FUND model

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Subject: climate change
Description: The Climate Framework for Uncertainty, Negotiation and Distribution (FUND) is a so-called integrated assessment model (IAM) of climate change. FUND was originally set-up to study the role of international capital transfers in climate policy, but it soon evolved into a test-bed for studying impacts of climate change in a dynamic context, and it is now often used to perform cost-benefit and cost-effectiveness analyses of greenhouse gas emission reduction policies, to study equity of climate change and climate policy, and to support game-theoretic investigations into international environmental agreements.
Relation with IMAGE framework: other
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