The impact of CO2 emissions on the world economy

The Futures of Global Interdependence (FUGI) global modeling system has been developed as a scientific policy simulation tool of providing global information to the human society and finding out possibilities of policy coordination among countries in order to achieve sustainable development of the global economy under the constraints of rapidly changing global environment. The FUGI global model M200 classifies the world into 200 countries/regions where each national/regional model is globally interdependent through oil prices, energy requirements, international trade, export/import prices, financial flows, ODA, private foreign direct investment, exchange rates, stock market prices and global policy coordination, etc. The purpose of this article is twofold, namely to provide information on the futures of global economy under the constraints of energy requirements and CO2 emissions up to 2020 as well as strategy for sustainable development of the interdependent global economy.