In response to climate uncertainty, researchers, businesses and policy-makers are turning to scenario analysis. The authors of this paper argue that greater use of models will help policy-makers understand the range of uncertainties and the sensitivity of policy outcomes, based on different model assumptions.

This paper examines climate mitigation strategies to reach net-zero emissions by mid-century, focusing on smoothing macroeconomic costs in the short- to medium-term — the horizon highly relevant for policy-makers.

This study assesses the global macroeconomic consequences of changes in climate risk. The authors also explore the impact of country-specific, economy-wide carbon taxes as a representative policy action to drive the global economy to achieve net-zero emissions by mid-century.

This study investigates the environmental and economic implications of the Paris Agreement using G-Cubed, a multi-country, multi-sector model of the global economy. It simulates policies that would achieve the commitments of countries in each of the regions and estimates how much global carbon dioxide emissions...