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Macroeconomic modeling tools for an ecological transition
AFD has developed two quantitative modeling tools – the GEMMES and ESTEEM – models to analyse the macroeconomic dimensions of the ecological transition.
AFD has created quantitative modeling tools to evaluate the macroeconomic dimensions of the ecological transition. The modeling scenarios consider the financial and monetary risks tied to climate change, ecological disturbances, and transition policies. These tools can enhance clarity around macroeconomic decision-making by considering the most pressing environmental challenges and systemic imbalances.
Learn more about our macroeconomic modeling tools
ESTEEM
The Exposure to Structural Transition in an Economic-Ecological Model (ESTEEM) identifies external, fiscal, and socioeconomic risks to which developing countries are exposed as part of their transition towards low-carbon economies.
© Laurent Weyl / Collectif Argos
GEMMES
The General Monetary and Multisectoral Macrodynamics for the Ecological Shift (GEMMES) model analyzes various public policy scenarios to understand and explicitly represent the factors that can prompt transition trajectories. This comprehensive tool ensures that all economic sectors are accounted for in the transition scenarios.
© Junior Safary / AFD
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