Die jüngste klimawissenschaftliche Forschung zeigt, dass Kipppunkte im Erdsystem sehr viel näher sind als lange angenommen. Diese Revision hat weitreichende Folgen. In diesem Hintergrundpapier zeichnen wir den aktuellen wissenschaftlichen Erkenntnisstand über Kippelemente im Erdsystem knapp...

We investigate whether climate activism favors pro-environmental consumption by examining the impact of Fridays for Future (FFF) protests in Italy on second-hand automobile sales in rally-affected areas. Leveraging data on 10 million automobile transactions occurring before and after FFF...

The transition to a renewable heating system poses extraordinary policy challenges to societies in Europe and beyond. Many buildings are heated decentrally, which makes broad public acceptance essential. As governments may be held responsible for perceived policy impacts on individuals,...

Two phenomena are increasingly reshaping the world economy. One is the growing and well-documented importance of climate transition policies that differ across countries. The other is the stark rise of geoeconomic fragmentation (GEF) concerns. While differences in climate transition policies are...

As climate changes and natural disasters intensify, the threat of human displacement increases. This paper studies carbon taxation in the presence of international climate displacement. After providing evidence on the migration response to disasters, forced climate migration is introduced into a...

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

Geopolitics is an overarching characteristic of much of this outlook for the key themes in the global energy economy in 2025. The start of Donald Trump’s second term in the White House will herald new pressures to multiple layers of the global economy, from trade to labour, monetary policy to...

Various stakeholders are increasingly encouraging companies from the real economy to adopt measures facilitating their transition towards carbon neutrality. In this context, companies are expected to implement forward-looking strategies and climate-related reporting practices using scenario...

› Diese Studie vergleicht verschiedene Datenquellen, die zur Analyse der Arbeitsmarktdynamiken im Kontext der digitalen und grünen Transformation in Österreich eingesetzt werden können. Der Fokus liegt auf den jeweiligen Möglichkeiten, Berufe, Kompetenzen, Skills und Tätigkeiten...

This paper explores the global economic and climate spillovers of the European Union Emissions Trading System (EU ETS), leveraging exogenous variations in carbon prices identified through a carbon policy surprise series. Findings reveal that higher EU carbon prices lead to significant and...

Diese Studie vergleicht verschiedene Datenquellen, die zur Analyse der Arbeitsmarktdynamiken im Kontext der digitalen und grünen Transformation in Österreich eingesetzt werden können. Der Fokus liegt auf den jeweiligen Möglichkeiten, Berufe, Kompetenzen, Skills und Tätigkeiten abzubilden....

The Inflation Reduction Act (IRA), passed under the Biden administration in August 2022, is the biggest US climate bill to date. Its focus on subsidy-driven decarbonization incentives marks a potential turning point in US industrial policy and might prevent its repeal under the upcoming Trump...

The climate change crisis makes Paris Alignment of the transport sector one of the most pressing development challenges. Transport emissions are rising at a higher rate in low- and middle-income countries (LMICs) than in high-income countries. However, the current climate finance landscape for...

This note describes Carbon Monitor Cities 2.0, a new approach to near-real-time monitoring of city-level greenhouse gas emissions from various sectors without the need for local data collection. With support from the City Climate Finance Gap Fund, the World Bank piloted this approach for 11...

Lowering carbon intensity in manufacturing is necessary to transform current production technologies. We test if local agents’ preferences, revealed by vote shares for the Green party during local elections in Germany, relate to the carbon intensity of investments in production technologies....

We examine the relationship between capital structure and carbon intensity in manufacturing firms using a novel dataset that combines information from the EU Emission Trading System with firm-level financial accounts. Our findings indicate that higher financial leverage is associated with lower...

We assess how changes in the scientific consensus around equilibrium climate sensitivity (ECS), as captured by the IPCC’s Fifth (AR5) and Sixth (AR6) Assessment Reports, impact policymakers’ willingness to take climate action. Taking the IPCC’s reports at face value, the ECS estimates in...

Europe • Germany must once again see itself as an important part of and a leading nation within the EU. The new German government should consistently think and act in a European way on foreign trade issues. • Only a strong EU single market can compete on equal terms with the USA and China....

While climate change is widely considered as a major challenge for societies, another pressing global environmental problem, i.e. the loss of biodiversity, is often given less attention despite its strong negative consequences for ecosystems and thus for human life. In light of the strong...

Moderne Gesellschaften sind bewegungsintensiv, die wirtschaftlichen Verteilungsspielräume werden durch eine systematische Absenkung des Widerstandes des Raumes realisiert. Im Mittelpunkt steht dabei die Verkehrsinfrastruktur für den Personen- und Güterverkehr. Während in den Sektoren...

Das Pariser Klimaabkommen sieht vor, die globale Erderwärmung auf unter 2êC gegenüber dem vorindustriellen Niveau zu begrenzen. Eine Herausforderung, deren Erfolg von der internationalen Kooperation der Mitgliedsstaaten abhängt und noch in weiter Ferne liegt. In diesem Policy Brief zeigen...

Im Jahr 2000 verabschiedete die rot-grüne Koalition das Erneuerbare-Energien-Gesetz (EEG) und betrachtete Deutschland damit als internationalen Vorreiter im Bereich der erneuerbaren Energien. Im März 2024 initiierte die Ampelkoalition das Förderprogramm Klimaschutzverträge und sah darin...

Vor dem Hintergrund der europäischen Klimaschutzziele und der Herausforderungen der nationalen Energiewende- und Klimapolitik hat die Bundesregierung 2023 mehrere Gesetzesvorhaben vorangetrieben. Während die Reform des Gebäudeenergiegesetzes ("Heizungsgesetz") und das damit verbundene Gesetz...

Dieses Papier gibt erste Impulse aus einem laufenden Projekt zur Gesamtbetrachtung der Belastungswirkung von Klimapolitik für private Haushalte. Die größten unmittelbaren Belastungen sind bei Gebäudewarme und Verkehr zu erwarten. Auf Basis verschiedener Analyseperspektiven erscheinen im...