Imagine trying to navigate a giant ship through a storm without a map; that is how companies feel about the transition to zero emissions. This project builds a high-definition digital map that predicts how changes in finance, lifestyle, and laws will affect the economy. It helps people see exactly where the roadblocks are and how to avoid them over the next few years.
Companies struggle to predict the financial and operational impact of rapid decarbonization laws. Current models often lack the spatial detail and financial nuance needed for corporate planning.
A set of improved Integrated Assessment Models and open databases focusing on finance, land-use, and circularity.
If you are an investment bank dealing with the risk of stranded assets in a decarbonizing economy — this project developed improved models for innovation and finance that provide calibrated numerical results. This allows for better risk assessment of long-term green portfolios.
If you are a utility provider dealing with the rapid shift to renewable energy — this project developed high-resolution spatial and temporal modeling focused on Europe. This helps in planning the yearly rollout of infrastructure to meet Fit for 55 targets.
If you are a waste management company dealing with unpredictable shifts in material flows — this project developed models for lifestyle change and circularity. This provides data-driven insights into how consumer behavior changes affect the demand for recycled materials.
Based on available project data, the tools and databases are intended to be open, but specific pricing for commercial support is not mentioned.
The project focuses on large-scale Integrated Assessment Models (IAMs) and sectorial models designed for EU-wide policy analysis, suggesting high scalability for regional planning.
The project emphasizes model openness and usability to ensure policy relevance, suggesting an open-access approach for the resulting tools and databases.
It specifically analyzes the Fit for 55 package policies to help develop robust and resilient Net zero pathways.
The project runs from 2023-01-01 to 2026-12-31, with a focus on near-term detailed modeling of rapid decarbonization.
The consortium is research-heavy, featuring 6 universities and 7 research organizations, which indicates a strong theoretical foundation. However, with 2 SMEs and a 12% industry ratio, the project has limited direct commercial validation, suggesting the output will be primarily data tools and policy guidance rather than a turnkey industrial product.
Contact Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici in Italy
Contact us to find out how to integrate PRISMA's open-source climate data into your corporate ESG strategy.
