For its abundant fossil resources, the Central Asia and Caspian region plays a strategic role in the energy security of major markets, such as Europe and China. However, this dependence on export, added to a firm reliance on fossil fuels for internal consumption, represents a significant...

Following the Paris Agreement, virtually all countries worldwide have committed themselves to undertaking efforts to limit global warming to 1.5°C. Within the European Union (EU), the recent "Fit for 55" policy package proposes ambitious greenhouse gas (GHG) mitigation policies for all sectors...

Following the Paris Agreement, virtually all countries worldwide have committed themselves to undertaking efforts to limit global warming to 1.5êC. Within the European Union (EU), the recent "Fit for 55" policy package proposes ambitious greenhouse gas (GHG) mitigation policies for all sectors...

This Chapter presents the NEMESIS macro-econometric model. This model has been used for several ex-ante and ex-post evaluations of the macroeconomic impact of EU R&I policies. After a general overview of the model, a thorough description of the representation of innovation in the model is...