The systemic risk of a low-carbon transition

Is the international financial system at risk, if policy and markets react too late and too abruptly to climate change? A report, published yesterday by the European Systemic Risk Board (ESRB) “Too late, too sudden: Transition to a low-carbon economy and systemic risk” tries to find answers to this question.

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PolicyOracle: Predicting Outcomes of Key Policy Indices

Your expert opinion on macroeconomic indicators considered by policy makers to shape policies in Europe? The SYMPHONY European research project (http://projectsymphony.eu/) implemented an online market simulation called PolicyOracle to monitor your expectation changes about key policy indices in real time.

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Simpol Project: Crowdsourcing for Transparency in the 2030 Climate and Energy Framework

Strongly influenced by lobbying activities, the EU took a step back on some of its climate targets within the 2030 framework for climate and energy policy. With the SIMPOL project, we are developing a new collaborative tool to identify the interests at stake in the complex negotiation process between different national- and EU institutions.

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Press release of the Global Climate Forum

IPCC sea-level rise scenarios not fit purpose
for high-risk coastal areas

The sea-level rise scenarios of the Intergovernmental Panel on Climate Change (IPCC) do not necessarily provide the right information for high-risk coastal decision-making and management, according to new research involving scientists from the Global Climate Forum in Berlin.

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Op-ed by the Global Climate Forum

Climate Finance and Sustainable Economic Recovery

published on Handelsblatt Online (September 23, 2014)
> www.handelsblatt.com/meinung/gastbeitraege/gastbeitrag-zum-klimagipfel-wie-gute-klimapolitik-die-konjunktur-anschieben-kann/10742108.html

by K. Toepfer, J-C. Hourcade, M. Aglietta, C. Jaeger

The day before this year’s UN General Assembly, September 23, its secretary general will host a UN climate summit in New York. President Obama will attend a meeting taking place in his country but key countries like China, India, Russia as well as the EU and Germany will not be represented by their top leaders. This is one more sign of the mismatch between dramatic rhetoric on global climate change and ineffective action in global climate policy.

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Op-ed by the Global Climate Forum and Germanwatch

Don‘t save, educate!

recently published on Zeit Online (September 10, 2014):
> http://www.zeit.de/wirtschaft/2014-09/jugendarbeitslosigkeit-europa-bildung

by Carlo C. Jaeger, Christoph Bals, Klaus Milke

If Europe wants to tackle youth unemployment, it has to strengthen the vocational education in its member states. But that’s not enough: The Union needs to create incentives for companies and funds to invest in sustainable infrastructure.

Read more…





Press release of the Global Climate Forum

The Way Forward in International Climate Policy: Key Issues and New Ideas 2014

The Climate Strategies - CDKN publication with the chapter of Carlo C. Jaeger is now published.

> View and download PDF





Press release of the Global Climate Forum

Climate change threatens to cause trillions in damage to world's coasts, if coastal regions do not adapt to sea-level rise

Coastal regions may face massive increases in damages from storm surge flooding over the course of the 21st century. According to a new study published in the Proceedings of the National Academy of Sciences, global average storm surge damages could increase from about 10-40 billion USD per year today to up to 100,000 billion USD per year by the end of century, if no adaptation action is taken. 


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Germany and Europe: Towards a New Growth Path?

December 11, 2012

Energy Sector Transition – German Madness or an Opportunity for Growth?

Germany has decided to phase out nuclear energy and to transform its energy sector into one based on renewable energy. On the one hand, this decision can be viewed as a purely political one. On the other hand, it can be regarded as a potential source of economic growth with innovation and technological advances, which may increase energy efficiency and general productivity.

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First Open Global Systems Science Conference

November 8–10, 2012
Brussels, Belgium

The aim of the Conference is to contribute to the development of Global Systems Science (GSS). The study of problems as diverse as global climate change and global financial crises is currently converging towards a new kind of research – Global Systems Science.

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Chief economist meets …
Thomas Straubhaar!

June 19, 2012

A public debate on new economic thinking

Thomas Straubhaar, Director of the Hamburg Institute of International Economics, has expressed massive criticism of an economic orthodoxy that he himself represented for a long time.

For the first time, the two discussed the need for new economic thinking in a public debate.

Watch the video here!



An agent-based model of growing economies: Download Lagom generiC 2.0: 

Lagom generic is an agent based model for representing economic systems – the economy of Germany, the Mediterranean Region, the world – over a time horizon of one to several decades.

Please find further instructions on how to run the model here.


Download Lagom Package:


(Please note that Java 1.5 or higher must be installed.)

More about Lagom...




The systemic risk of a low-carbon transition

New working paper in ESRB report Is the international financial system at risk, if policy and...


PolicyOracle: Predicting Outcomes of Key Policy Indices

Your expert opinion on macroeconomic indicators considered by policy makers to shape policies in...

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