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The REMIND-MAgPIE model and scenarios for transition risk analysis. A report prepared by PIK for the UNEP-FI Banking Pilot project (Phase 2)

Authors
/persons/resource/hilaire

Hilaire,  Jérôme
Potsdam Institute for Climate Impact Research;

/persons/resource/Bertram

Bertram,  Christoph
Potsdam Institute for Climate Impact Research;

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Citation

Hilaire, J., Bertram, C. (2020): The REMIND-MAgPIE model and scenarios for transition risk analysis. A report prepared by PIK for the UNEP-FI Banking Pilot project (Phase 2), Potsdam : Potsdam-Institut für Klimafolgenforschung, 20 p.
https://doi.org/10.2312/pik.2020.006


Cite as: https://publications.pik-potsdam.de/pubman/item/item_24665
Abstract
This technical report documents the REMIND-MAgPIE model and the REMIND-MAgPIE scenarios that were selected to support transition risk analysis for the Task-Force for Climate Related Financial Disclosures (TCFD) Banking Pilot Phase II. REMIND-MAgPIE is an optimisation model that integrates the macroeconomic, agriculture and land-use, energy, water and climate systems. It describes, in a forward-looking fashion, the complex and non-linear dynamics in and between these systems. In line with the TCFD recommendations, the scenarios generated with this model can be integrated into risks assessments frameworks to identify and evaluate the risks related to a transition to a low-carbon economy.