Climate policy assessment and Mitigation Modeling to Integrate national and global Transition pathways for Environmental-friendly Development (COMMITTED)

With no singular pathway to fulfilling Paris Agreement and reaching globally agreed climate targets, the action intends to reinforce global climate change mitigation effort by supporting developing countries. This action builds on past and existing international cooperation and will seek to engage the most influential Asian/EU experts on models and modelling tools to increase domestic capacities on low-emission development scenarios modelling. As part of the study, socio-economic impact assessment (of decarbonization policies) is also proposed. As the country phasing out fossil fuel, it is expected to have sectoral economic implication as well as impact on employment and economic prosperity across economic agents. Using integrated model/CGE, the study will estimate the socio-economic impact for various sectors (in terms of sectoral output, investment, employment) and economic agents (inequality of economic prosperity across agents).