Maximilian Banning studied economics at the University of Münster which he graduated as Master of Science in 2017. At the center of his studies were econometrics and empirical economics as well as microeconomics.

Since August 2017 Maximilian Banning is working at GWS’s department of Energy and Climate. His research focuses on the economic effects of climate policy decisions and the analysis of international trade flows. The primarily model-based studies range from the socio-economic effects of renewable energies to carbon price-driven global production shifts and questions of resource consumption.

In particular, the evaluation of employment effects using input-output models is a focus of his work. In recurring projects since 2021, Mr. Banning has been responsible for analyses of global employment through the expansion and use of hydropower. He also develops national models that are used to estimate the economic effects of climate change mitigation and adaptation in Georgia, Uganda and Algeria.

Research Interests

Energy transition

International trade and supply chains

Macroeconometric modelling

Data Science

Input-Output Analysis

Projects of Maximilian Banning

CRED II: Extension, update, and capacity building on e3. models in Georgia and Kazakhstan
Policy dialogue and knowledge management on climate protection and adaptation strategies in Mongolia and Uganda
Energising EU Cohesion
Mesurer les impacts sociaux et sur l'emploi des politiques NDC à l'aide du modèle d'évaluation des emplois verts (GJAM)
Scientific support to current discussions on sustainable resource use – national, European and international level
Integrated Assessment of the UN Sustainable Development Goals (SDGs) in Transformation Pathways towards a Resource-Efficient and Greenhouse-Gas-Neutral Germany (FKZ 3721 31 101 0, ReFoPlan)
The contribution of economic instruments to achieving climate mitigation targets: The role of government energy price components in the instrument mix
Weltweite Beschäftigung durch den Ausbau und die Nutzung der Wasserkraft
Policy Dialogue and Knowledge Management on Low Emissions (DIAPOL-CE) – Climate-economy modelling in Algeria and Uganda
Scenarios climate study - Bavarian Business Council for the Future
Low Carbon Leakage
Modelling employment effects of climate-fiscal policies, developing a dynamic MRIO price model
Digitalisation and natural resources
Models to analyse international interrelations of the EU ETS
Policy advice for climate-resilient economic development
Energy-economy modelling with renewable energy scenarios
Analysis of German exports and imports of technology goods for the use of renewable energy and other energy technology goods
Reconsidering the Role of Energy and Resource Productivity for Economic Growth, and Developing Policy Options for Capping Macro-Level Rebound Effects
Local economic development through renewable energy projects in Algeria
Prioritization and assessment of value-chains within the Renewable Energy Sector in Lebanon
The Socio-Economic Impacts of Renewable Energy and Energy Efficiency in Egypt: Local, Value, Employment and Capacity Building

Publications of Maximilian Banning