Energy Policy Brief for Kazakhstan published in the CRED project
The e3.kz macro-econometric model for Kazakhstan developed jointly by GWS and our partners in Kazakhstan has been applied to quantify the economy-wide impacts of climate change adaptation. The results for the energy sector have now been published in a Sectoral Policy Brief. In this brief, the effects of the measures “expansion of underground powerlines” and “deployment of wind power and energy efficiency improvements in the housing sector” were investigated. The results show that these measures reduce climate change induced costs in the energy sector while benefitting both the energy sector and the whole economy.
More information on the CRED project can be found here.
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Our figure of the month 05/2022: Strong increase in timber prices due to rising global demand, supply bottlenecks and trade embargoes
Forestry and sawmills benefit
After both raw wood prices and industrial producer prices for wood in Germany stagnated for years or declined from mid-2018 to the end of 2020, they have since…
New Paper published on macroeconomic impacts of climate change on the Blue Economy sectors of southern European islands
This paper presents a model-based assessment of the macroeconomic impacts of climate change on the Blue Economy of Southern European islands for different climate scenarios until the end of…
Our figure of the month 02/2022: The bicycle boom is catching on with commuters – 10% have taken up cycling or e-bikes since the pandemic
Shares of cars and public transport declining
In Germany, millions of working people commute between home and work every day. Despite the past two Covid years, the trend toward commuting is…