Impact Analysis with an Excel-based E3 (Economy-EnergyEmission) Model Building Framework

17.06.2022

Macroeconomic Modelling for Climate Policy Planning

There is increasing consensus over the need to integrate economic policy planning and climate change adaptation. The publication "Macroeconomic Modeling for Climate Policy Planning" presents macroeconomic modelling as a valuable policy tool for climate resilient economic development. Such modelling allows decisionmakers to include long-term direct, indirect, induced and overall socio-economic impacts of climate hazards and respective adaptation measures in their considerations enabling them to reduce risks associated with climate change.

Building on experiences within the global program "Policy Advice for Climate Resilient Economic Development" (CRED) implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on behalf of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUV), this article describes a simplified E3 (Economy-Energy-Emission) model prototype based on international datasets to be applied to climate change adaptation related issues.

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