Towards a green economy in Germany? The role of energy efficiency policies


Energy efficiency policies play a key role in the transformation to a ‘green energy economy’. This paper takes stock of the impacts of the existing energy efficiency policy instruments in Germany and reviews the energy, environmental and socioeconomic impacts of the country’s latest energy efficiency and climate strategies for the year 2020. The authors find evidence supporting the findings of other studies that enhanced green energy policies will trigger tangible economic benefits in terms of GDP growth and new jobs even in the short term.