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Simple version

Eurogreen+ is an integrated macro-simulation model designed to explore how ecological transition policies may affect the economy, employment, inequality, wellbeing, energy systems, and greenhouse gas emissions over time.The model was developed by researchers from the Ecohesion Collective at the Department of Economics and Management of the University of Pisa.Rather than focusing only on GDP growth or emissions reduction, Eurogreen+ connects multiple dimensions of sustainable prosperity inside a single dynamic framework. This allows users to explore how policies interact and how trade-offs and synergies emerge over time.Ecological transition policies rarely produce isolated effects. Measures such as carbon taxation, electrification, renewable energy expansion, working time reduction, or redistributive reforms can simultaneously influence production, employment, inequality, household consumption, public budgets, energy demand, emissions, and wellbeing. Eurogreen+ traces these interactions dynamically from 2010 to 2050.The model does not aim to predict the future with certainty. Instead, it generates conditional scenarios based on assumptions and policy choices selected by the user. Its purpose is exploratory: helping users compare alternative pathways, identify trade-offs and synergies, and better understand the complexity of sustainable and socially inclusive transitions.Unlike models that assume economies automatically return to equilibrium, Eurogreen+ allows unemployment, inequality, and structural imbalances to persist over time, making transition pathways more socially realistic and policy-relevant.

Technical version

Eurogreen+ is an integrated ecological macroeconomic model combining post-Keynesian macroeconomics, stock-flow consistent accounting principles, input-output analysis, and an energy transition module.The model represents the Italian economy through 21 production sectors connected through input-output relations, with endogenous technological change, labour market dynamics, fiscal policies, and energy transition mechanisms.Economic activity is demand-led rather than automatically driven toward full-employment equilibrium. This allows the model to represent persistent unemployment, spare capacity, distributional tensions, and the macroeconomic effects of fiscal and environmental policies.The framework combines:
  1. • A detailed production structure.
  2. • Heterogeneous households differentiated by region and income quintile.
  3. • Labour market segmentation by gender, skill level, and occupational status.
  4. • A hybrid monetary-physical energy module.
  5. • Endogenous technological change.
  6. • Regional inequalities across the Italian regions.
The energy module explicitly links economic activity, electricity systems, energy demand, and greenhouse gas emissions. This makes it possible to analyse how structural changes in energy systems interact with employment, prices, inequality, investment, and consumption patterns.The model is calibrated on Italian national accounts, household surveys, labour market data, and energy statistics. Simulations evolve dynamically from 2010 to 2050, allowing users to explore both short-term adjustment effects and long-term structural transformations.Eurogreen+ is particularly suited to analysing just transition scenarios because it integrates environmental outcomes with distributional effects, labour market dynamics, wellbeing dimensions, and territorial inequalities inside a single coherent framework.