In this paper we take up the challenge to integrate new aspects into macroeconomic modelling and to consider economic activities from an outcome-oriented perspective, so called functionalities. The basic idea is, that functionalities lie behind the demand for commodities and services and...

In order to meet the climate targets as set out in the Paris agreement - i.e., to stay "well below 2 °C" of global warming - a transformation of the socio-economic system towards climate neutrality is required. This transformation is connected to radical changes in most aspects of our daily...

A comprehensive restructuring of economies and a massive increase of investments in climate-friendly technologies, infrastructures, and R&D is needed for reaching the Paris targets. The EU has launched a process for greening the financial sector emphasising the need for new instruments and...