Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/275823 
Year of Publication: 
2023
Series/Report no.: 
DIW Discussion Papers No. 2048
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
Various stakeholders are increasingly encouraging companies from the real economy to adopt measures facilitating their transition towards carbon neutrality. In this context, companies are expected to implement forward-looking strategies and climate-related reporting practices using scenario analysis aligned with scientific evidence and credible pathways to net zero carbon emissions. This paper examines the potential of scenario analysis as element for transitioning to net zero. We review and compare eight existing economy and sector level climate neutrality studies for Germany that were published between 2019 and 2021, analysing their respective applicability as a science-based reference scenario for companies to strengthen strategy development and forward-looking reporting practices. Using the logical framework approach, we assess relevant transition indicators like technologies, energy and resource efficiency, carbon pricing, and other steering instruments for the building and energy-intensive industry sectors. These indicators serve to measure progress towards climate neutrality and could be included as a crucial component in transition plans. We find that, although modelling approaches for the studies differ, they often converge on similar results that can partially be translated to indicators at the firm level and, thereby, may serve as reference scenario for their transition planning.
Subjects: 
Climate Change
Scenarios Analysis
Decarbonization
Sustainability Reporting
Transition Plans
Sectoral Pathways
Building Sector
Energy-Intensive Industry Sector
JEL: 
G32
M41
M48
L52
L61
L85
Q51
Q58
Document Type: 
Working Paper

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