{"id":58013,"date":"2023-12-01T20:17:31","date_gmt":"2023-12-01T19:17:31","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/embedding-scenarios-of-austrias-transition-to-climate-neutral-economy-within-the-context-of-global-action-to-mitigate-climate-change\/"},"modified":"2024-04-20T07:51:36","modified_gmt":"2024-04-20T05:51:36","slug":"embedding-scenarios-of-austrias-transition-to-climate-neutral-economy-within-the-context-of-global-action-to-mitigate-climate-change","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/58013\/","title":{"rendered":"Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-58013","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"EconTrans Working Paper #2","text":"In this working paper we place scenarios of Austria's transition to a green economy in a global context of efforts of international community to limit global warming to the levels outlined in the Paris Agreement. To this end we propose a method of deriving robust and physically grounded budgets of Austria's cumulative GHG emissions that are consistent with the 1.5 \u00b0C and the 2 \u00b0C warming targets of Paris agreement, respectively. These budgets are based on the most recent estimates of carbon budgets for the 1.5 \u00b0C and 2 \u00b0C warming targets and delineate a \"space for manoeuvre\" within which Austria's green transformation must take place if it is to make a desired contribution to humanity's climate-change mitigation efforts. We also derive reference pathways for Austria's GHG emissions that are in line with the 1.5 \u00b0C and the 2 \u00b0C warming targets, and which inform us about the necessary emission reductions in any given year, e.g., in 2050. We also demonstrate how budgets of cumulative national GHG emissions and corresponding reference emission pathways can be downscaled to provide boundary conditions for a novel approach to modelling economic transformations based on the concept of functionalities. First, we establish how much of GHG emissions is currently caused by providing functionalities Access, Shelter and Other Life Support in Austria. Next, with help of existing EU-wide scenarios of green transition that resolve multiple economic sectors, we assess expected cumulative emissions from sectors not covered by these functionalities. Finally, we subtract these cumulative emissions from the budget of Austria's total GHG emissions and distribute the remainder between the considered functionalities.","onlinedate":"2021-07-09 12:00:00","lang":"English","publication_series":"","publication_date":"20210701","publication_date_year":"","publication_date_full":false,"publication_num_pages":"43","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":247811,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"634","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2021-07-09 12:00:00","types":[44410],"research_groups":[3655],"collaboration":"","persons":[15221,15209],"persons_data":"[{\"personId\":15221,\"personName\":\"Piotr Zebrowski\",\"organisationNames\":[]},{\"personId\":15209,\"personName\":\"Matthias Jonas\",\"organisationNames\":[]}]","clients":[10642],"subclients":[],"partners":[8870,8901,8896],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\">Zebrowski, P., &amp; Jonas, M. (2021). <span>Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change: EconTrans Working Paper #2<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (634).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\">Zebrowski P, Jonas M. <span class=\\\"title\\\"><span>Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change: <span class=\\\"subtitle\\\">EconTrans Working Paper #2<\\\/span><\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2021 Jul;(634).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{6c0802cbb87e44ffaff49fbaba3d74a0,<\\\/div><div>  title    = \\\"Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change: EconTrans Working Paper \\\\#2\\\",<\\\/div><div>  abstract = \\\"In this working paper we place scenarios of Austria's transition to a green economy in a global context of efforts of international community to limit global warming to the levels outlined in the Paris Agreement. To this end we propose a method of deriving robust and physically grounded budgets of Austria's cumulative GHG emissions that are consistent with the 1.5 \u00b0C and the 2 \u00b0C warming targets of Paris agreement, respectively. These budgets are based on the most recent estimates of carbon budgets for the 1.5 \u00b0C and 2 \u00b0C warming targets and delineate a {\\\"}space for manoeuvre{\\\"} within which Austria's green transformation must take place if it is to make a desired contribution to humanity's climate-change mitigation efforts. We also derive reference pathways for Austria's GHG emissions that are in line with the 1.5 \u00b0C and the 2 \u00b0C warming targets, and which inform us about the necessary emission reductions in any given year, e.g., in 2050. We also demonstrate how budgets of cumulative national GHG emissions and corresponding reference emission pathways can be downscaled to provide boundary conditions for a novel approach to modelling economic transformations based on the concept of functionalities. First, we establish how much of GHG emissions is currently caused by providing functionalities Access, Shelter and Other Life Support in Austria. Next, with help of existing EU-wide scenarios of green transition that resolve multiple economic sectors, we assess expected cumulative emissions from sectors not covered by these functionalities. Finally, we subtract these cumulative emissions from the budget of Austria's total GHG emissions and distribute the remainder between the considered functionalities.\\\",<\\\/div><div>  author   = \\\"Piotr Zebrowski and Matthias Jonas\\\",<\\\/div><div>  note     = \\\"Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change. EconTrans Working Paper \\\\#2\\\",<\\\/div><div>  year     = \\\"2021\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change<\\\/p><p>T2  - EconTrans Working Paper #2<\\\/p><p>AU  - Zebrowski, Piotr<\\\/p><p>AU  - Jonas, Matthias<\\\/p><p>N1  - Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change. EconTrans Working Paper #2<\\\/p><p>PY  - 2021\\\/7<\\\/p><p>Y1  - 2021\\\/7<\\\/p><p>N2  - In this working paper we place scenarios of Austria's transition to a green economy in a global context of efforts of international community to limit global warming to the levels outlined in the Paris Agreement. To this end we propose a method of deriving robust and physically grounded budgets of Austria's cumulative GHG emissions that are consistent with the 1.5 \u00b0C and the 2 \u00b0C warming targets of Paris agreement, respectively. These budgets are based on the most recent estimates of carbon budgets for the 1.5 \u00b0C and 2 \u00b0C warming targets and delineate a \\\"space for manoeuvre\\\" within which Austria's green transformation must take place if it is to make a desired contribution to humanity's climate-change mitigation efforts. We also derive reference pathways for Austria's GHG emissions that are in line with the 1.5 \u00b0C and the 2 \u00b0C warming targets, and which inform us about the necessary emission reductions in any given year, e.g., in 2050. We also demonstrate how budgets of cumulative national GHG emissions and corresponding reference emission pathways can be downscaled to provide boundary conditions for a novel approach to modelling economic transformations based on the concept of functionalities. First, we establish how much of GHG emissions is currently caused by providing functionalities Access, Shelter and Other Life Support in Austria. Next, with help of existing EU-wide scenarios of green transition that resolve multiple economic sectors, we assess expected cumulative emissions from sectors not covered by these functionalities. Finally, we subtract these cumulative emissions from the budget of Austria's total GHG emissions and distribute the remainder between the considered functionalities.<\\\/p><p>AB  - In this working paper we place scenarios of Austria's transition to a green economy in a global context of efforts of international community to limit global warming to the levels outlined in the Paris Agreement. To this end we propose a method of deriving robust and physically grounded budgets of Austria's cumulative GHG emissions that are consistent with the 1.5 \u00b0C and the 2 \u00b0C warming targets of Paris agreement, respectively. These budgets are based on the most recent estimates of carbon budgets for the 1.5 \u00b0C and 2 \u00b0C warming targets and delineate a \\\"space for manoeuvre\\\" within which Austria's green transformation must take place if it is to make a desired contribution to humanity's climate-change mitigation efforts. We also derive reference pathways for Austria's GHG emissions that are in line with the 1.5 \u00b0C and the 2 \u00b0C warming targets, and which inform us about the necessary emission reductions in any given year, e.g., in 2050. We also demonstrate how budgets of cumulative national GHG emissions and corresponding reference emission pathways can be downscaled to provide boundary conditions for a novel approach to modelling economic transformations based on the concept of functionalities. First, we establish how much of GHG emissions is currently caused by providing functionalities Access, Shelter and Other Life Support in Austria. Next, with help of existing EU-wide scenarios of green transition that resolve multiple economic sectors, we assess expected cumulative emissions from sectors not covered by these functionalities. Finally, we subtract these cumulative emissions from the budget of Austria's total GHG emissions and distribute the remainder between the considered functionalities.<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Embedding Scenarios of Austria&#039;s Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/58013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embedding Scenarios of Austria&#039;s Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/58013\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-20T05:51:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/58013\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/58013\\\/\",\"name\":\"Embedding Scenarios of Austria's Transition to Climate-neutral Economy within the Context of Global Action to Mitigate Climate Change - 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