Climate damages, temperature changes - GRACE

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It is possible to include a simple climate module in GRACE although currently it is not in place. At the moment, GRACE generates greenhouse gas emissions as inputs to simple or large climate models and the climate variables generated from climate models can be used as inputs to GRACE to disturb external environment of the global economic system. The soft-link to climate models enable GRACE to analyze the interactions between economic activities and climate change. For example, we can analyze climate and energy policy effect on global temperature and economic impact of climate change.

Alert-warning.png Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE

Corresponding documentation
Previous versions
No previous version available
Model information
Model link https://sites.google.com/view/taoyuanwei/home/grace
Institution Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.
Solution concept General equilibrium (closed economy)
Solution method SimulationRecursive dynamic solution method
Anticipation