To preserve a livable planet for ourselves, for our children, and for future generations, we need  to successfully navigate the transformation to a climate-neutral world within the next 25 years.  This transformation to a sustainable society is a joint, global challenge, and an imperative for  policymakers, the business community, and each and every one of us.

Climate change has finally made it to the top of the agenda – for policymakers, businesses, and  citizens. We have no time to lose in completing the transition to climate neutrality.1 Our calculations show that we can do it in a socially balanced way and – viewed over the full period and across all sectors – at net-zero cost, provided we take decisive action now. The stakes are high: failure  to reach the climate targets would mean exposure to significantly higher climate risks. The next  ten years will prove crucial. So, with this study, we want to show how Germany can successfully advance down the path to climate neutrality.