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CECILIA2050
By the middle of this century, the EU wants to transform itself to a low-carbon economy. Governing this transformation process is a huge challenge for public policies – stimulating the necessary innovations, ensuring public support, encouraging the needed investments, creating the right infrastructure, and avoiding lock-in into old, carbon-intensive technologies. To manage this transformation, the existing mix of climate policy instruments needs to be scaled up drastically. But as the scale and scope of instruments increases, it becomes more important to understand and to manage their interaction, and to address constraints on the political, legal and administrative feasibility. The CECILIA2050 project has been set up to address this challenge: to understand how policy instruments work in interaction, what factors determine their performance, and how the European climate policy instrument mix should evolve to guide the transformation to a low-carbon economy.
2 Researchers
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