Climate change could become the most important driver of biodiversity loss by mid-century
04/26/2024 - Whereas global biodiversity has declined between 2 and 11 percent during the 20th century due to land-use change alone, climate change could become the main driver of biodiversity decline by the mid-21st century. That is the result of the largest modelling study of its kind by more than 50 scientists from over 40 institutions now published in the journal Science. The study was led by the German Centre for Integrative Biodiversity Research (iDiv), with contribution of the Potsdam Institute for Climate Impact Research (PIK).
Read More
Securing competitiveness of energy-intensive industries through structural change: The pulling power of renewables
04/23/2024 - Countries with limited potential for renewables could save up to 20 percent of costs for green steel and up to 40 percent for green chemicals from green hydrogen if they relocated their energy-intensive production and would import from countries where renewable energy is cheaper, finds a new study by the Potsdam Institute for Climate Impact Research (PIK). This ‘renewables pull’ would create strong incentives for businesses to invest in low-emission production facilities in these renewable-rich countries. Renewable-scarce countries could put all focus on down-stream production and refinement as the smart way to secure industrial competitiveness.
Read More
38 trillion dollars in damages each year: World economy already committed to income reduction of 19 % due to climate change
04/17/2024 - Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19 % until 2050 due to climate change, a new study published in “Nature” finds. These damages are six times larger than the mitigation costs needed to limit global warming to two degrees. Based on empirical data from more than 1,600 regions worldwide over the past 40 years, scientists at the Potsdam Institute for Climate Impact Research (PIK) assessed future impacts of changing climatic conditions on economic growth and their persistence.
Read More
Transforming energy, land use, production and consumption to safeguard Global Commons
03/22/2024 - Transforming energy, land use, production and consumption is key to safeguard Global Commons and to keep them within the safe space of the planetary boundaries. This is the result of the new Global Commons Stewardship report with contribution of researchers from the Potsdam Institute of Climate Impact Research (PIK) and PIK Director Johan Rockström. It delivers an integrated assessment of the effects of those transformations and how they interact with each other.
Read More
Not in my backyard? Wind turbines have little effect on US property values
03/19/2024 - The value of houses in the United States within a wind turbine’s viewshed drop only slightly and temporarily due to the disrupted view, a new study published in the Proceedings of the National Academy of Sciences (PNAS) shows. The effect is smaller the further away the recently installed turbines are, and fades over time. The researcher’s findings shed light on the dynamics between renewable energy infrastructure and local property values, providing valuable insights for sustainable and community-friendly energy development.
Read More
Edenhofer on the presentation of the German government's Carbon Management Strategy
02/26/2024 - Federal Minister for Economic Affairs and Climate Action, Robert Habeck, recently presented key points for a Carbon Management Strategy and a draft law based on it to amend the Carbon Dioxide Storage Act as well as the key points for a Long-term Strategy for Negative Emissions to deal with unavoidable remaining emissions. Ottmar Edenhofer, Director of the Potsdam Institute for Climate Impact Research (PIK), was invited to the launch of the concepts and analysed them from a scientific point of view.
Read More
Electrification or hydrogen? Both have distinct roles in the European energy transition
02/16/2024 - A key step to achieving climate neutrality in the European Union is to rapidly shift from fossil fuels to electric technologies powered by renewable energies, a new study shows. At the same time, hydrogen produced from electricity will also be indispensable in hard-to-electrify sectors such as aviation, shipping and chemicals. By 2050, electrification and hydrogen are the key strategies to reach climate neutrality based on renewable power. Future EU transformation scenarios modeled by scientists from the Potsdam Institute for Climate Impact Research PIK investigate the roles of electrification and hydrogen and find that shares of 42-60% for electricity and 9-26% for hydrogen-based energy are required in total energy consumption by 2050.
Read More
Transforming food systems could create multi-trillion dollars of economic benefits every year
01/29/2024 - Transforming food systems around the world would lead to socio-economic benefits summing up to 5 to 10 trillion USD a year, shows a new global policy report produced by leading economists and scientists of the Food System Economics Commission (FSEC). The most ambitious and comprehensive study of food system economics so far underlines that food systems are currently destroying more value than they create and that an overhaul of food system policies is urgently needed. On the other hand, the cost of transformation would be much lower than the potential benefits, offering a better life to hundreds of millions of people.
Read More
EU climate Advisory Board: EU needs to significantly accelerate its emission reductions
01/18/2024 - More efforts are needed across all sectors to achieve the EU climate objectives from 2030 to 2050, states a new report by the European Scientific Advisory Board on Climate Change (ESABCC). Specifically, the report “Towards EU climate neutrality: progress, policy gaps and opportunities” identifies main gaps in the EU’s post-2030 climate policy, with providing a stable investment outlook for renewables and the revision of the EU energy taxation as pressing issues.
Read More
Real progress, yet transition away from fossil fuels too vague: PIK Assessment on COP28 closing
12/13/2023 - After two weeks of negotiations, the UN climate summit COP28 in Dubai closed. More than 70.000 people from all over the world took part in the conference focused on the first Global Stocktake of climate plans and further steps for international climate action from 30 November to 13 December. Among them were PIK Directors Ottmar Edenhofer and Johan Rockström.
Read More
10 New Insights in Climate Science at COP28: Rapid fossil fuels phase-out crucial for minimising 1.5°C overshoot
12/03/2023 - Today, global experts in social and natural sciences have unveiled the annual 10 New Insights in Climate Science report. The report represents the efforts of 67 leading researchers, including several scientists from the Potsdam Institute for Climate Impact Research (PIK), to synthesize the latest insights in climate change research in order to help inform negotiations at the ongoing COP28 and policy implementation through 2024 and beyond.
Read More
A fifth higher: Tropical cyclones substantially raise the Social Cost of Carbon
11/23/2023 - Extreme events like tropical cyclones have immediate impacts, but also long-term implications for societies. A new study published in the journal Nature Communications now finds: Accounting for the long-term impacts of these storms raises the global Social Cost of Carbon by more than 20 percent, compared to the estimates currently used for policy evaluations. This increase is mainly driven by the projected rise of tropical-cyclone damages to the major economies of India, USA, China, Taiwan, and Japan under global warming.
Read More
More new fossil gas heating systems, only tentative progress: energy transition update
11/22/2023 - Reduced fossil fuel consumption due to the energy crisis, tentative positive signs in the expansion of renewable energy capacities, electric cars and heat pumps – but all this is not happening fast enough, according to new figures from the Ariadne Transformation Tracker. Moreover, the German energy transition is not yet on track when it comes to phasing out fossil fuels in the heating and transport sectors. Instead of the necessary decline, there has been a clear increase in the sale of new cars with combustion engines and new gas heating systems compared to the previous year.
Read More
Land taxation can reduce wealth inequality
11/14/2023 - Taxing land instead of capital could reduce the widening gap between rich and poor in societies, finds a new study from the Potsdam Institute for Climate Impact Research (PIK). A team of scientists shows that, in a world of rising inequality, shifting the tax burden away from capital to land taxation could restore balance and promote economic growth. Especially people with little or no wealth could benefit from land taxes, for example in the form of less rapidly rising housing costs. The few municipalities, that have implemented land rent taxation so far, have used it to finance public transport, among other infrastructure investments.
Read More
2023 year of record extremes: new report
10/24/2023 – In 2023, anomalies like high temperatures, ocean-warming and more frequent wild fire events have reached unprecedented records until now, shows a new report by an international team of researchers, among them Johan Rockström, Director of the Potsdam Institute for Climate Impact Research (PIK). The scientists find that these records weaken the Earth’s vital signs and warn that the increasingly frequent occurrences of climate-related could possibly endanger life on Earth by the end of this century if business is continued as usual.
Read More
Diabetes, dementia, depression: Adapting fuel taxes could benefit people’s health
10/13/2023 - The health benefits from walking and cycling are so significant that they should be included in fuel tax design, shows of a new study published in the journal Economica. Optimal fuel tax rates would increase by 44% in the US and by 38% in the UK if the costs for the health system that arise from too little exercise were taken into account. The revenue could be used for low-carbon transport or to compensate affected households to build support for sustainable transport.
Read More
“Shaping European environmental policy”: Ottmar Edenhofer on ENDS Europe Impact List
10/09/2023 - Ottmar Edenhofer, Director of the Potsdam Institute for Climate Impact Research PIK and the Mercator Research Institute on Global Commons and Climate Change (MCC), is one of the 30 EU politicians and professionals who have played a significant role in shaping the European environmental policy over the past two years. For the first time, ENDS Europe, a European environmental policy news service, has compiled a list of the stakeholders who shape EU environmental policy through their important work.
Read More
Getting expectations right more relevant than getting prices right: Credibility is key for policies to achieve net zero targets
09/18/2023 - For net-zero policies to be successful, it is key that they succeed in shaping the expectations of private investors that long-term targets are firm. This is the result of new research by scientists at the Potsdam Institute for Climate Impact Research (PIK) and Resources for the Future and the International Monetary Fund (IMF) published today in Nature Climate Change.
Read More
More economic struggle, less care about the environment
09/15/2023 - When international trade hurts people economically, they care less about environmental issues, finds a new study published in the journal Nature Climate Change. An international team of scientists shows that economic shocks drive trade-exposed groups more doubtful towards climate change, leading to a withdrawing support for sustainable and green policies.
Read More
Climate extremes hit stressed economies even harder
08/30/2023 - Economies already under stress respond more strongly to weather events like heat waves, river floods and tropical cyclones, a new study shows. A global economic crisis as during the Covid-19 pandemic strongly amplifies the price increases private households experience from the impacts of weather extremes, a team of researchers from the Potsdam Institute for Climate Impact Research (PIK) finds. The price impacts tripled in China, doubled in the United States and increased by a third in the European Union.
Read More
John Schellnhuber new Director General at IIASA
08/02/2023 - PIK Founding Director Hans Joachim (John) Schellnhuber will take over the position of Director General at the International Institute for Applied System Analysis (IIASA) in Laxenburg near Vienna on 1 December 2023. His great expertise in the field of climate change has earned him worldwide recognition.
Read More
New series of talks by the Federal President on transformation opens with Ottmar Edenhofer
07/11/2023 - At the start of a new series of talks at Bellevue Palace, Federal President Frank-Walter Steinmeier discussed ways to achieve climate neutrality with PIK Director Ottmar Edenhofer and Christine Benner, the Second Chair of IG Metall. The "Forum Bellevue on the Transformation of Society" focuses on social issues of the future, profound upheavals and changes in Germany.
Read More
Six decades and more than 1600 regions worldwide: New database on economic development and climate change
07/03/2023 - A new Database Of Sub-national Economic Output (DOSE) for the first time provides sub-national economic data for six decades and more than 1600 regions worldwide matched with climate observations. Developed by experts of the Potsdam Institute for Climate Impact Research (PIK) and the Mercator Research Institute on Global Commons and Climate Change (MCC) the database aims to o better understand the implications of global warming on regional economic development and the true costs of climate change.
Read More
Worse than diesel and gasoline? Bioenergy as bad as fossils if there is no pricing of CO2 emissions from land-use change
06/26/2023 - Demand for modern biofuels is expected to grow substantially in order to mitigate climate emissions. However, they are far from being a climate neutral alternative to gasoline and diesel. A new study in Nature Climate Change shows that under current land-use regulations, CO2 emission factors for biofuels might even exceed those for fossil diesel combustion due to large-scale land clearing related to growing biomass. Before bioenergy can effectively contribute to achieving carbon neutrality, international agreements need to ensure the effective protection of forests and other natural lands by introducing carbon pricing, the expert team from the Potsdam Institute for Climate Impact Research (PIK) argues.
Read More
EU climate Advisory Board recommends ambitious 2040 climate target and urgent transitions
06/23/2023 - The European Scientific Advisory Board on Climate Change (ESABCC), established by the European Climate Law, recommends in a new report EU emission reductions of 90–95% by 2040, relative to 1990, grounded on a science-based assessment addressing both fairness and feasibility.
Read More
Greentech Honorary Award for Johan Rockström
06/21/2023 - Johan Rockström, Director of the Potsdam Institute for Climate Impact Research PIK, has been awarded the "Special Achievement Award" by the Greentech Festival. The Earth system scientist received the honour for his commitment and leadership in his field.
Read More
Berlin-Brandenburg Academy of Sciences and Humanities appoints Ottmar Edenhofer
06/19/2023 - Climate economist Ottmar Edenhofer has been appointed to the Berlin-Brandenburg Academy of Sciences and Humanities (BBAW). The Director of the Potsdam Institute for Climate Impact Research and the Mercator Research Institute on Global Commons and Climate Change was admitted to the academy during Leibniz Day 2023 in recognition of his outstanding scientific achievements.
Read More
PIK expertise at "Leibniz in the Bundestag"
05/26/2023 - From hydrogen to the EU climate goals, from moorland protection to the animal welfare tax: researchers from the Potsdam Institute for Climate Impact Research (PIK) were represented across all research areas with numerous topics at "Leibniz in the Bundestag". With this political format, the Leibniz Association annually offers members of the German Bundestag one-on-one discussions with scientists.
Read More
New framework from “Efficiency first” to “Decarbonization first” in European building sector needed
05/25/2023 - In addition to costly renovations, many inexpensive measures exist to facilitate the diffusion of renewables in the building sector. As of 2019, buildings were responsible for about a third of European GHG emissions. A key objective of EU energy use policies to reduce these emissions should therefore be focused on the decarbonization of buildings, beyond merely decreasing energy demand. This is stated in a new Commentary published in the journal Joule by a team of researchers from the Potsdam Institute for Climate Impact Research (PIK) and Fraunhofer Institute for Solar Energy Systems (ISE).
Read More
Climate change risk to price stability: Higher average temperatures increase inflation
05/24/2023 - Increased average temperatures could drive up annual food and headline inflation by up to 1.18 percent by 2035, a new ECB working paper with PIK expertise shows. This effect persists over 12 months in rich and poor countries alike, making climate change an important economic factor for price stability.
Read More
