DECIPHER aims to improve decision-making on the areas of climate change and biodiversity by proposing a new assessment framework beyond mainstream economics, integrating advanced economic and biophysical models, empirical methods, and stakeholder participation.
To develop an innovative, operational and holistic decision-making framework that allows widely used, state-of-the-art, applied economic models to embed risk, opportunity, resilience and feasibility so as to increase the effectiveness, efficiency, and legitimacy of climate and environmental policies.
To address the dual crises of climate change and biodiversity loss, aggravated by disruptive events such as the COVID-19 pandemic, through delivering systematic and realistic impact assessment of different policy options.
With its novel Decision-Making Framework DECIPHER will assess under real-world conditions how actual EU climate and environmental policies are designed and implemented, the aim being to enhance their feasibility and resilience. The Fitfor55 package, National Recovery Plans under the Next Generation EU, the EU forest strategy, and LULUCF regulation are potential candidates.
Uncertainty, disruption and financial risk valuation, as well as agent behavior, technological innovation, and critical tipping points will be effectively embedded in the Decision-Making Framework as criteria against which the selected policies will be evaluated.
This project has received funding from the European Union’s Horizon Europe programme under grant agreement No. 101056898. The sole responsibility for the content of this publication lies with the authors and does not necessarily reflect the opinion of CINEA or other EU agencies or bodies.