Assistant Professor
I am Dr Olatunji Shobande, Assistant Professor at Hartwick College. My research examines the interdependence of energy economics, climate finance, renewable transitions, and sustainability, grounded in advanced expertise in macroeconomic modelling, econometrics, and public policy. At its core, my work investigates how financial innovation, institutional governance, and dynamic optimisation may be marshalled to design equitable and durable climate transitions. This page highlights my scholarship, publications, and collaborations, each reflecting a commitment to conceptual precision and to solutions that address the structural challenges of global economic transformation.
PhD Energy Economics 2022
MSc Economics 2016
BSc Economics 2015
Negotiation and Decision Making
Leadership Resilience and Management
▸ Hartwick College, US
▸ Teesside University, UK
▸ University of Sunderland, UK
▸ University of Aberdeen, UK
▸ SFHEA: Advanced Higher Education Academy (HEA), UK
▸ CMBE: Chartered Association of Business Schools (CABS), UK
▸ Member: Royal Economic Society, UK
▸ Member: American Economic Association, US
▸ Member: International Association of Energy Economics, US
▸ Member: Energy Institute, UK
▸ Digital Trade Project - Teesside University, UK (2023)
Lead, Use Cases
▸ USCIS Exceptional Talent
▸ Climate Finance Project (UKRI), UK (2022)
Co-investigator
▸ UK Research and Innovation (2022)
Global Talent Award
▸ University of Aberdeen, UK
Post Graduate COVID19 Grant
▸ Petroleum Technology Development Fund (PTDF), (2019)
Principal Investigator
▸ Senior Research Fellowship, Teesside University (2022), UK
My research is situated at the intersection of energy economics, climate finance, and sustainability, grounded in doctoral training in economics and shaped by advanced expertise in econometrics, macroeconomic modelling, and applied public policy. It is guided by the conviction that the architecture of climate transition requires not only analytical precision but also intellectual imagination: the ability to integrate financial innovation, distributive justice, and institutional design into a coherent framework for sustainable transformation.
My agenda advances the discipline by reconceptualising finance as an active institution of climate governance rather than a neutral mechanism of capital allocation. The first axis of my scholarship interrogates the foundations of Energy, Environmental, and Climate Finance, examining instruments such as green and climate bonds, carbon markets, catastrophe insurance, transition finance, ESG strategies, biodiversity finance, sustainability-linked loans, derivatives, and impact investment. I recast these not as simple vehicles of capital mobilisation but as institutional mechanisms of resilience that internalise environmental externalities, recalibrate incentives, and embed long-horizon commitments into financial markets.
The second axis advances Business Sustainability, encompassing circular economy finance, sustainable supply chains, corporate disclosure, sustainable innovation, and stakeholder-centred governance. Here, I propose a novel view of sustainability as endogenous to corporate value rather than exogenous to profitability. By embedding stewardship, transparency, and ethical governance into strategic design, firms can strengthen long-term competitiveness while fulfilling societal responsibility.
The third axis investigates Renewable Energy and Just Transition Finance, focusing on solar, wind, hydrogen and green fuels, grid modernisation, storage, and equitable transitions. This research links clean-energy financing to the ethical imperative of justice, ensuring that technological diffusion is aligned with fairness, inclusivity, and resilience, particularly for vulnerable communities disproportionately exposed to climate risks.
Complementing these applied fields, my work in Macroeconomic Modelling and Econometrics employs DSGE and OLG frameworks, fiscal and environmental taxation, and advanced econometric methods to evaluate climate policy and transition risks. This methodological integration strengthens the credibility of policy evaluation, illuminating intertemporal trade-offs and collective action dilemmas with empirical grounding.
Associate Editor, Sustainability
Associate Editor, Journal of Risk & Financial Management
Reviewer, Research Policy
Reviewer, Energy Economics
Reviewer, Journal of Environmental Management
Reviewer, Technological Forecasting and Social Change
Reviewer, Renewable Energy and Sustainable Review
Reviewer, Resource Policy
Reviewer, Nature Journal
Reviewer, Structural Change and Economic Dynamics
Reviewer, International Review of Economic & Finance
Reviewer, Business Strategy & Environment
238 Golisano Building
Hartwick College
Oneonta, NY 13820
607-431-4889
Monday & Wednesday: 2:00-4:00 PM
Or by appointment