The Global Climate Forum initiates and performs high-level research on climate change.





GCF @ COP23 in Bonn: discussing green growth and how to turn climate risks into opportunities

The Global Climate Forum e.V., the University of Zurich and IIASA, together with partners from several joint H2020 research projects, are organizing 4 side events during the second week of COP23 in Bonn.

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GCF and the DOLFINS Consortium replied to the EU consultation on Sustainable Finance

The EU High-level expert group (HLEG) on Sustainable Finance has invited all citizens to provide feedback to their Interim report via a non-technical questionnaire by Sept. 20th. The DOLFINS Consortium has followed this request, and published a summary of these responses which you can find here.




Framing 1.5 C - Turning an investment challenge into a green growth opportunity

New GCF working paper published

Our new working paper wants to contribute to the special report on the impacts of average global warming of 1.5°C above pre-industrial levels that the Intergovernmental Panel on Climate Change (IPCC) will produce in 2018. In contrast to a classical perspective on climate policy, which focuses on costs, our paper proposes a win-win framing: The 1:5C scenario should be seen as an opportunity for the world to achieve a Great Transition to green growth. Since the latter combines ecological, economic and social aspects of development it is closely linked to and shows synergies with the idea of sustainable development as described by the Sustainable Development Goals. With this article, the authors outline the investment needs of such a scenario and the mechanisms that can turn this challenge into a green growth opportunity, e.g. technical progress and a re-coordination of expectations.

The paper can be downloaded here: GCF_WorkingPaper2-2017




Green investment and coordination failure: An investors' perspective

New GCF working paper published

The goal to keep global warming well below 2°C can only be achieved if private investors shift capital from brown to green infrastructures and technologies. In this working paper, we present a game-theoretic perspective on the transition from brown to green growth. We perceive investment for mitigation as a coordination problem of selecting among multiple equilibria. We discuss how uncertainty in such a "green investment game" could be reduced in order to coordinate actors on the Pareto-superior equilibrium.

The paper can be downloaded here: GCF_WorkingPaper1-2017




Press release of the Global Climate Forum

A climate stress-test of the financial system

An article, published in the journal "Nature Climate Change" on March 27th 2017. The authors, Stefano Battiston, Antoine Mandel, Irene Monasterolo, Franziska Schütze and Gabriele Visentin, have developed a “climate stress-test” of the financial system. The analysis looks beyond the fossil fuel and utility sector, by including energy-intensive sectors as well as indirect effects, and it differentiates between different types of investor.

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Webinar: why and how to respond to the EU CMU consultation

The EU project DOLFINS is hosting a webinar on 9 March, setting out the most important reasons why organisations should respond to the consultation on the Capital Markets Union Mid-Term Review (CMU MTR) (open until 17 March 2017)…

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Price Dynamics Via Expectations, and the Role of Money Therein

New GCF working paper published

This working paper investigates a very basic macro-economic model with a non-equilibrium price dynamics based on expectations and learning. It shows that in such a model - even if made as simple as possible - there is a need for some kind of money in the system. The role of money in the system's temporal evolution is discussed.

The paper can be downloaded here: GCF_WorkingPaper3-2016




Concepts of Stakeholder Involvement in Science
Evidence from Sustainability Research

New GCF working paper published

This working paper substantiates previous qualitative work on stakeholder involvement in science with evidence from practice. Through a web-based survey among scholars and researchers engaged with sustainability or transition research in Germany and internationally, current stakeholder involvement practices are systematically evaluated.

The paper can be downloaded here: GCF_WorkingPaper2-2016





Zagreb, May 23rd, 2016,
Representation of the European Commission in Croatia,
House of Europe, Ulica Augusta Cesarca 4

The EU and the Balkans are becoming ever strongly interwoven. With Croatia being
the newest EU member and Serbia, Albania, the former Yugoslav of
 Macedonia (FYROM) and Montenegro being candidate countries…

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GREEN-WIN Project Website Launched

The GREEN-WIN project has launched a new website to support knowledge transfer and sharing of resources around "Green Growth and Win-Win Strategies for Sustainable Climate Action".

The GREEN-WIN project is a major international transdisciplinary research collaboration applying a solution-oriented approach targeted at increasing the understanding of links between climate action and sustainability and overcoming implementation barriers through win-win strategies.

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Press release of the Global Climate Forum

Adaptation requires overcoming social conflicts

A Perspective article, published by the Global Climate Forum in the journal Nature Climate Change, highlights that overcoming social conflicts associated to shared resources will be key in adapting to the impacts of climate change. The article shows that decades of research on the commons, resources belonging to or affecting entire communities and most well-known through the work of Nobel Prize winning economist Elinor Ostrom, has accumulated promising ways forward for societies to overcome such conflicts.

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The possibility of green growth in climate policy analysis models.
New GCF working paper published

This working paper reviews modelling works that find economic benefits of climate change mitigation possible - a prerequisite for analysing green growth with the help of economic models. The paper can be downloaded here: GCF_WorkingPaper1-2016





Investment-oriented climate policy:
An opportunity for Europe

This study shows that an investment-oriented climate policy based on credible climate goals can overcome the increasingly threatening stagnation of the European economy. Since other strategies to tackle the crisis are noticeably losing their plausibility, a constructive debate on this issue is urgently needed.

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The systemic risk of a late and sudden 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 ( 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)

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):

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.

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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...




GCF @ COP23 in Bonn: discussing green growth and how to turn climate risks into opportunities

The Global Climate Forum e.V., the University of Zurich and IIASA, together with partners from...

go to Archive ->



GCF and the DOLFINS Consortium replied to the EU consultation on Sustainable Finance

The EU High-level expert group (HLEG) on Sustainable Finance has invited all citizens to provide...


Green investment and coordination failure: An investors' perspective

The goal to keep global warming well below 2°C can only be achieved if private investors shift...

go to Archive ->
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