About RMGEO Consultants

Bridging rigorous economics and environmental science

Director and Lead Economist · Dr. Onil Banerjee

Putting natural capital at the heart of macroeconomic policy — for Finance Ministries, Central Banks, and the multilateral institutions that work with them.

Dr. Onil Banerjee, Director and Lead Economist of RMGEO Consultants Inc.

RMGEO Consultants Inc. provides expertise globally to enrich public policy and investment decision-making, bridging rigorous economics and environmental science to inform the decisions that shape national economies.

Dr. Onil Banerjee founded RMGEO Consultants Inc. in 2002 and subsequently spent a decade as a Natural Resource Economist with the Inter-American Development Bank in Washington DC. There he built integrated economic-environmental modeling capacity inside government across Latin America and the Caribbean.

He has since returned to RMGEO, extending the framework’s geographic reach and producing the enhancements that define the next-generation Open IEEM Platform today. Onil has led economic and environmental analysis for the World Bank, the Inter-American Development Bank, FAO and other institutions in more than 40 countries and regions across Latin America, Africa and Asia. He holds a PhD in forest policy and economics from the University of Florida.

Next-generation Open IEEM Platform — economic engine, land-use change model, ecosystem services, and economic feedbacks hub

RMGEO’s Flagship Platform

The Next-Generation Open IEEM Platform

The Open IEEM Platform couples a recursive-dynamic Computable General Equilibrium model with spatial land-use, land-cover change, and ecosystem services modeling. Built and applied across more than 40 countries and regions worldwide, it translates ecosystem service flows into the macroeconomic indicators that drive decisions: GDP, national wealth, sectoral output, and employment.

Approach

The RMGEO Network Model

RMGEO does not staff projects from a fixed roster. For each engagement, we assemble a bespoke team drawn from a global network of thought leaders in environmental economics, ecosystem services modeling, land-use change, and computable general equilibrium — selected for the specific demands of the country, sector, and policy question at hand. This keeps the work at the frontier of the discipline and aligned squarely with the client’s problem, not the team that happens to be on the bench.

Collaborator

Kenneth J. Bagstad

Kenneth J. Bagstad, PhD

Senior Fellow, Data Foundation

Ken Bagstad is a Senior Fellow at the Data Foundation’s Center for Climate and Environmental Data. He has led efforts in the U.S. and internationally to design and implement standard practices for natural capital accounting. During his 14 years at the U.S. Geological Survey, Ken coordinated work to measure and report the contributions of ecosystems and natural resources to the U.S. economy.

He has served as a senior technical advisor to the World Bank and the United Nations. His work on semantic interoperability for environmental and economic data, through a long-standing collaboration on the ARIES project, aims to make computational workflows more transparent, replicable and timely. Ken is a co-developer of the Open IEEM Platform and holds a PhD in ecological economics from the University of Vermont.

Selected Engagements

Institutions and governments

Multilateral and Bilateral

  • Inter-American Development Bank
  • World Bank
  • Multiple United Nations Agencies
  • USAID
  • GIZ
  • Global Affairs Canada

Governments and Research

  • Governments across Latin America and the Caribbean
  • Government of Brazil
  • Governments of Rwanda and Zambia
  • CSIRO (Australia)
40+
Country applications
100+
Peer-reviewed journal & working paper publications
12+
Years developing the Open IEEM Platform

Contact

How can the next-generation Open IEEM Platform serve your institution?

Let’s talk.

onil@rmgeo.org

Based in: Bangkok, Thailand (UTC+7)

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