Publications

Deutschland befindet sich inmitten einer Zeitenwende. Geopolitische Umbrüche, technologische Disruptionen und die Notwendigkeit einer umfassenden Dekarbonisierung stellen das historische Erfolgsmodell des Industriestandorts vor enorme Herausforderungen. Gleichzeitig belasten...

Structural transformation is often framed as an economic and technological challenge. Yet its success may ultimately be decided at the ballot box. Drawing on unique microdata covering all federal regional development programs in Germany, this study provides the first causal...

For the fourth consecutive year, the Sustainability Transformation Monitor provides in-depth insights into the state of sustainability transformation – both in the real economy and the financial sector. The focus is on the interaction between the two worlds: How can green...

The EU’s second Emissions Trading System (ETS2) will apply a uniform carbon price to fossil fuels used in buildings and road transport, affecting around half of the EU’s 188 million house-holds that rely on fossil heating. At a likely entry carbon price of 60 EUR/t CO₂,...

ETS2 will introduce uniform EU-wide carbon pricing for heating, affecting about half of all households across the Union. Using a synthetic EU population of 188 million households, this study shows that most can absorb the additional costs, but a significant minority faces...

Global uncertainties, geopolitical tensions, technological upheavals, and ecological crises are challenging the German economy as rarely before. The Bertelsmann Stiftung's new study, “Competitiveness and Resilience Despite the Crisis,” shows that in order to survive in the...

While the costs associated with sustainability reporting are relatively easy to quantify and feed directly into public debates, the potential medium- to long-term benefits that reporting can unlock are difficult to grasp for most decision-makers within companies.

With this...

While the costs associated with sustainability reporting are relatively easy to quantify and feed directly into public debates, the potential medium- to long-term benefits that reporting can unlock are difficult to grasp for most decision-makers within companies.

With this...

Climate change and geopolitical tensions render supply shocks more likely, which can trigger inflation Additionally, the EU’s emissions trading system can give rise to volatile carbon prices, potentially causing inflation. Through simulations using an input-output price...

Monetary and financial stability constitutes one of several building blocks for a Sustainable Social Market Economy. Climate change, however, threatens both price and financial stability. This poses substantial challenges for central banks worldwide.

To effectively address...