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OptAKlim
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MECCA
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KNOW
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FABLE India
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Clim4Vitis
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Edenhofer awarded with most prestigious environmental prize
09/02/2020 - This year’s "Umweltpreis" – the most prestigious environmental prize in Germany – goes to Ottmar Edenhofer. Deutsche Bundesstiftung Umwelt honours the Director of the Potsdam Institute for Climate Impact Research (PIK, member of Leibniz Association), and of the Mercator Research Institute for Global Commons and Climate Change (MCC), for his groundbreaking work namely in the field of carbon pricing. The award will be presented to Edenhofer by the German head of state, President Frank-Walter Steinmeier, on 25 October in Hanover.
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Shaping the energy transition together: Kopernikus project Ariadne launched
07/03/2020 - From our energy supply to the industry and the Paris climate targets, from individual sectors to the big picture: a network of leading research institutions is now starting an unparalleled research process focused on shaping the German energy transition. The Ariadne project aims at improving our understanding of the impact of different policy instruments in order to develop sound strategies for change. From the very beginning, a comprehensive dialogue between decision-makers from politics, business, and civil society will be a core part of the project.
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Direct CO2 pricing gives room for additional voluntary emissions reductions
06/30/2020- Most climate economist agree that it makes sense to put a price tag on the emission of the most important greenhouse gas carbon dioxide, CO2. The discussion primarily revolves around whether it would be better to achieve this through a tax or emissions trading. Arguments include the administrative effort involved, the signal effect for investors, and the political enforceability. A new study based on a scientifically controlled experiment now sheds light on another aspect that has barely been researched so far: the incentive effect of both options on actors who want to act morally beyond their economic interests. The study was conducted by the economists Axel Ockenfels, Peter Werner and Ottmar Edenhofer, and has now been published in the renowned journal Nature Sustainability.
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Climate research informing global finance: Scenarios can serve as yardstick for central banks’ risk assessment
06/24/2020 – Stability is at the core of central banks’ objectives. To assess climate destabilization risks, major central banks and supervisors plan to utilise climate scenarios developed by a team of researchers led by the Potsdam Institute for Climate Impact Research. These scenarios will inform the climate stress tests that central banks like the Bank of England or the Banque de France are planning to apply to the financial institutions they regulate. The work was commissioned by the “Network of Central Banks and Supervisors for Greening the Financial System” (NGFS), a group of 66 central banks and supervisors around the globe which aims to develop climate risk management in the financial sector.
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Making sense of climate scenarios: toolkit for decision-makers launched
03/06/2020 - To make climate scenarios work for decision-makers, an international team of researchers developed a comprehensive interactive online platform. It is the first of its kind to provide the tools to use those scenarios – from climate impacts to mitigation and energy options – to a broader public beyond science. The scenarios help policy makers and businesses, finance actors and civil society alike to assess the threat of global warming and ways to limit it.
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