IMF-ENV: Integrating Climate, Energy, and Trade Policies in a General Equilibrium Framework
IMF Working Papers, April 11, 2025
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- IMF-ENV: Integrating Climate, Energy, and Trade Policies in a General Equilibrium Framework
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Bibliographic details
- Authors: Jean Chateau, Hugo Rojas-Romagosa, Sneha D Thube, Dominique van der Mensbrugghe
- Published: April 11, 2025
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9798229005029.001
Overview
- IMF-ENV is a global dynamic computable general equilibrium (CGE) model developed by the IMF's Research Department.
- Purpose: to assess medium- and long-term macroeconomic effects and structural shifts arising from national and/or global climate mitigation, energy, fiscal and trade policies.
- Model reports impacts on macroeconomic variables, sectoral outcomes, employment and bilateral trade flows, and provides detailed information for energy demand and supply, electricity generation and GHG emissions.
Model features and scope
- Database coverage: 160 countries and regions.
- Sectoral detail: 76 sectors.
- Calibration: can be calibrated to a wide range of country-sector combinations.
- Structure: general equilibrium framework enabling assessment of both direct and indirect domestic structural changes and cross-border spillover effects of policies.
Key analytic capabilities and outputs
- Macroeconomic variables (unspecified list as per source).
- Sectoral outcomes.
- Employment impacts.
- Bilateral trade flows.
- Detailed energy module covering:
- Energy demand and supply.
- Electricity generation.
- Greenhouse gas (GHG) emissions.
Subjects and keywords (as listed)
- Subjects: Commodities, Electricity, Environment, Greenhouse gas emissions, Non-renewable resources.
- Keywords: CES production function; climate policies; Computable general equilibrium models; Electricity; energy policies; energy security; energy transition; equilibrium structure; Global; Greenhouse gas emissions; IMF working paper No. 2025/77; Non-renewable resources; production function; structural change; trade policies; trade policies in a General equilibrium framework.
Publication and metadata
- Authors: Jean Chateau, Hugo Rojas-Romagosa, Sneha D Thube, Dominique van der Mensbrugghe.
- Date: April 11, 2025.
- Series: Working Paper No. 2025/077.
- Issue: 077.
- Volume: 2025.
- Pages: 86.
- DOI: https://doi.org/10.5089/9798229005029.001
- Stock No: WPIEA2025077
- ISBN: 9798229005029
- ISSN: 1018-5941
IMF-ENV: Integrating Climate, Energy, and Trade Policies in a General Equilibrium Framework — Jean Chateau, Hugo Rojas-Romagosa, Sneha D Thube, Dominique van der Mensbrugghe (April 11, 2025).
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- Working Paper