Climate and Environmental Economics

''This page is about the intersection of economics and machine learning in the context of climate change mitigation. For an overview of the field of economics, please see the Wikipedia page on this topic.''

Production processes, trade and consumption of goods and services are a major driver of global greenhouse gas emissions contributing to anthropogenic climate change. At the same time, climate change affects economic activity locally and globally. A subfield of economics focusses on optimal mitigation and adaption policies and the economic assessment of climate change impacts. Key challenges in quantifying the economic effects of climate change and in designing and analyzing policy instruments are the availability of data and the application of quantitative tools to inform policymaking. ML offers new approaches to generate data and can help to evaluate the effectiveness of implemented policies.

Background Readings
Stern Review on the Economics of Climate Change: 700-page report released by economist Nicholas Stern for the Government of the United Kingdom on 30 October 2006.

Conferences, Journals, and Professional Organizations
Major journals

Environmental and Resource Economics (ERE): Official journal of the European Association of Environmental and Resource Economists. Publishes application of economic theory and methods to environmental issues and problems across a range of spatial and temporal scales up to the global dimension.

Review of Environmental Economics and Policy (REEP):

Climate policy: International journal publishing high quality research into climate-change policy, including adaptation, negotiations and impact.

Major societies and organisations

Association of Environmental and Resource Economists (AERE): Promotes change of ideas, research and graduate training in environmental and resource economics. Scientific organisation with over 1,000 members from more than thirty nations, coming from academic institutions, the public sector, and private industry.

European Association of Environmental and Resource Economists (EAERE):  International scientific association that encourages collaboration between scholars, researchers, policy makers and students in environmental, climate and resource economics in European countries.

Climate strategies: International, not-for-profit research network that aims to improve climate policy through meaningful interactions between decision-makers and climate policy researchers across Europe and internationally.

International Emissions Trading Association (IETA): Non-profit business organisation promoting the use of emissions trading.