Modelling the path to net zero
In the last two videos on this series, Amit explained how human behaviour is directly responsible for climate change and the need for government intervention to tackle the climate change crisis. In this video he quantifies the link between human activity and emissions by building a simple scenario model known as Kaya identity.
Overview
The Kaya identity is a helpful tool that helps to highlight some of the tradeoffs and challenges involved to achieve net zero emissions. The Kaya identity shows that we will require a radical shift in the way we generate, and the way in which we use energy.
Key learning objectives:
What is the Kaya identity?
Using Kaya’s identity, what will happen in a low ambition scenario?
What will need to adjust to achieve a high ambition scenario?
Summary
Expert
Amit Kara
Amit is Associate Research Director for Global Macroeconomic Analysis at NIESR. He is a macroeconomist with experience in central banking, investment banking, commercial banking and corporate credit rating. He has most recently worked at HSBC where he helped design the forward economic guidance input for IFRS 9. Amit is currently working on two substantial research projects related to the macroeconomic impact of climate change.
