Partner Haakon Vennemo has published research in Climate and Development

Partner Haakon Vennemo in Vista is a coauthor of the research paper "Prevent or Repair – Experimental Evidence from providing incentives for climate resilient housing in Vietnam". The paper is available here.

Vietnam is exposed to storms and typhoons, and the frequency may increase in the years ahead as climate change intensifies. Low-income households have poor housing with low resilience to storms. The paper discusses a randomized control trial (RCT) in the city of Danang. The participants were low-income households, and were divided into three groups. All groups received architectural help and advice on how to build storm-proof homes. Group two also received a loan on relatively favourable terms. Group three had part of the loan converted into grants. The analysis shows that grants are needed to sufficiently motivate households. However, the grants are not large, and the signal effect may be the most important factor in converting parts of loans into grants.