Sustainable development, climate policy, and biodiversity conservation are examples of issues on the current political agenda in many countries. These themes are also subject to economic research, and economic insights are increasingly finding their way into the design of environmental policy. Still, the reception of academic findings by policy makers as well as the timely identification of policy-relevant questions by economic researchers often seem to be problematic. This volume attempts to vitalise the exchange between policy makers and academics. It offers a snapshot of environmental economic research on a range of policy-relevant problems. Academic contributions are complemented by views of policy makers on priority fields in environmental policy, the usefulness of academic research for decision making, and requirements to applied research in the future.

Constructing Meaningful Sustainability Indices.- A Framework for Indicators to Monitor the EU Sustainable Development Strategy.- Measuring Corporate Sustainability Performance and Its Impact on Corporate Financial Performance.- Impact Assessment and Sustainability.- Should Environmental Policy Discriminate Between Exposed and Sheltered Sectors?.- Ecological-Economic Models for Improving the Cost-Effectiveness of Biodiversity Conservation Policies.- Vision, Analysis, and Future Pathways in Transport Research.- Transportation and the Environment - Perspectives for Future Research.- Research Issues in Transport Economics: Dynamics, Integration, and Indirect Effects.- Traffic and Environment: Policy Maker's Response.- Liberalised Energy Markets - Do We Need Re-Regulation?.- Energy Markets - Research Issues and Policy Needs.- An Agenda for Energy Policy - An Element of Innovation Policy.- Energy Market Regulation: Impacts of EU Research.- Why Is Economic Theory Ignored in Environmental Policy Practice?.- On the Political Economy of Economic Policy Advice - With Applications of Environmental Policy.- Insights in Political Processes on the Ecological Tax Reform from a Ministerial Perspective.