The Global Carbon Finance Model (GLOCAF)
Published
Description
The Global Carbon Finance Model (GLOCAF) is DESNZ's in-house model of hypothetical international carbon markets and global decarbonisation scenarios at 5-yearly time horizons up to 2050. It is used to provide a robust evidence base to inform UK international climate change policy and strategy, modelling the most cost-effective distribution of abatement across sectors and regions given different abatement targets at global, regional or sectoral levels. From an international perspective, outputs from the GLOCAF model inform the UK's understanding of global decarbonisation scenarios and implementation of international climate commitments. Domestically, GLOCAF outputs are used as part of the evidence base that informs the emissions targets included in domestic legislation, as set out in the carbon budgets orders and in the net zero 2050 target. GLOCAF currently allows modelling of up to 26 countries/regions (including emissions from international aviation and maritime transport as separate 'regions'). Together, these countries/regions provide global coverage. For example, the Americas are currently split into six countries/regions: Canada, USA, Mexico, Rest of Central America, Brazil, and Rest of South America. GLOCAF can currently model up to 27 sectors. The aim of a data procurement is to provide an updated dataset of emissions from energy and industry Sectors; carbon dioxide and non-carbon dioxide emissions, e.g. methane; and abatement costs across a regional and sectoral disaggregation used as inputs to the GLOCAF model. The necessary breakdowns are summarised as follows: Historic data and projections of emissions from energy and industry sectors, including process emissions, and the costs of reducing them are required, at global coverage, for the years 1990 - 2050 at 5-yearly intervals: historic data with projections of a Business as Usual [BaU] / Current Policy scenario and the costs of reducing emissions to be modelled in the form of marginal abatement cost curves [MACCs] for at least the period 2030-2050. The BaU provides a counterfactual from which MACCs can be subtracted to model future emissions projections given different action scenarios. It is necessary that the MACCs reflect a range of action pathways. Traditionally the MACCs have simulated 3 approaches to climate action: progressive climate action policy adoption, or rather a linear adoption of increased climate ambition policies; early action reflecting largescale, near term investment in climate ambition policies and technology, modelling greater abatement costs in the short-term, but low abatement costs overall; and delayed action where action is deferred and the curve of abatement follows an exponential growth shape reaching high marginal costs. Additional information: Attached is redacted Contract
Timeline
Award date
2 months ago
Publish date
30 days ago
Buyer information
Department for Energy Security & Net Zero
- Email:
- internationalclimateandenergy.procurement@energysecurity.gov.uk
Explore contracts and tenders relating to Department for Energy Security & Net Zero
Go to buyer profileNotice topic
Source
Contracts FinderTo save this opportunity, sign up to Stotles for free.
Save in appTender tracking
Access a feed of government opportunities tailored to you, in one view. Receive email alerts and integrate with your CRM to stay up-to-date.
Proactive prospecting
Get ahead of competitors by reaching out to key decision-makers within buying organisations directly.
360° account briefings
Create in-depth briefings on buyer organisations based on their historical & upcoming procurement activity.
Collaboration tools
Streamline sales workflows with team collaboration and communication features, and integrate with your favourite sales tools.
Explore similar tenders and contracts
Browse open tenders, recent contract awards and upcoming contract expiries that match similar CPV codes.
- Awarded
Year 2 pEPR Cost Data Collection for pEPR LA Payment Modelling
Department for Environment, Food and Rural Affairs (DEFRA)106,484.5 GBPPublished 3 days ago
- Awarded
Year 2 pEPR Cost Data Collection for pEPR LA Payment Modelling
Department for Environment, Food and Rural Affairs (DEFRA)115,654.37 GBPPublished 3 days ago
- Awarded
CEFAS24-138 Contract for satellite data imagery for Blue Belt island nations
Centre for Environment, Fisheries and Aquaculture Science24,406 GBPPublished 5 days ago
- Awarded
North East Regional Coastal Monitoring Bathymetric Surveys 2024
The North Yorkshire CouncilPublished 23 days ago
- Awarded
North East Regional Coastal Monitoring Bathymetric Surveys 2024
The North Yorkshire Council221,934 GBPPublished 23 days ago
- Awarded
Inclusive Growth Evaluation: Data Collation & Analysis
Scottish Futures Trust Ltd100,000 GBPPublished 24 days ago
- Awarded
The Global Carbon Finance Model (GLOCAF)
Department for Energy Security & Net Zero218,264.5 GBPPublished 30 days ago
Explore other contracts published by Department for Energy Security & Net Zero
Explore more open tenders, recent contract awards and upcoming contract expiries published by Department for Energy Security & Net Zero.
- Awarded
Climate transition planning - Costs and benefits
Department for Energy Security & Net Zero99,143 GBPPublished today
- Awarded
RAF067/2324 - Understanding secondary heating behaviours
Department for Energy Security & Net Zero64,549 GBPPublished 3 days ago
- Awarded
PS24214 Research offshore wind
Department for Energy Security & Net Zero41,420 GBPPublished 11 days ago
- Awarded
DDaT24382 - Managed Support Services - Solution Development
Department for Energy Security & Net Zero224,200 GBPPublished 15 days ago
- Awarded
AZP & HNDU Zoning Support
Department for Energy Security & Net Zero150,000 GBPPublished 16 days ago
- Awarded
AZP & HNDU Zoning Support HNDU (Heat Network Delivery Unit)
Department for Energy Security & Net Zero100,000 GBPPublished 16 days ago
- Awarded
End User Compute Service PRJ2354
Department for Energy Security & Net Zero63,000,000 GBPPublished 16 days ago
- Awarded
AZP & HNDU Zoning Support HNDU (HNDU)
Department for Energy Security & Net Zero205,000 GBPPublished 16 days ago
- Awarded
AZP & HNDU Zoning Support HNDU (Heat Network
Department for Energy Security & Net Zero50,000 GBPPublished 16 days ago
Explore more suppliers to Department for Energy Security & Net Zero
Sign upExplore top buyers for public sector contracts
Discover open tenders, contract awards and upcoming contract expiries of thousands of public sector buyers below. Gain insights into their procurement activity, historical purchasing trends and more.
Explore top sources for public sector contracts
Stotles aggregates public sector contract data from every major procurement data source. We ingest this data and surface the most relevant insights for our users. Explore our list of public sector procurement data sources below.