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