EDHEC-CLIRMAP: EDHEC-CLimate-Induced Regional MAcroimpacts Projector The Macroeconomic and Econometric Background

EDHEC-CLIRMAP: EDHEC-CLimate-Induced Regional MAcroimpacts Projector

The Macroeconomic and Econometric Background

EDHEC-CLIRMAP is a scientific tool developed by the EDHEC Climate Institute to project how shifts in average temperature may impact regional economic output under different climate scenarios. Built on robust econometric modelling and climate data from NASA, this user-friendly platform allows researchers, investors, and policymakers to visualise spatially-resolved climate damages over time. This publication presents the methodology behind EDHEC-CLIRMAP, detailing its macroeconomic framework and Delta projection approach, and highlights its role in informing targeted adaptation strategies through high-resolution insights.

Author(s)

Nicolas Schneider

The EDHEC-CLIRMAP (EDHEC-CLimate-Induced Regional MAcroimpacts Projector) is a web-hosted tool developed by the EDHEC Climate Institute. It provides a user-friendly platform for scientists, experts, professionals investors and policymakers to visualise how climate change-induced shifts in average temperature are projected to affect gross regional economic product under various warming scenarios.

This document outlines the scientific background underpinning EDHEC-CLIRMAP, with emphasis on the macroeconomic framework, the climate econometric theory, and the Delta method elaborated to project future damages over time and space. By integrating the latest subnational economic information with highly-localised climate change simulations from the National Aeronautics and Space Administration, EDHEC-CLIRMAP enables users to intuitively explore the geography of future economic damages – and uncover heterogeneity stories relevant to climate adaptation.