Table 3 Scenarios implemented in the TIAM-UCL model.
From: Higher cost of finance exacerbates a climate investment trap in developing economies
Scenarios | Constraint | WACC |
---|---|---|
REG | 2 C in 2100 | Regional (Fig. 2) and constant over the period |
GBL | 2 C in 2100 | Uniform and constant over the period after 2020 |
FAST | 2 C in 2100 | Regional differentiation until 2020 (Table 1) linear reduction to 2050 |
SLOW | 2 C in 2100 | Regional differentiation until 2020 (Table 1) linear reduction to 2100 |