The national bioenergy investment model
The model described in this working paper, the National Bioenergy Investment Model (NBIM), simulates the decisions of domestic and international direct investors on whether to invest in biofuel projects in a developing country. The model can inform scenarios that assess the potential contribution of biofuel production to national development goals. It can also be run interactively, with users specifying policy packages and trajectories for highly influential but uncertain factors, such as fossil fuel prices.