Within the Global Climate Forum (GCF), Armin Haas serves as Treasurer and leads the Integrated Risk Governance research group. Since August 2023, he has been a member of the Emmy Noether research group OBFA-TRANSFORM.

His primary research interests concern the economic, ecological, and social sustainability of the financial system, with a specific focus on innovative approaches to managing and governing systemic risks and large-scale complex uncertainties. Recent contributions to the Forum include a series of historical case studies.

Armin Haas holds a Ph.D. in Economics from the University of Karlsruhe. From 2000 to 2012, he served as a Senior Scientist at the Potsdam Institute for Climate Impact Research (PIK), where he headed the Bayesian Risk Management research group. He was affiliated with the Institute for Advanced Sustainability Studies (IASS) from 2013 to 2023, where he was a member of the Systemic Risk research group.

Haas is a co-founder of the Munich Climate Insurance Initiative (MCII), where he served as Treasurer for 18 years, and a co-founder of The Compensators. Together with colleagues from PIK and IIASA, he conceived the SuperSmart Grid.

Selected Peer-reviewed Publications

Laudage Rexroth, Gregor, Armin Haas, Andrei Guter-Sandu, and Steffen Murau (2026), State Finance Beyond the Core Budget: Off-Balance-Sheet Fiscal Agencies in Germany’s Fiscal Ecosystem, Journal of Law and Political Economy

Reimer, Friederike, Andrei Guter-Sandu, Armin Haas, and Steffen Murau (2026), Schrödinger’s Off-Balance-Sheet Fiscal Agency: The Recovery and Resilience Facility and the Limits to Incremental Fiscal Integration in Europe, Journal of European Integration

Guter-Sandu, Andrei, Armin Haas, and Steffen Murau (2024), Green Macro-Financial Governance in the European Monetary Architecture. Assessing the Capacity to Finance the Net-Zero Transition, Competition and Change, online first.

Murau, Steffen, Armin Haas, and Andrei Guter-Sandu (2024), Monetary Architecture and the Green Transition, Environment and Planning A: Economy and Space, 56 (2), pp. 382-401.

Murau, Steffen, Johannes Rini, and Armin Haas (2020), The Evolution of the Offshore US-Dollar System. Past, Present and Four Possible Futures, Journal of Institutional Economics, 16 (6), pp. 767-783.

Working Papers:

Stichler, Paul and Haas, Armin and Reimer, Friederike and Murau, Steffen (2026), Credit Money Creation under Socialism. The Monetary Architecture of the German Democratic Republic, 1949–1990, OBFA-TRANSFORM Working Paper No. 13-EN.

Haas, Armin, Verena Gradinger, Andrei Guter-Sandu, and Steffen Murau (2025), Après le Déluge. Managing Balance Sheet Contraction after the First World War, OBFA-TRANSFORM Working Paper No. 8-EN, Berlin: Global Climate Forum.

Haas, Armin, Andrei Guter-Sandu, Olan McEvoy, Steffen Murau (2025), All Quiet on the Fiscal Front? Off-Balance-Sheet Fiscal Agencies in the German War Economy, 1914-1918, OBFA-TRANSFORM Working Paper No. 7-EN, Berlin: Global Climate Forum.

Reimer, Friederike, Andrei Guter-Sandu, Armin Haas, and Steffen Murau (2024) ‘Schrödinger’s Off-Balance-Sheet Fiscal Agency. The Recovery and Resilience Facility and the Limits to Incremental Fiscal Integration in Europe’, OBFA-TRANSFORM Working Paper No. 3-EN, September 2024, Berlin: Global Climate Forum.

Haas, Armin, Friederike Reimer, Andrei Guter-Sandu, and Steffen Murau (2024) ‘The Mefo Operation. A Macro-Financial Analysis of Camouflaged Sovereign Borrowing through Off-Balance-Sheet Fiscal Agencies, 1933-1945’, OBFA-TRANSFORM Working Paper No. 2-EN, August 2024, Berlin: Global Climate Forum.

Laudage, Gregor, Armin Haas, Andrei Guter-Sandu, and Steffen Murau (2024) ‘State Finance Beyond the Core Budget. Off-Balance-Sheet Fiscal Agencies in Germany’s Fiscal Ecosystem‘, OBFA-TRANSFORM Working Paper No. 1-EN, July 2024, Berlin: Global Climate Forum.

Book Chapters:

Murau, Steffen, Armin Haas, and Andrei Guter-Sandu (2025), Theorie der monetären Architektur und die Rolle des Staates in der Finanzierung der grünen Transformation, In Huhnholz, S., Sahr, A., and Weiler, E. (2025) Politische Theorien öffentlicher Finanzen Zur (De-)Politisierung von Geld, Eigentum und Steuern. Nomos.