Our figure of the month 12/2021: Buying property has become more expensive for the tenth year in a row
Wage increases cannot keep up with the increase of property prices, which means that affordability continues to decline. This is measured by the price-income ratio (PIR) and shows that in 2021, an average wage earner in Germany has to pay…
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…
Plenary Session Presentation "Modeling Climate Resilient Economic Development (CRED)" by GWS at the COP26 Side Event "4th World Symposium on Climate Change Adaptation (WSCCA 2021)"
Anett Großmann presented the CRED project, methods, tools and results at the COP26 Side Event. Excel-based E3 (economy, energy, emissions) models were developed together with partners in Kazakhstan and Georgia to quantify the…
Our figure of the month 11/2021: Share of electric cars in all passenger cars
Electric cars are the most discussed topic for the future of mobility. Almost all well-known German vehicle manufacturers are planning to switch to electric vehicles in production over the next few years. Federal and state subsidy…
Our figure of the month 10/2021: Hospitality, tourism and personal service industries with highest employment declines in 2020 due to pandemic
Loss of labour force continues to slow turnover recovery. Employment gains in online retailing, parcel delivery services and the IT sector, among others.
The pandemic has not only led to a drop in turnover in the tourism, hospitality and…
Activities of the CRED project presented at the FMM conference in Berlin
The Forum for Macroeconomics and Macroeconomic Policies (FMM) hosted the 25th FMM Conference: Macroeconomics of Socio-Ecological Transition in Berlin at the end of October. Dr. Markus Flaute, Dr. Anett Großmann and Frank Hohmann presented…
IRENA report published: 12 million jobs in the renewable energy sector in 2020
The eighth edition of the report Renewable Energy and Jobs: Annual Review was published yesterday by the International Renewable Energy Agency (IRENA). According to the report, the number of renewable energy jobs worldwide reached 12…
Climate action as an employment driver – new study on the employment effects of more ambitious climate action
The study, commissioned by Greenpeace, provides a literature review on the effects of a transition towards a green economy on the labour market. Both current effects on employment generated so far and projections up to 2030 from a variety…
Our figure of the month 09/2021: Trade flows between EU and MERCOSUR countries
After 20 years of negotiations between the EU and the MERCOSUR countries (Brazil, Argentina, Uruguas and Paraguay), agreement was reached on the trade part of the agreement on June 28, 2019. Ratification is still pending, but if the…