Economic consultancy specializing in macro-econometric modelling for energy, climate, and land-use policy impact assessment across Europe.
Cambridge Econometrics is an independent economic consultancy specializing in macro-econometric modelling and policy impact assessment. They build and run large-scale economic models to evaluate the costs, benefits, and socio-economic consequences of energy, climate, and land-use policies across Europe. Their core contribution to research consortia is quantifying how proposed interventions — from energy efficiency measures to agricultural policy reforms — ripple through national and regional economies. They translate complex climate and environmental scenarios into economic language that policymakers and businesses can act on.
Central to their role in MONROE (socio-economic impacts of R&I), REFEREE (econometric model for energy efficiency), LANDMARC (macro-econometric modelling of land use), TRANSrisk (cost-benefit of climate pathways), and ENABLE.EU (energy choices).
Contributed to REFEREE (multiple impacts of energy efficiency), ENABLE.EU (energy choices drivers), HY4ALL (hydrogen economy benefits), and SIM4NEXUS (energy-water-food nexus).
TRANSrisk focused on transition pathways and risk analysis; LANDMARC on land-use based mitigation; SIM4NEXUS on climate-resource nexus modelling.
BESTMAP applied agent-based modelling to agricultural policy impacts; LANDMARC combined land use modelling with macro-econometric approaches including BECCS and agro-forestry scenarios.
MONROE modelled socio-economic impacts of research and innovation; TECHNEQUALITY examined technological inequality and its social consequences.
REFEREE explicitly used technology diffusion models; ENABLE.EU examined drivers of energy technology adoption at individual and collective levels.
In 2015–2018, Cambridge Econometrics focused on classic climate economics — cost-benefit analysis of mitigation and adaptation pathways (TRANSrisk), hydrogen economy promotion (HY4ALL), and energy transition drivers (ENABLE.EU). From 2019 onward, their work shifted toward land-use systems, agricultural policy modelling, and the non-energy benefits of efficiency measures, with projects like BESTMAP, LANDMARC, and REFEREE introducing agent-based modelling, biophysical modelling, and earth system model integration. The trend is clear: they moved from pure economic modelling toward interdisciplinary approaches that combine econometrics with ecological and biophysical models.
Cambridge Econometrics is expanding from traditional macro-economic modelling into hybrid approaches that integrate biophysical, ecological, and agent-based models — making them increasingly relevant for projects that need to bridge natural science and economic policy analysis.
Cambridge Econometrics operates exclusively as a consortium partner, never as coordinator — consistent across all 9 projects. With 103 unique partners across 30 countries, they function as a trusted modelling specialist that large consortia bring in for economic impact quantification. Their wide network and non-competing consultancy status make them an easy partner to integrate: they provide a specific analytical capability without overlapping with academic or industrial partners.
They have collaborated with 103 distinct partners across 30 countries, giving them one of the broadest networks for an SME of their size. Their reach spans all major EU research nations, with no visible geographic concentration — they go where the policy modelling need is.
Cambridge Econometrics occupies a specific niche: they are one of very few private-sector firms that maintain proprietary macro-econometric models (notably E3ME) purpose-built for energy-environment-economy analysis at European scale. Unlike academic modelling groups, they operate commercially and can commit to project timelines and deliverables with consulting-grade reliability. For consortium builders, they solve the common problem of needing rigorous economic impact modelling without depending on a university group's competing priorities.
