MIMOSA: Integrated Assessment Model for Cost-Benefit Analysis
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MIMOSA is an Integrated Assessment Model (IAM) part of the IMAGE family, with 26 regions covering the whole world. It is a relatively simple Cost-Benefit IAM that still covers the relevant technological and socio-economic dynamics. The climate impacts are calculated using state-of-the-art COACCH damage functions, and the mitigation costs have been directly calibrated to the IPCC AR6 WGIII database.
MIMOSA is being developed at the Copernicus Institute of Sustainable Development at Utrecht University, and is part of the IMAGE modelling framework.
General
The model is written in the Python optimisation package Pyomo. It uses IPOPT (an open-source large-scale nonlinear optimisation suite) to solve the model.
Schematic overview of the MIMOSA model. Adapted from [1].
How to cite
When using MIMOSA, please cite [1] (global version) and [2] (regional version).
References
[1] van der Wijst, KI., Hof, A.F. & van Vuuren, D.P. On the optimality of 2°C targets and a decomposition of uncertainty. Nature Communications 12, 2575 (2021). https://doi.org/10.1038/s41467-021-22826-5
[2] van der Wijst, KI., Bosello, F., Dasgupta, S. et al. New damage curves and multimodel analysis suggest lower optimal temperature. Nature Climate Change 13, 434–441 (2023). https://doi.org/10.1038/s41558-023-01636-1
What does MIMOSA stand for?
MIMOSA: Mathematical Integrated Model for Optimal and Stylised Assessment