Short and long term labour market effects of an increase of renewable energy
The impacts on employment of an increased use of renewable energy have been assessed in the short and long run. Special focus was set on gross employment in the sectors production of plants for using renewable energy, operation and service of this sector and supply of bio fuels. In the long run, net effects for the total economy including employment have been calculated with the macro-econometric model PANTA RHEI taking negative effects like substitution and budget effects into account. The simulation model integrates energy, environmental and economic aspects in a consistent modeling framework. The model PANTA RHEI serves as a base for quantifying the effects of a business-as-usual scenario and different scenarios of a more ambitious use of renewable energy.
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New videos on the CRED project: How can climate risks and climate adaptation be integrated into macroeconomic modelling?
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has published two informative videos about the CRED project. In addition to insights into the management of climate risks…
Virtual training: Using macroeconomic models to assess the impacts of climate change and adaptation on national economies.
This training is offered to share experience from the CRED programme in piloting the development and application of such models in Georgia, Kazakhstan and Vietnam. The CRED programme developed…