Ozdemiroglu E.Uyar T.S.Papa T.2024-03-132024-03-1320222195-1284https://doi.org/10.1007/978-3-031-05125-8_10https://hdl.handle.net/20.500.12662/2963Increasing recognition that environmental and social risks have economic consequences (and indeed causes) is encouraging but it is not sufficient. The action to address such risks is lagging behind. We believe economic analysis can be a powerful tool in supporting such action if it is put to good use. By good use, we mean an economic analysis that includes all factors that affect human wellbeing recognising that these are not limited to the market economy and financial returns. The risks we are now facing, like climate change, are too big for a single discipline or policy to deal with. We need to work across disciplines, ministries and businesses. We believe using a broader economic framing can help by pooling different types of data to understand most appropriate actions. As well as conceptual discussions about economic analysis, we share examples of renewable energy policy from the United Kingdom and the Republic of Turkey. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.eninfo:eu-repo/semantics/closedAccessBook Chapter10.1007/978-3-031-05125-8_102-s2.0-85141205014287N/A27387