Climate and Regional Economics of Development (CRED) is an integrated assessment model, with a central focus on the global distribution of climate damages and climate policy costs. It is designed to estimate both the best pace of investment in mitigation, and the best distribution of the cost of that investment to regions of the world, with the goal of informing global climate negotiations and help break the stalemate between developed and developing countries.

Version 1.3 of the CRED model was completed in June 2011. This technical report describes the CRED v.1.3 methodology in detail.

Download the report (PDF, 468kb)