Macroeconomic impacts of the low carbon transition in Belgium
The ‘Scenarios for a low carbon Belgium by 2050’ show that several pathways can be followed to reach a reduction of the greenhouse gas emissions by 80 to 95% (see below). But what are the socio-economic impacts of such scenarios?
In order to answer this question, the federal Climate Change Service has asked the researchers of CLIMACT, the Federal Planning Bureau, Oxford Economics and Prof. Bréchet (UCL) to analyse the macro-economic impact of these scenarios on growth, competitiveness, employment and co-benefits.
The results of this study are available:
- A summary of the main results
- The full report
- The technical annexes of the report (Main results, Hermes modelling, GIEM modelling, Opeera IO modelling, Literature)
Scenarios for a low carbon Belgium by 2050
Several pathways can be taken to reduce greenhouse gas emissions by 80% to 95% in 2050 within Belgian territory: various technological choices can be made, various changes in behaviour can be prompted and various contexts must be anticipated.
In order to understand and analyse these possibilities, the Federal Climate Change Service commissioned a study by CLIMACT and VITO.
The results of this study entitled ‘Scenarios for a low carbon Belgium by 2050’ are available in 2 forms:
A sophisticated calculator
In order to be able to build different low carbon scenarios for Belgium and to analyse some of their impacts, a sophisticated calculator has been developed. It was based on the calculator developed by the United Kingdom (Department of Energy and Climate Change), which has already been adapted to other countries, including China, and also to the Walloon Region:
More than 150 people collaborated
This study was based on contributions by more than 150 people from the academic world, research centres, administrations at various levels of government, stakeholders, sectoral organisations, etc., all selected for their expertise in the field of transport buildings, agriculture, a specific industrial sector, energy production or the transition to low carbon more generally.
Their contributions are warmly welcomed, whilst acknowledging that this does not imply that the contributors necessarily share the analyses and conclusions of the study for which the authors have sole responsibility.
These persons met at specialist workshops. The sectoral analyses prepared by CLIMACT and VITO on these occasions are available here: