The DEFINE-GLOBAL model is an ecological stock-flow consistent (E-SFC) model that analyses the interactions between the ecosystem, the financial system and the macroeconomy at the global level. It explicitly incorporates the impact of carbon emissions on climate change, the implications of climate damages, the waste generation process, land conversion, water use, the endogeneity of money and the impact of finance on economic activity. The modelling of physical stocks and flows takes into account the Law of Conservation of Mass, the 1st and the 2nd Law of Thermodynamics and the broader implications of living in a finite planet.
The figure below provides an overview of version 2.0 of the model (forthcoming).
The publications and R codes related to the DEFINE-GLOBAL model can be found here.
Manual
| Version | Date | Description |
| DEFINE-GLOBAL 1.1 | August 2022 | DEFINE-GLOBAL 1.0 + Fiscal and financial policies |
| DEFINE-GLOBAL 1.1 | January 2021 | DEFINE-GLOBAL 1.0 + Fiscal and financial policies |
| DEFINE-GLOBAL 1.1 | August 2019 | DEFINE-GLOBAL 1.0 + Fiscal and financial policies |
| DEFINE-GLOBAL 1.0 | May 2018 | First version of DEFINE-GLOBAL |
DEFINE 