The energy transition is a powerful economic driver for the Hanover region. A study by DIW Econ shows that an ambitious energy transition by 2035 would result in additional investments of around €24.9 billion, €14.3 billion of which would directly benefit the Hanover region. This could generate around €9.5 billion in gross value added and create an average of around 4,100 jobs. Local budgets would also benefit significantly, with projected additional tax revenues of around €470 million.
These results demonstrate that climate protection and economic success go hand in hand. By consistently implementing the energy transition and making ambitious investments, the Hanover region can further expand its pioneering role on the path to achieving climate neutrality by 2035.
The economic effects in four sectors were examined: electricity; transport; buildings and heat supply; and industry. Almost 60% of the investments remain directly in the region, strengthening the crafts sector, the construction industry and regional companies in particular. In addition to the measurable economic effects, the energy transition also strengthens innovation, location attractiveness, security of supply and regional value creation.
Official portal of region of Hanover
The current short expert report commissioned by the AWO Bundesverband e.V. sheds light on the distributional effects of the tax allowances for children. In particular, the allowance for care, education and training costs (BEA) currently favours high-income households more than low-income families. The study analyses how halving the CEA or reducing it to 300 euros would affect different groups of households.
On behalf of the Federal Government Commissioner for Culture and the Media (BKM), DIW Econ analysed the economic effects of e-lending on the German public book market. In its coalition agreement, the German government established the goal of creating a fair framework conditions for e-lending in public libraries. The study now presented by DIW Econ aims to provide a comprehensive empirical basis for this.
The development of the regulatory framework and the offer of the gambling segments DLTB lotteries and commercial gaming machines has been very different over the last 30 years, although both sectors have the mandate to channel gambling into legal channels by offering attractive games. In this study, commissioned by VDAI, DIW Econ examines the relationship between the design and adaptation of products over time, particularly in the area of stakes and winnings, and successful channelling in both sectors.
One in five German households with children lives below the at-risk-of-poverty threshold. Germany’s current coalition agreement aims to strengthen families and lift children out of poverty. Against this background, the basic child allowance is currently under discussion. In the public debate, however, the long-term societal costs of child poverty are hardly ever compared with the costs of measures against child poverty. Yet, the costs are significant and occur in the areas such as health, education and social participation. Scenario analyses confirm that policy measures can be effective in reducing child poverty. Investing in children can therefore lead to substantial fiscal savings in the long run.