The International Centre for Research on the Environment and the Economy (ICRE8) is a nonprofit private Research Centre dedicated to interdisciplinary research on sustainable development and management of the Environment, Energy, Economy, Eco-innovations and their electronic versions (hence E8). The overarching goal of the Centre is to promote the understanding and implementation of Sustainable Development, as the only non-self-destructive path of socio-economic development.

Central to the mission of ICRE8 is the pursuit of excellence in conducting and presenting research, and a commitment to exploring relevant environmental, natural resources and energy issues, for a variety of circumstances and stakeholders and across different temporal and spatial scales. In particular, ICRE8 focuses on developing structured and methodologically sound approaches to recognizing, demonstrating and capturing the Total Economic Value of public goods and services, and integrating them in long-run cost benefit analysis, in order to inform sound and sustainable management tools and policy making, while recognizing the interdisciplinary nature of the challeng

The Centre’s research expertise includes financial analysis, socio-economic and econometric analysis, environmental valuation, political and institutional analysis, integrated environmental-economic modeling, cost-benefits analysis, multi-criteria analysis, life cycle analysis, risk analysis, geographical information systems, multi-stakeholder mediations techniques, game theory, information technologies and decision making tools development.


Prof. Dr. Phoebe Koundouri is the Founder and Scientific Director of ICRE8. The ICRE8  Strategic Planning Board is the strategic decision maker of the Centre. Seats on the board are given to institutions and foundations, private partners and world recognized thinkers on issues relevant to the interaction of society-economy-natural resources. At the moment the members of the Strategic Planning Board are: Dr. Oliver Adler (Global Head of Economics & Real Estate, Private Bank & Asset Management Research, Credit Suisse AG), Professor Ian Bateman, OBE (Director, SCERGE), Professor Graciela Chichilnisky (Columbia University), Professor Sir Partha Dasgupta (Frank Ramsey Professor Emeritus of Economics, University of Cambridge), Professor Christian Gollier (Director, Toulouse School of Economics - TSE), Professor Kristis Hassapis (Associate Professor, Department of Economics, University of Cyprus), Professor Phoebe Koundouri (ICRE8, AUEB, LSE), Professor Anil Markandya (Distinguished Ikerbasque Professor & Former Scientific Director, BC3), Dr. Angelos Tsichrintzis (Attorney-at-law).


The research in ICRE8 is structured around 4 Research Departments:

Sustainable Development Solutions
Head: Andreas Papandreou
Academic Manager: Dr. Achilleas Vassilopoulos
Administrative Manager: Klea Morianou
Website: www.unsdsn.gr

Economics and Econometrics: Modelling and Applications
Head: Prof. Nikitas Pittis

Stakeholder Analysis and Decision Support Systems
Head: Dr. Ebun Akinsete

Energy, Economic Policy and Regional Cooperation
Head: Dr. Stella Tsani

ICRE8‘s core research group consists of 36 researchers and is complimented by 41 associated researchers in Greece, Europe, the USA, and Asia and Australia. In addition, a big number of research students and internships also support the research at ICRE8.


ICRE8 is reinforcing the Research Team on Socio-Economic and Environmental Sustainability (ReSEES) work with an exceptionally successful record of attracting funding for long and short run research projects: eleven research projects over less than two years of operation, six of them Horizon 2020 projects.

Relevant Details available below:
ICRE8 Projects
ReSEES Projects

ICRE8 hosts SDSN-Greece, the Greek chapter of the United Nations Sustainable Development Solutions Network (UN SDSN-Greece), together with the Political Economy of Sustainable Development Lab (PESD) of the National and Kapodistrian University of Athens (NKUA). ICRE8,  SDSN-Greece, PESD, the Research Team on Socio-Economic and Environmental Sustainability (ReSEES) of the Athens University of Economics and Business (AUEB) and Athena Research and Innovation Center,  form a cluster of leading research institutes, with a strong commitment to research related to the environment, climate change, energy, sustainability, and innovation, with an exceptional record in attracting research funding, achieving successful completion of influential projects with explicit policy interventions, and producing numerous academic and popular publications.

ICRE8 regularly organizes a number of high level events throughout the year. Relevant Details available here: ICRE8 Events

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