This study offers insights into the institutional arrangements established to coordinate policies aiming at the mitigation of and adaptation to climate change. Drawing on the literature on policy design, we highlight institutional arrangements as elements of policy design spaces and contend that they fall into four categories that either stress the political or problem orientation of this activity: ...
In the absence of globally coordinated action to combat climate change, governments are concerned that ambitious carbon pricing could harm the competitiveness of emission-intensive industries. A prominent measure to prevent that manufacturing producers relocate to countries with laxer environmental regulation are carbon border adjustments often referred to as carbon tariffs. Several studies have...
By Wolf-Peter Schill and Alexander Roth This page provides a brief overview of the current status of all indicators included in the Ampel-Monitor Energiewende. More detailed methodological explanations and data sources can be found on the homepage of the Ampel-Monitor and in the introductory DIW Weekly Report 27/2022. All underlying data are also available in the Open Energy Tracker, where they are ...
The Frankfurt School – UNEP Collaborating Centre, the German Institute for Economic Research, and Justus-Liebig-University Gießen jointly conduct research on scenario analysis as a tool on the path to climate neutrality. The three-year project SATISFY will produce insights into how investors, firms, and regulators can use scenario analysis in the climate transformation of business models in carbon...
The Climate crisis is hurting the people who have the least resources and voice. Climate action is urgent, and must be well designed to deliver a fair transition globally, as the recently published International System Change Compass (ISCC) describes. After the G7 summit and before the political summer break the German Institute for Economic Research (DIW Berlin) and the Open Society...
Until the Russian war in Ukraine and its strong effects on the re-organisation of energy flows in Europe, it seemed a consensus that fossil assets will become stranded within the coming decades due to ever more stringent climate policy. Therefore, investments in such assets should be avoided as early as possible. With the newly awakened focus on energy security, the insurance aspect of redundant...
The debate about making investments and the financial sector more sustainable often focuses on a narrow distinction between "green" and "brown" assets that does not match the situation in the real economy, writes Franziska Schütze from the German Institute for Economic Research (DIW). The sustainable finance expert says journalists need to read between the lines and make the many colours visible to ...