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Our Focus
To grow or not to grow?
Over the past few years, the concept of Green Growth has become increasingly influential as a potential solution to tackling global ecological breakdown. However, in academia, it is strongly contested by proponents of Post-Growth and Degrowth, criticizing Green Growth’s central assumption that economic growth in the global North can be sustained while bringing humanity’s ecological footprint back into planetary boundaries.
Time for a New Paradigm
Macroeconomic thinking and policies set the incentives for many other policy areas, consumers, firms and other research disciplines. It provides a framework for decisions on which investments will be carried out, which form of energy will be used in the future and how the transition will be financed. We claim it is necessary to make macroeconomics fit for a climate-neutral future. This includes considering climate-related issues in all macroeconomic decisions and discussing the appropriate policy tools to make this transition happen in an efficient and socially fair manner.
Experimental Innovation Policy
Green innovation is the basis for facilitating structural change towards greener and cleaner economies. The current debate on how to promote green innovation most effectively delineates the conflict-line between market-based instruments versus state-led policy instruments for the development of green technologies.
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