Web application to simulate macroeconomic consequences of implementing climate-change mitigation policies in three countries: Chile, Greece, and Poland.

The MEMO model is available for anyone to use via the MEMO Toolbox web application. Lay users can assess the macroeconomic consequences of implementing climate-change mitigation policies in three countries: Chile, Greece, and Poland. Through a user-friendly interface, users can easily conduct simulations by providing input data (e.g. changes in taxes, investment plans) and analyse the results (e.g. on GDP, consumption, investment, taxes, export/import, employment) through built-in visualisation tools or export them to a spreadsheet.

IBS_memo_toolbox2

 

The application can address questions such as:

  • What effect would a carbon tax have on unemployment and wages in different sectors?
  • How would a reduction in the PV installation costs affect energy prices, energy demand, and GDP?
  • What effect would feed-in tariffs for PV have on industrial output (when combined with a bottom-up analysis)?

The models contained within the toolbox have been used in the past to assess the socioeconomic cost of decarbonising the Polish electricity-generation sector (→ more) and to help assess the consequences of carbon taxation in Chile on energy poverty (→ more).

Materials:

MEMO Toolbox application: http://transrisk.ibs.org.pl

Manual

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The MEMO models were developed by Marek Antosiewicz and Jan Witajewski-Baltvilks from IBS.

files to download Manual
all resources