Searcher
Julián Cubero
Julián Cubero
BBVA Research - Lead Economist

J. Julián Cubero has been Lead Economist of the Economics of Climate Change Cluster at BBVA Research since March 2020. The area deals with the study from the point of view of economic analysis of environmental sustainability and the impacts resulting from climate change, both by physical factors and the transition to a low greenhouse gas emissions economy.

Previously, J. Julián Cubero has been at BBVA Research: Spanish economy Chief Economist (October 2006-December 2008), Chief Economist-Macroeconomic Analysis of Mexico (January 2009 -August 2012), Chief Economist-Economic Scenarios (September 2012-May 2016) and Chief Economist for Economic Modeling and Long-Term Analysis area (June 2016-February 2020).

J. Julián Cubero holds a degree in Economics - Quantitative Economics - from the Universidad Autónoma de Madrid.

Latest publications

In the face of increasing evidence of the consequences of human-caused climate change, inaction is not an option. Climate mitigation and adaptation policies must be further promoted, including appropriate incentives to finance investment needs of uncertain estimation.
Climate investment needs depend on both the definition of what is needed and the reference scenario for climate change. All in all, for keeping “net zero” within the realm of possibility there is a funding gap to close by both public and, mainly, private sources. Appropriate incentives for private funding are key.
The cost of capital is vital for renewable energy projects due to high investment needs, policy uncertainty, and early-stage risks. De-risking strategies can lower costs, particularly in developing economies. However, for emerging cleantech, these strategies must balance innovation and competition.