A "rapid and far-reaching change" is necessary to prevent catastrophic climate change, according to the Intergovernmental Panel on Climate Change (IPCC). "However, the transformation of the economy towards climate neutrality always involves a certain amount of economic stress—some industries and jobs disappear while others are created," explains Johannes Stangl from the Complexity Science Hub (CSH). When it comes to climate policy measures, how can economic damage be minimized? A CSH team has developed a new method to help solve this problem. "To understand how climate policy measures will affect a country's economy, it's not sufficient to have data on carbon dioxide emissions. We must also understand the role that companies play in the economy," says Stangl, one of the co-authors of the study published in Nature Sustainability. ....