan Smog

Ricardo air quality expertise to help European Commission reduce premature deaths from air pollution

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Meet the experts

Casullo Lorenzo New Photo Nov 20

Lorenzo Casullo

Technical Director, Sustainable Transport Area Manager

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Forster D

Dan Forster

Environmental Economics Manager

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Sujith Kollamthodi

Sujith Kollamthodi

Strategy, Innovation and Sustainable Transport Director

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Our policy experts and economists are passionate about delivering impactful support to governments and private sector. Contact us to discuss how we can support you.