Externalytics supports legislators and investors in simulating decision-making scenarios and impacts.
The OpenEconomics platform provides tools for the analysis of policy impact, with special emphasis on the evaluation of externalities. The evaluation is performed and presented within a robust and comprehensive analytical framework for evaluating investments and political interventions on environmental quality, economic performance and social equity.
The platform allows to perform an analysis in real time, in a quick and intuitive way, of the economic, social and environmental impacts of policies and investments.
Thanks to its powerful computational engine, based on a set of advanced models, and sophisticated interactive dashboard, Externalytics drastically reduces the complexity, effort and timing of extended impact assessment.
The use of the platform reduces the costs and complexity of the analysis and allows consistent, updated and reliable estimates of a wide range of externalities, alongside effective representation tools based on sophisticated interactive graphic libraries.
The end-to-end procedure for extended impact assessment is based on official statistics and updated datasets from institutional sources, on a robust modeling engine in line with the best practices of multilateral bodies (including the European Commission, the EIB and the World Bank) to provide rigorous and reliable impact assessments of programs and projects.
The tool is currently available in three languages (English, Italian and Spanish) and in all currencies surveyed by Forex.
The model library is always updated to the current year, includes models estimated for over 60 countries (for Italy also all regions) and includes specialized versions for specific investment classes starting from the energy sector (distribution networks , production from fossil and renewable sources, production of hydrogen, electrochemical storage, charging networks for electric vehicles, energy efficiency, upstream oil & gas, …), to transport (roads, highways, ports, airports, urban transport, …), as well as for areas and classes of regulatory intervention (tax credit and other categories of taxes and subsidies, carbon market design, health and environmental policies, …).