FEEM-ICCG Global Climate Forum parallel session “On the macroeconomic opportunity of climate policy”
09:00 - 18:00
So far, climate policy is mostly seen as causing a reduction in consumption and growth. However, it is possible to design mitigation and adaptation policy in a way that benefits macroeconomic conditions such as GDP growth, employment, public budgets balance, etc.
This session explores how one can make climate policy an opportunity. It aims at answering the following questions: how can climate policy stimulate the necessary investments for a low carbon transformation of the economy (renewable energy supply, efficiency in buildings, transport & industry, IT, education, etc)? How can it anticipate future adaptation needs? How can one achieve a low carbon economy and at the same time ensure social and economic goals like employment and growth? And what are the instruments needed for analysing these questions?