News from 2022-09-08 / KfW Research

GDP forecasting and greenhouse gas emissions – an integrated approach

The Annual Economic Report 2022 of the German Federal Government recommends focusing more rigorously on the consequences of economic activity, particularly for the environment and climate. We propose a simple approach for systematically integrating the expected greenhouse gas emissions into our economic forecast for Germany. It currently indicates that greenhouse gas emissions will drop in 2022 and 2023, albeit less than intended. The approx. 38 million t CO2 equivalent in average annual emissions exceeding the target level are practically equal to the total GHG emissions of Slovakia in the pre-pandemic year 2019.

GDP forecasting and greenhouse gas emissions – an integrated approach

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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.