PMI Knowledge Series: Using CPAT to Inform Climate Policy and Market-Based Reforms (Dec 2025)

PMI launched its new PMI Knowledge Series with a deep-dive webinar on the Climate Policy Assessment Tool (CPAT)—the joint World Bank–IMF model that supports rapid, country-level assessment of climate policy reforms, including carbon pricing and fossil fuel subsidy reforms. The session provided an overview of CPAT’s core features and demonstrated how it can inform policy dialogue across a range of reform pathways. Presenters also highlighted recent enhancements that expand the tool’s applicability to ETS, further strengthening its relevance for countries designing or refining market-based instruments. The webinar concluded with a live demonstration, giving participants practical insights into how CPAT can be used to assess distributional, environmental, and fiscal impacts in real-world settings.

See the presentation slides here, and recording below.