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Climate and Environmental Economics

EconClim - Economics of Climate and Environmental Change Research Group

Gorup Leaders: Karl Steininger and Birgit Bednar-Friedl

The EconClim Research Group investigates the socio-economic aspects of climate and environmental change, especially on how individuals and society contribute to global climate and environmental change and how they are affected by this change. The research focuses on the options individuals and society have to adapt to as well as to mitigate climate and environmental change. The geographical focus of analysis is on the Austrian and sub-national scale, taking account of the European and the global level.


Why are we paying for climate change in Asia?

How do we free ourseffs from fossil captivity?

On-going Projects:

RTEC#1 - Low Carbon Strategies in Austria

  • ZEAFOLU - Zero emissions from agriculture, forestry and other land use in the Eisenwurzen and beyond
  • LEXAT - Legitimate Expectations and Austria’s Transformation to a Low-Carbon Society and Economy - Legitimate Expectations and Austria’s Transformation to a Low-Carbon Society and Economy
  • QUALITY - Qualitative change to close Austria´s Paris gap: Shaping the pathway
  • CLEARER - CLimate nEutrAl fREight tRansport
  • PETRA - The role of persistence in tackling Austria´s climate target: Policies for the transport sector
  • EconTrans - Embedding climate policies into deep economic transformations
  • ParisBuildings - Transition of the procurement process towards Paris compatible public buildings
  • FARECarbon - Fair and effective carbon pricing for Austria: insights from model comparison
  • SR-CL - Special report on Climate Friendly Living

RTEC#2 -Climate Policies and International Trade

  •  DK Climate Change - topic “Coping with climate change: fair burden sharing among industrialized and developing countries”
  • SENTINEL - Sustainable Energy Transitions Laboratory
  • TIPPING+ - Enabling Positive Tipping Points towards clean-energy transitions in Coal and Carbon Intensive Regions

 RTEC#3 - Adaptation Strategy Assessment

  • ATtain-O3 - Evaluating the effects of climate warming and precursor emission changes on the attainment of the Austrian ozone standard
  • COACCH - CO-designing the Assessment of Climate CHange costs
  • DK Climate Change - Projekt Thresholds
  • MacroMode- Macroeconomic Modelling of Indirect Risks for Climate Risk Management

RTEC#4 - Local Climate Risks and Resilience

  • Doktoratskolleg Klimawandel - Topic: The economics of transformational adaptation


Completed Projects

Dynamic Approaches to Global Economic Challenges

Coordinators: Karl Steininger und Jörn Kleinert

The research group seeks to understand the reasons and implications of and possible policy responses to global economic challenges. Challenges include the global economic and financial crisis, economic growth, climate and global environmental change, and socio-economic development. Methodologically we employ (stochastic) dynamic economic theory, micro- and macroeconometrics, behavioral economics, optimal control, computable general equilibrium analysis and game theory.


Environmental Economics and Public Goods

Group Leader: Michael Finus

Michael Finus is interested in all kinds of economic problems that involve externalities (spillovers) across economic agents, where coordination and cooperation would generate global welfare gains but which typically suffer from ‘free-riding’ (i.e., not everybody is contributing its fair share). He is analyzing which factors cause free-riding and how and through which measures this can be mitigated. Many of these problems relate to collective decision making and public and global governance. International and global environmental problems, like climate change and overfishing, are prominent examples.



MMag. Dr.phil.

Harald Stelzer

Research Manager

Research Management & -services
Elisabethstraße 27/II
A- 8010 Graz

Phone:+43 316 380 - 1295

Univ.-Prof. Mag. Dr.rer.nat.

Gottfried Kirchengast


Wegener Center for Climate and Global Change
Brandhofgasse 5/I
A-8010 Graz

Phone:+43 316 380 - 8431

Univ.-Prof. Dr.phil.

Lukas Meyer


Institute of Philosophy
Attemsgasse 25/II
A-8010 Graz

Phone:+43 316 380 - 2300

Univ.-Prof. Dipl.-Ing. Dr.nat.techn.

Kristina Sefc


Institute for Biology
Universitätsplatz 2/I
A-8010 Graz

Phone:+43 316 380 - 5601

Univ.-Prof. Mag. Dr.rer.soc.oec.

Karl Steininger


Wegener Center for Climate and Global Change
Brandhofgasse 5/I
A-8010 Graz

Phone:+43 316 380 - 8441

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