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=== Carbon Markets ===
Generally speaking, carbon markets aim to reduce GHG emissions by setting limits on emissions and enabling the trading of emission units, which represent emission reductions. ML can help predict prices in carbon markets and analyze the main drivers of these prices to improve their efficiency. In terms of the design of market-based strategies, such as carbon tax or cap-and-trade programs, it is necessary to understand how effectively each strategy will reduce emissions, as well as how the underlying socio-technical system may be affected. ML can help assess the outcomes of market-based strategies to ensure they are effective and equitable.
== Data ==▼
There are several sources of data at various global, regional, and national levels, all of which are useful for modeling the impact of policies, as well as markets▼
* [https://www.climatesmartplanning.org/data.html World Bank ClimateSmart data portal]: focuses on the needs of practitioners working in developing countries on low-emission development and climate resilient projects.▼
* [https://sedac.ciesin.columbia.edu/data/set/entri-treaty-status-2012 Environmental Treaty Status Data Set, 2012 Release (1940–2012)]: provides information on the status of country participation in international environmental agreements.▼
* [https://www.cgdev.org/publication/dataset-vulnerability-climate-change Vulnerability to Climate Change Dataset]: quantifies the vulnerability of 233 countries to three major effects of climate change (weather-related disasters, sea-level rise, and reduced agricultural productivity).▼
* [http://datahub.io/core/eu-emissions-trading-system CO2 “price” in European ETS]: Data about the European Union Emissions Trading System (ETS), coming mainly from the EU Transaction Log.▼
* [https://sedac.ciesin.columbia.edu/data/set/ipcc-socio-economic-baseline IPCC Socio-Economic Baseline Data, v1] (1980, 1990, 1991, 1992, 1993, 1994, 1995, 2025): dataset for the evaluation of climate change impact curated by the Intergovernmental Panel on Climate Change (IPCC)▼
* [https://sedac.ciesin.columbia.edu/data/set/ipcc-ar4-observed-climate-impacts IPCC Fourth Assessment Report (AR4) Observed Climate Change Impacts, v1 (]1970–2004): database with observed responses to climate change for multidisciplinary studies curated by the IPCC.▼
===
Given the importance of representing the impacts of decision-making and market-based strategies, interactive simulation tools and packages for multi-objective optimization are particularly useful in this application. Some of these are listed below:▼
*'''Resources for Effective Climate Decisions. (Ch. 4) Informing an Effective Response to Climate Change (2010''')<ref>{{Cite journal|date=2010-12-07|title=Informing an Effective Response to Climate Change|url=http://dx.doi.org/10.17226/12784|doi=10.17226/12784}}</ref>: A chapter from a report published after a series of five coordinated activities convened by the National Research Council in response to a request from Congress. [https://www.nap.edu/read/12784/chapter/6#126 Available here.]
* [https://www.carbonpricingleadership.org/calendar/2019/1/18/carbonsim-edfs-carbon-market-simulation-tool Carbon market simulation tool]: demystifies how to develop and implement a carbon portfolio management strategy, and demonstrates that results are driven by design. ▼
*'''Climate Change and Society: Approaches and Responses. (2011)'''<ref>{{Cite journal|last=Dryzek|first=John S.|last2=Norgaard|first2=Richard B.|last3=Schlosberg|first3=David|date=2011-08-18|title=Climate Change and Society: Approaches and Responses|url=http://dx.doi.org/10.1093/oxfordhb/9780199566600.003.0001|journal=Oxford Handbooks Online|doi=10.1093/oxfordhb/9780199566600.003.0001}}</ref>: a chapter from the Oxford Handbook of Climate Change and Society. [https://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780199566600.001.0001/oxfordhb-9780199566600-e-1 Available here.]
* Python packages for multi-objective optimization:▼
*'''Assessment and Decision-making for Climate Change: An Overview of Four Approaches (2012):''' The second report of the West Kootenay Climate Vulnerability and Resilience Project. [https://www2.gov.bc.ca/assets/gov/environment/natural-resource-stewardship/nrs-climate-change/applied-science/holtreport2assess4approaches.pdf Available here.]
**[https://projects.g-node.org/emoo/ Evolutionary Multi-Objective Optimization (EMOO)]▼
*'''Social Capital, Collective Action, and Adaptation to Climate Change (2003)'''<ref>{{Citation|title=Social Capital, Collective Action, and Adaptation to Climate Change|url=http://dx.doi.org/10.1007/978-3-531-92258-4_19|publisher=VS Verlag für Sozialwissenschaften}}</ref>''':''' a review of the emerging perspectives of collective action and social capital. [https://www.crcresearch.org/files-crcresearch/File/adger_03.pdf Available here.]
** [https://platypus.readthedocs.io/ Platypus - Multi-objective Optimization in Python]: Platypus is a framework for evolutionary computing in Python with a focus on multiobjective evolutionary algorithms (MOEAs), providing optimization algorithms and analysis tools for multiobjective optimization.▼
*'''Social, Economic, and Ethical Concepts and Methods. (Ch. 3). (2014)'''<ref>{{Citation|title=Social, Economic, and Ethical Concepts and Methods|url=http://dx.doi.org/10.1017/cbo9781107415416.009|publisher=Cambridge University Press}}</ref> : a report by the Intergovernmental Panel on Climate Change (IPCC) regarding the social and economic aspects of climate change. [https://www.ipcc.ch/site/assets/uploads/2018/02/ipcc_wg3_ar5_chapter3.pdf Available here.]
* [https://www.mathworks.com/discovery/multiobjective-optimization.html Matlab package for multi-objective optimization]: Matlab package for multi-objective optimization, accompanied by tutorial videos and explanations.▼
▲== Recommended Readings ==
==== Policy Design ====
*
*'''Decision making under uncertainty in climate change mitigation: introducing multiple actor motivations, agency and influence (2018)'''<ref>{{Cite journal|last=Roelich|first=Katy|last2=Giesekam|first2=Jannik|date=2018-06-04|title=Decision making under uncertainty in climate change mitigation: introducing multiple actor motivations, agency and influence|url=http://dx.doi.org/10.1080/14693062.2018.1479238|journal=Climate Policy|volume=19|issue=2|pages=175–188|doi=10.1080/14693062.2018.1479238|issn=1469-3062}}</ref>: an article that presents an analysis that includes the perspectives and agency of multiple actors in climate change mitigation, through a case study of the UK construction sector. [https://www.tandfonline.com/doi/full/10.1080/14693062.2018.1479238 Available here.]
*'''Decision Making and Climate Change Uncertainty: Setting the Foundations for Informed and Consistent Strategic Decisions. (2019)'''<ref>{{Cite book|title=Adapting Infrastructure to Climate Change|url=http://dx.doi.org/10.4324/9781315638973|publisher=Routledge|accessdate=2020-08-28}}</ref>''':''' an accessible explanation of how public officials, especially in low income countries, can address today's short- term pressing needs while preparing for tomorrow's climate-related impacts, written by the Climate Change Advisor of the Government of Quito, Chile. [https://www.wri.org/our-work/project/world-resources-report/decision-making-and-climate-change-uncertainty-setting Available here.]
*'''Climate Change Policies (2016'''<ref>{{Cite journal|last=Del Río|first=Pablo|title=Climate Change Policies and New Technologies|url=http://dx.doi.org/10.4337/9781781000885.00016|journal=Climate Change Policies|doi=10.4337/9781781000885.00016}}</ref>'''):''' A report by the European Environmental Agency on defining successful, impactful policies for climate change. [https://www.eea.europa.eu/themes/climate/policy-context Available here.]
==== Markets and Pricing ====
*'''Market Strategies for Climate Change (2004)'''<ref>{{Cite journal|last=Kolk|first=Ans|last2=Pinkse|first2=Jonatan|date=2004-06-01|title=Market Strategies for Climate Change|url=http://www.sciencedirect.com/science/article/pii/S0263237304000453|journal=European Management Journal|language=en|volume=22|issue=3|pages=304–314|doi=10.1016/j.emj.2004.04.011|issn=0263-2373}}</ref>''':''' examines current market responses, focusing on the drivers (threats and opportunities) and the actions being taken by companies to address climate change. [https://www.sciencedirect.com/science/article/abs/pii/S0263237304000453 Available here.]
*'''The Critical Role of Markets in Climate Change Adaptation (2018)'''<ref>{{Cite journal|last=Anderson|first=Sarah|last2=Anderson|first2=Terry|last3=Hill|first3=Alice|last4=Kahn|first4=Matthew|last5=Kunreuther|first5=Howard|last6=Libecap|first6=Gary|last7=Mantripragada|first7=Hari|last8=Mérel|first8=Pierre|last9=Plantinga|first9=Andrew|last10=Smith|first10=V. Kerry|date=2018-05|title=The Critical Role of Markets in Climate Change Adaptation|url=http://www.nber.org/papers/w24645.pdf|language=en|location=Cambridge, MA|pages=w24645|doi=10.3386/w24645}}</ref>''':''' this paper summarizes and synthesizes the role of markets in facilitating climate change adaptation. It explains how market signals encourage adaptation through land markets. [https://www.nber.org/papers/w24645 Available here.]
*'''Market-based strategies. (2019)'''<ref>{{Cite web|title=Market-Based Strategies|url=https://www.c2es.org/content/market-based-strategies/|website=Center for Climate and Energy Solutions|date=2020-06-13}}</ref>: An overview prepared by the Center for Climate and Energy Solutions about market-based approaches, like a carbon tax or cap-and-trade program, that can help reduce emissions at the lowest possible cost. [https://www.c2es.org/content/market-based-strategies/ Available here.]
== Online Courses and Course Materials ==
<br />
== Community ==
===
*[https://www.un.org/en/climatechange/un-climate-summit-2019.shtml '''United Nations Climate Summit''']: a summit presenting countries' concrete, realistic plans to enhance their nationally determined contributions by 2020, in line with reducing greenhouse gas emissions by 45 per cent over the next decade, and to net zero emissions by 2050.
=== Societies and organizations ===▼
*'''[https://unfccc.int/process-and-meetings/conferences/bonn-climate-change-conference-june-2019/bonn-climate-change-conference-june-2019 Bonn Climate Change Conference]:''' hosts a wide range of events, meetings, and negotiating sessions that will set the stage for raising ambition to curb greenhouse gas emissions, accelerate resilience-building efforts, and ensure that climate policy is built on a solid foundation of the best available science and knowledge.
*[https://www.c2es.org/events/ '''Center for Climate and Energy Solutions''']: an independent, nonpartisan, nonprofit organization working to forge practical solutions to climate change.
== Libraries and tools ==
▲Given the importance of representing the impacts of decision-making and market-based strategies, interactive simulation tools and packages for multi-objective optimization are particularly useful in this application. Some of these are listed below:
▲*
▲* Python packages for multi-objective optimization:
▲**[https://projects.g-node.org/emoo/ Evolutionary Multi-Objective Optimization (EMOO)]
▲**
▲*
▲== Data ==
▲There are several sources of data at various global, regional, and national levels, all of which are useful for modeling the impact of policies, as well as markets
▲* [https://www.climatesmartplanning.org/data.html World Bank ClimateSmart data portal]: focuses on the needs of practitioners working in developing countries on low-emission development and climate resilient projects.
▲* [https://sedac.ciesin.columbia.edu/data/set/entri-treaty-status-2012 Environmental Treaty Status Data Set, 2012 Release (1940–2012)]: provides information on the status of country participation in international environmental agreements.
▲* [https://www.cgdev.org/publication/dataset-vulnerability-climate-change Vulnerability to Climate Change Dataset]: quantifies the vulnerability of 233 countries to three major effects of climate change (weather-related disasters, sea-level rise, and reduced agricultural productivity).
▲* [http://datahub.io/core/eu-emissions-trading-system CO2 “price” in European ETS]: Data about the European Union Emissions Trading System (ETS), coming mainly from the EU Transaction Log.
▲* [https://sedac.ciesin.columbia.edu/data/set/ipcc-socio-economic-baseline IPCC Socio-Economic Baseline Data, v1] (1980, 1990, 1991, 1992, 1993, 1994, 1995, 2025): dataset for the evaluation of climate change impact curated by the Intergovernmental Panel on Climate Change (IPCC)
▲* [https://sedac.ciesin.columbia.edu/data/set/ipcc-ar4-observed-climate-impacts IPCC Fourth Assessment Report (AR4) Observed Climate Change Impacts, v1 (]1970–2004): database with observed responses to climate change for multidisciplinary studies curated by the IPCC.
==
== References ==
<references />
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