Environmental and Climate Economics

The Research Department “Environmental and Climate Economics” investigates the role that individual and collective human behaviour, markets and institutions play in the emergence and solution of environmental problems. We focus in particular on issues of climate change and sustainable energy supply.

As experts in assessing the economic impacts of climate and energy policies, we develop and design options for economic policy measures that are ecologically effective, economically efficient, socially balanced and viable.

Using an empirical and theory-based scientific approach, we work to understand cause-effect relationships. In doing so, we draw on methods of applied economic theory, econometrics as well as behavioural and experimental economic research.