Second Climate Webinar: The Political Economy of Climate Action – From Public Opinion to Policy

Thursday, May 6, 2021 at 11:00-12:30 Vienna time (CET)

Mr. Thomas Froimovici, Climate Survey Project Lead, European Investment Bank
Mr. Edouard Lecerf, Deputy Director General, BVA
Mr. Aron Buzogany, Assistant Professor, Vienna University of Natural Resources and Life Sciences
Mr. Stefan Ćetković, Post-doctoral Researcher, Bavarian School of Public Policy

Mr. Laurent Millischer, Economist, Joint Vienna Institute

Following the introductory webinar on April 23, this second webinar of the series will examine the political economy of climate change action in Central and Eastern Europe (CEE). While policies to mitigate climate change are widely known, policymakers can implement them only if they command a broad and sustained support among citizens, parties and other public stakeholders. The most effective climate policies therefore are not those that work best on paper but those that can be implemented politically.

Thomas Froimovici and Edouard Lecerf will start by presenting the European Investment Bank’s latest climate survey, shedding light on public opinion concerning climate change in the EU’s Eastern member states. Do citizens feel that climate change already impacts their lives? What do they think is the best way to fight climate change? What habits would they be ready to give up in that fight? In the second part of the webinar, Aron Buzogany and Stefan Ćetković will compare and contrast climate and energy policies in CEE and discuss enabling and impeding factors within different political systems.

The JVI focus on climate change

If greenhouse gas emissions continue unabated, global temperatures will keep on rising at an unprecedented pace, with catastrophic implications for lives and livelihoods worldwide. Economic policy has a pivotal role to play in changing the ways we produce and consume in order to slow climate change.

Countries in the JVI region will not be spared the economic costs of rising temperatures nor the difficult task of transforming their economies within the next thirty years to drastically reduce greenhouse gas emissions. Yet, this transformation also holds opportunities for countries in the region, such as public investment-triggered growth, good quality green jobs, and better health from reduced air pollution.

In this context, the JVI will offer two new courses on the economics of climate change. The first one, “Climate Change and Green Finance”, coordinated by the Austrian Federal Ministry of Finance and the Austrian National Bank, will take place June 14-18, 2021. The second one, “Climate Change Economics”, coordinated by the JVI faculty, will take place September 13-17, 2021. We encourage you to visit the course pages and apply.

Leading up to these two courses, the JVI will organize a webinar series on selected issues in climate change economics. In discussion with experts from the JVI partner organizations, academia, central banks, and other institutions, we will shed light on topics such as the political economy of climate change, carbon taxation, the role of financial sector oversight, and macroeconomic modelling – with a special focus on the JVI region.

The webinar will be held in English.

Participants are encouraged to ask written questions to the presenters using the webinar’s chat forum.

To participate in the webinar please sign up here.

A list of JVI webinars on topical issues in the field of financial stability, fiscal policy, and macroeconomics can be found here.

The schedule of JVI courses – including virtual courses – can be found here.

We look forward to continuing our engagement with you!

Hervé Joly, Director (JVI)


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