BC3. Basque centre for climate change – Klima aldaketa ikergai

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Ambika Markanday

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Ambika Markanday


Short CV

Ambika works on economic and behavioural aspects related to climate change adaptation, with a particular focus in cities. She received a BSc in Environmental Science from the University of Manchester in 2011 and an MSc in Economics and Policy of Energy and the Environment from University College London in 2014. In 2020, she obtained her PhD on the economics of climate change adaptation and decision-making in cities from the University of the Basque Country (UPV/EHU).

Ambika has been with the Basque Centre for Climate Change for 4 years working on various research projects, including the H2020 projects ECONADAPT, RESIN and COACCH and the Gobernadapt project (funded by the Basque Cooperation Agency).

Journal Articles

  • 2024
  • Markanday, A., Lliso, B., Sorman, A.H. 2024. Investing in Nature: Assessing the Effects of Monetary and Non-Monetary Valuations on Decision-Making. Ecological Economics. 219. DOI (10.1016/j.ecolecon.2024.108135).
  • 2022
  • Markanday, A., Kallbekken, S., Galarraga, I. 2022. The power of impact framing and experience for determining acceptable levels of climate change-induced flood risk: a lab experiment. Mitigation and Adaptation Strategies for Global Change. 27. (2) DOI (10.1007/s11027-021-09989-8).
  • 2021
  • Markanday, A., Galarraga, I. 2021. The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour. Climate Risk Management. 34. DOI (10.1016/j.crm.2021.100359).
  • Markanday, A., Markandya, A., De Murieta, E.S., Galarraga, I. 2021. Accounting for the effects of employment, equity, and risk aversion in cost-benefit analysis: An application to an adaptation project. Journal of Benefit-Cost Analysis. 12. (2) 313-334-334. DOI (10.1017/bca.2020.32).
  • 2019
  • Markanday, A., Galarraga, I., Chiabai, A., Sainz de Murieta, E., Lliso, B., Markandya, A. 2019. Determining discount rates for the evaluation of natural assets in land-use planning: An application of the Equivalency Principle. Journal of Cleaner Production. 230. 672-684-684. DOI (10.1016/j.jclepro.2019.05.107).
  • Markanday, A., Galarraga, I., Markandya, A. 2019. A CRITICAL REVIEW of COST-BENEFIT ANALYSIS for CLIMATE CHANGE ADAPTATION in CITIES. Climate Change Economics. 10. (4) DOI (10.1142/S2010007819500143).

BC3 Working Papers & Policy Briefings

The opinions expressed at the information included in the personal web pages of the BC3 researchers, are responsibility of the authors and do not necessarily reflect the position of Basque Centre for Climate Change (BC3).







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