Fair Mitigation Finance Explorer
- Geographical scope:Global
- Time horizon:2030
- Initial Release:2022
- Institution(s):International Institute for Applied Systems Analysis, Potsdam Institute for Climate Impact Research, Germanwatch, Yale School of Environment, South Centre, University College London
- Users:Scientists, Policy analysts, Decision makers, Financial analysts and investors
This tool accompanies Fairness considerations in global mitigation investments’ by Shonali Pachauri, Setu Pelz, Christoph Bertram, Silvie Kreibiehl, Narasimha D. Rao, Youba Sokona and Keywan Riahi. Published in Science (2022), 10.1126/science.adf0067.
It enables users to systematically explore ‘fair’ regional contributions to near-term regional mitigation investment needs (2020-2030) derived from global cost-effective mitigation pathways assessed by Working Group III within the IPCC AR6.
Users can select from a range of indicators reflecting different considerations of equity and assign these weights. The tool then determines corresponding ‘fair-share’ regional contributions to the regional ‘cost-effective’ investment needs defined within Figure TS.25 in the Technical Summary of the WGIII contribtion to the IPCC AR6.