Misato Sato

I am an Associate Professorial Research Fellow and Deputy Research Director at the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science. I am also a Co-Director of the LSE Green Skills Lab, a Senior Associate at the LSE Centre for Economic Performance, a Co-Editor of the Environmental and Resource Economics journal, a DIW Fellow, and a member of the ESRC Environmental Social Science Strategic Advisory Group.

My research examines how to deliver a rapid, just low-carbon transition across firms, workers and capital markets. I study industrial decarbonisation, competitiveness and trade—estimating how carbon pricing, energy costs and global markets affect firms’ emissions, productivity, innovation and investment, and carbon leakage. I evaluate the design and effectiveness of climate and energy policies using empirical methods and microdata. In parallel, I am also interested in understanding how these shifts in production are reshaping labour markets—skills, wages, mobility, regional development and welfare — as well as capital markets — how investors perceive and price climate-related risks, including transition and climate-litigation risks, and the consequences for valuations and capital allocation. I collaborate with governments, industry, media and other stakeholders and to generate and communicate evidence that supports effective and equitable policy.

For commentaries, news about my research, media coverage, please see my LSE profile page.