FEEM Sustainability Index – FEEM SI
The FEEM Sustainability Index (SI) project aims at creating an aggregate index, which incorporates new innovative features. In fact, the FEEM SI is built on indicators obtained from a computable general equilibrium model, thus the index can be calculated for different countries, in different years, and under different policy assumptions.
The FEEM Sustainability Index (SI) project aims at creating an aggregate index, which incorporates new innovative features. In fact, the FEEM SI is built on indicators obtained from a computable general equilibrium model, thus the index can be calculated for different countries, in different years, and under different policy assumptions. This unique feature permits to assess the effects of policies on sustainability.
The FEEM SI is constructed on innovative normalisation and aggregation procedures. The normalisation is based on benchmarking, where thresholds are derived from a wide research on policy targets. Aggregation is constructed through a methodology in which weights are attributed to indicators and to combinations of indicators.
A solid and sophisticated methodology for construction, and the possibility to project the values of the index in the future according to different policy assumptions, make the FEEM SI a very novel instrument in the assessment of sustainability.