IMPACT World+

IMPACT World+ is a globally regionalised method for life cycle impact assessment (LCIA), integrating multiple state-of-the-art developments as well as damages on water and carbon areas of concern within a consistent LCIA framework. Most of the regional impact categories have been spatially differentiated and all long-term impact categories have been subdivided into shorter-term damage (the first 100 years after the emission) and long-term damage categories.

Please login or join for free to read more.

OVERVIEW

IMPACT World+ is a life cycle impact assessment (LCIA) tool developed to support the analysis of environmental impacts, with a focus on regionalisation and spatial variability. It aims to provide finance professionals with an advanced framework to assess the environmental impacts of projects, products, and services, incorporating regional differences into life cycle assessments. This makes it especially relevant for professionals in sustainable finance, helping them better understand and quantify environmental risks.

The tool uses a midpoint-damage framework, offering four complementary perspectives: midpoint impacts, damage impacts, damages to human health and ecosystem quality, and damages to water and carbon areas. The regionalisation aspect allows users to identify and prioritise elementary flows that vary by region, increasing the discriminating power of assessments. Additionally, it includes long-term and short-term impact categories, providing a more detailed analysis.

Targeted primarily at sustainability experts, environmental consultants, and finance professionals working in sectors that involve environmental impact assessment, IMPACT World+ can assist in evaluating the environmental outcomes of financial investments, guiding decision-making in sustainable finance. It helps finance professionals better understand environmental risks and impacts, aligning with sustainability goals and regulatory requirements. This tool is key in enabling professionals to integrate environmental considerations into investment and financial strategies effectively.