Mark has extensive consulting experience having commenced his career with one of the 'Big Four' professional services corporations. He joined CEPA just after the firm's formation and has played a leading role in driving our growth from start up to our position as a premier international economic consultancy.
Mark Cockburn joined CEPA as a director in 2002 after gaining more than a decade’s experience in the consultancy practice of PricewaterhouseCoopers (PwC) in London. A Cambridge University educated economist by background, he has developed significant expertise from working on economic, competition, regulatory policy and finance issues in both developed and emerging markets.
CEPA’s clients benefit from Mark’s senior input and direction across the all the firm’s areas of practice. Leading multiple project teams, he has ultimate responsibility for the quality of the work delivered to clients. Therefore, he actively contributes to the methodology, analysis and challenges findings to ensure that CEPA’s work provides some of the best economic and policy advice that is available.
Mark has advised governments, regulators, private companies and investors about a broad range of significant, multi-billion pound matters. In particular, he is recognised as a pre-eminent advisor with regard to the design of innovative financing facilities and other investment vehicles for the delivery of infrastructure services. In addition, Mark has significant experience in the energy sector. Most recently he has been involved in several aspects of Ofgem’s RIIO-2 transmission and distribution networks price reviews.
Leading the firm’s strategic development, Mark works closely with clients, CEPA’s Board, other directors and staff to ensure that adequate resources and the right expertise is available to clients across the firm’s global offices. He has a first class BSc (Hons) in Economics and Politics (Bristol) and a MPhil in Economics (Cantab).
Recent News & insights
Expert from Ofcom appointed to bolster CEPA’s advisory services for the communications sector
We are pleased to announce the appointment of Dr Chris Doyle as a senior advisor to our communications, media and payment systems practice. Dr Doyle will commence working with CEPA on 1 March 2022.
CEPA recognised as one of the UK’s leading management consultants
Following another year of providing high-quality advice to our clients across our core sectors, we are grateful for the positive feedback from the market, which has led to CEPA’s inclusion in the Financial Times’ independent ratings report.
The new Build Back Better (B3W) initiative
In light of the recent announcements from the G7 regarding the B3W initiative, we have prepared a briefing note that focuses on how G7 countries can mobilise private finance for infrastructure in lower and middle income countries.
Evaluation of ‘Innovation Link’ Ofgem’s innovation support programme
The Innovation Link is Ofgem’s main support programme for innovators looking to launching novel propositions. It offers regulatory guidance as well as trials and derogations, contributing to an enabling and adaptive regulatory environment to benefit consumers and support the UK’s transition to net zero.
A new approach to the financing of public infrastructure
A major impact of COVID-19 has been a significant increase in the amount of borrowing by the UK government. This will likely have reduced the fiscal headroom available to the government to deliver its desire to ‘level up’ through an expansive infrastructure programme.
African Development Bank (AfDB) launches report to support investment into the African energy sector
AfDB and the Sustainable Energy Fund for Africa commissioned a consortium led by CEPA, to assess the availability of local currency finance for sustainable energy projects and the obstacles developers face in tapping into local financial and capital markets.
Global Infrastructure Hub publishes guidance on infrastructure banks
Guidance has been published to assist governments interested in establishing, or reforming, a national infrastructure bank or a similar financing facility.
A guidance tool for National Infrastructure Banks and related facilities
We developed a reference tool which examined areas where National Infrastructure Banks could play a catalytic role.
Mobilising finance for infrastructure in Sub-Saharan Africa & South Asia
Our research for DFID highlighted the need for public institutions to create bankable infrastructure projects to unlock funds available from the private sector.
Financing UK infrastructure
Our review of private financing for infrastructure contributed to the national infrastructure debate on what role the public and private sectors should have in developing...
Strategic support to the Private Infrastructure Development Group
We advised the Private Infrastructure Development Group (PIDG) to focus on addressing project development constraints and facilitate local currency finance under its new Five-Year Strategic Plan.
Global Infrastructure Hub Consultation
A draft guidance note developed by the Global Infrastructure Hub in collaboration with CEPA, has been published for consultation.
RIIO-1 price control framework and performance review
Ahead of the RIIO-2 price controls, Ofgem wanted to gather insights on the outcomes of the RIIO-1 regulatory framework. At the end of 2017, the regulator commissioned CEPA to review the RIIO price control framework applied to the first set of RIIO price controls.
Expert advice on cost of capital issues in the telecoms sector
We provided expert advice to Ofcom on cost of capital issues in the telecoms sector.
Open Access funding for publication system in Switzerland
CEPA was asked by the Swiss National Science Foundation (SNSF) to recommend a funding model that would allow for a complete transition to an Open Access (OA) publication system in Switzerland by 2020-2024.
Financing the Universal Postal Service
We have helped Ofcom (and previously Postcomm) think through how best to ensure that Royal Mail is able to deliver the Universal Service in a financially sustainable manner.
Economic assessment of the Future Charging Model for cheque processing
Cheque and Credit Clearing Company (C&CCC) appointed CEPA to provide an economic assessment of the proposed funding and charging methodology for this new Image Clearing System (ICS).
Review of Leased Lines Charge Review Model
CEPA were asked by Ofcom to carry out a review of its 2016 Leased Lines Charge Control modelling developed for the purpose of setting charge controls for the three years from 2016/17 to 2018/19.
Support to higher education institutions during negotiations with publishers of academic journals
CEPA provided support to the JISC Collections to help them conduct negotiations on behalf of the UK's higher education institutions.
Modelling the economics of academic publishing for the Publishing Research Consortium
CEPA was commissioned for a study on the economics of academic publishing.
Review of Digital Terrestrial Television decision for TV3
CEPA advised privately owned television channel TV3 on competition issues related to transmission charges for Digital Terrestrial Television (DTT)...
Review of financial models for Postcomm
Postcomm asked CEPA to review two of its financial models, to improve their robustness and confidence in their results. One of the models was to be published, making it particularly important that the model was well-designed and reliable.