Climate scenarios: Oxford Economics’ methodological approach explained

Topic: Following the launch of Oxford Economics’ new Global Climate Service we look forward to walking you through the methodological approach to our climate scenarios in detail. Our bespoke scenarios are modelled using new climate policy levers on the Global Economic Model (GEM). The GEM stimulates a connection across three key factors: the climate, the energy system and the global macroeconomy. The model’s enhanced framework draws on our econometric analysis of the climate damage function – a relationship between temperature and productivity – and our latest research on the economic impact of carbon pricing.

Please note that we will be holding one webinar each for EMEA, Americas and APAC friendly time zones:

  • EMEA – Tuesday 9th November| 10:00 GMT
  • Americas – Tuesday 9th November | 16:00 EST
  • APAC – Tuesday 9th November | 10:00 HKT

Felicity Hannon

Associate Director in the Climate Scenarios and Modelling Team

Felicity Hannon

Associate Director in the Climate Scenarios and Modelling Team

Felicity Hannon | Associate Director in the Climate Scenarios and Modelling Team

Felicity Hannon is an Associate Director in the Stress Testing, Scenarios and Modelling Team. During her time at Oxford Economics, Felicity has focused on macroeconomic modelling and scenario analysis aimed at quantifying the impacts of various exogenous shocks (e.g. Covid-19, trade tariffs). More recently, Felicity has used scenario analysis to quantify the economic impacts of mitigation policy and global warming. She has also overseen the expansion of the climate and electricity set up on the Global Economic Model. Previously, Felicity worked as a senior policy advisor at HM Treasury.

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