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.
Related Services
Event
China: Rethinking Tariff Risks and Macro Implications
While the direct macro effects of new (and potential) US tariffs could prove manageable for an economy with China's fiscal resources, Beijing's policy toolkit in response to rising tariff risks is also much bigger this time around, creating an additional source of uncertainty to the outlook. We dive into the range of possible retaliatory responses from China to ongoing trade tensions, the delicate balancing act between managing strategic interests and domestic economic headwinds, and their implications for our China forecast both in the short and medium terms.
Find Out More
Event
Global travel growth opportunities amid tariff and trade uncertainty
2025 is off to an interesting start for global travel. Two months into his second term, President Trump has begun to implement tariffs on China, Canada, Mexico and the EU and has signalled he may go further on these measures and recent data is beginning to shed light on the potential impacts on travel. In this webinar, we examine who has the most to lose in the global trade war and what opportunities remain across global travel activity.
Find Out More