An Effective Federal Climate Change Act Needs Leading Indicators

Daniela Fietze, Mats Kröger, Thorsten Müller and Karsten Neuhoff ()

DIW Weekly Report, 2021, vol. 11, issue 43, 327-335

Abstract: To reach the climate targets, the course towards a climate-neutral society must be set now. However, the current monitoring instruments in the Climate Change Act do not provide sufficient information to policymakers and society on the effectiveness of policy instruments and programs, as they focus exclusively on greenhouse gas reduction targets, which are subject to uncertainty. Moreover, they only allow developments to be identified with a delay and map transformative measures inadequately. The Climate Change Act should be supplemented with leading indicators to address these deficits. By providing a broader information base, leading indicators could help improve the implementation of energy and climate policy measures.

Keywords: Intermediary Indicators; Climate Policy; Climate Neutrality; Policy Monitoring; Climate Governance (search for similar items in EconPapers)
JEL-codes: H11 K32 L51 O2 (search for similar items in EconPapers)
Date: 2021
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