Case-study – The transition of Belgium towards a low carbon society: A macroeconomic analysis fed by a participative approach

Case-study – The transition of Belgium towards a low carbon society: A macroeconomic analysis fed by a participative approach

Berger L., Bréchete Th., Pestiaux J., van Steenberghe V., (2020), Case-study – The transition of Belgium towards a low carbon society: A macroeconomic analysis fed by a participative approach, Energy Strategy Reviews, Volume 29, May 2020, 100463, DOI: 10.1016/j.esr.2020.100463, webpage

Abstract

We describe a new approach for analyzing the socio-economic impacts of a low carbon transition. It consists in feeding a traditional macroeconomic model of a national economy, namely Belgium, with the results of a participative modelling exercise based on a prospective energy accounting model, the so-called Calculator. While contributing to overcoming important economic modelling barriers, this approach fosters stakeholders engagement and allows for extending the scope of the energy transition impact analysis.

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