Objective
The transformation of European economies towards greenhouse gas neutrality (net-zero transition) will require active engagement from enterprises and companies. Firms will need to contribute a substantial share of the investment required for the green transition but currently fail to sufficiently engage. In Germany, for example, a yearly amount of 120 billion Euros of firm investment are needed to achieve the climate goals for 2045 - with actual investment meeting less than half of that in 2021. While increasingly recognized as a fundamental hurdle for reaching the EU’s climate goals, this problem is still underrepresented in academic research. This project seeks, first, to understand barriers to firms’ climate investment and their interactions and, second, to determine the best policies to remove these barriers. The methodological approach concentrates on computer-based modelling of the economy. The early climate-economy models focused on CO2 pricing as main policy instruments. A second line of research focused on developing green technologies concentrating on green innovation subsidies. This project is part of a newly emerging strand focusing on barriers for climate investment at the firm level. This project contributes to this state-of-the-art research agenda by (i) identifying different barriers to investment and their interactions in the data (concentrating on financial barriers and biased beliefs), (ii) building an economic computer-based model which satisfies the empirical findings and represents the variety of firms in great detail and (iii) performing computer-based experiments to identify the best policies for removing barriers to firms’ climate investment. For the researcher, this project will strengthen the researcher’s academic foundation as a quantitative macroeconomist with an environmental economics specialization. Like this, it substantially contributes to the successful application for assistant professor positions on the academic job market.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2025-PF
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
5037 AB Tilburg
Netherlands
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.