GCF Working Paper 1/2016:
The Possibility of Green Growth in Climate Policy Analysis Models – a Survey

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by Sarah Wolf, Franziska Schütze, Carlo C. Jaeger

Investment-oriented climate policy: An opportunity for Europe

GCF Report

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. Read more

The systemic risk of a late and sudden transition

New working paper in ESRB report

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.

Earlier analyses of the British Central Bank and the G20 Financial Stability Board have already raised this issue. In parallel, the “divestment” movement, which calls for the withdrawal of public and private funds from coal, oil and gas companies has further gained momentum worldwide. Read more