Integrated assessment model (IAM)

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Integrated assessment models (IAMs) integrate knowledge from two or more domains into a single framework. They are one of the main tools for undertaking integrated assessments. One class of IAM used in respect of climate change mitigation may include representations of: multiple sectors of the economy, such as energy, land use and land-use change; interactions between sectors; the economy as a whole; associated GHG emissions and sinks; and reduced representations of the climate system. This class of model is used to assess linkages between economic, social and technological development and the evolution of the climate system. Another class of IAM additionally includes representations of the costs associated with climate change impacts, but includes less detailed representations of economic systems. These can be used to assess impacts and mitigation in a cost–benefit framework and have been used to estimate the social cost of carbon. See: Integrated assessment.

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United Nations Integrated Assessment Models (IAMs) and Energy-Environment-Economy (E3) models