case-study - the transition of belgium towards a low carbon society: a macroeconomic analysis fed by a participative approach

We describe a new approach for analyzing the socio-economic impacts of a low carbon transition. It consists in feeding a traditional macroeconomic model of a national economy, namely Belgium, with the results of a participative modelling exercise based on a prospective energy accounting model, the so-called Calculator. While contributing to overcoming important economic modelling barriers, this approach fosters stakeholders engagement and allows for extending the scope of the energy transition impact analysis.