The first event in the “Designing climate policies” seminar series saw experts from academia, the business community and civil society discuss the role of the state and private enterprises in the ecological transformation. Proceedings were kicked off by Bundesbank Executive Board member Sabine Mauderer in the first of a series of events hosted jointly by the Bundesbank, the Center for Liberal Modernity and the Potsdam Institute for Climate Impact Research.

Panellists Rainer Baake, Managing Director of the Climate Neutrality Foundation, Holger Lösch from the Federation of German Industries, Professor Monika Schnitzer from Ludwigs-Maximilians-University Munich and Patrick Herhold from the Boston Consulting Group discussed the topic “European Green Deal: the role of the state and private enterprises in the ecological transformation”. Bundesbank Executive Board member Sabine Mauderer gave a welcome address and emphasised the importance of addressing the impact of climate change and climate policy on the economy and financial system and the roles to be played by the state and enterprises in the ecological transformation. Moderated by Ralf Fücks, the founder of the Center for Liberal Modernity, the panellists discussed what action is needed to green the market economy and what role the state can play in providing the framework for this. Debate centred around the need for carbon pricing, structural changes and the path to a carbon-neutral future. 

The second event in the series, on the topic “Coordinating climate policies internationally – What’s the state of play? And where are we heading?”, takes place on 5 July and will see Bundesbank Vice-President Claudia Buch welcome an international panel from the field of academia to discuss the international actors and mechanisms in global climate policy.