Baseline GECO 2024

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Provided by European Commission, Joint Research Centre

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Dataset information

Catalog

European Commission, Joint Research Centre catalog

Country of origin

EU institutions

Updated

Created

2024.01.01

Available languages

English

Keywords

Datasource

Official portal for European data link

Quality scoring

Dataset description

The economic Multi-Regional Input-Output (I-O) tables used in the Global Energy and Climate Outlook (GECO) 2024 for the Reference scenario are presented. The Reference scenario (Baseline GECO 2024) represents a projection of the world economy with corresponding energy demand and greenhouse gas (GHG) emissions. The I-O tables are supplemented by energy balances (in physical units) and GHG emissions projections. The I-O tables and the data on bilateral trade flows are derived from the Global Trade Analysis Project (GTAP) 11 database (Aguiar et al., 2022). The I-O tables are reconciled and projected for future years using a multi-regional balancing procedure (Temursho et al., 2021; Wojtowicz et al., 2019; Rey Los Santos et al., 2018), which ensures consistency across the various data sources used in the Reference scenario of the GECO 2024 (Keramidas et al., 2024).

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