Virtual training: Using macroeconomic models to assess the impacts of climate change and adaptation on national economies.


This training is offered to share experience from the CRED programme in piloting the development and application of such models in Georgia, Kazakhstan and Vietnam. The CRED programme developed together with experts from the Institute of Economic Structures Research (GWS) a macroeconomic e3 prototype model for adaptation planning. This model allows to analyze the macroeconomic impacts of climate hazards and investments in suitable adaptation options. During the training participants will have the opportunity to work with the model in interactive exercises. The training will be conducted in two consecutive two-hour sessions on January 31 and February 3, 2023 (1 to 3 pm CET).

Participants in the training will get a basic understanding about how to use macroeconomic models for adaptation planning purposes and how to model the macroeconomic impacts of climate change and adaptation. Subsequent extensions of the prototype and application for adaptation planning are encouraged but not part of the current scope of the CRED project. Requests for support and capacity building are welcomed and will be supported from GIZ in alignment with ongoing country-specific development cooperation portfolio.

The training will be conducted by Dr. Anett Großmann and Mr. Frank Hohmann (GWS). We highly recommend participation on both days as the training sessions build upon each other. Please note that a prerequisite for the participation in the interactive exercises is that you join the training with a Microsoft Windows computer, which has Excel installed (at least the version from 2016). If you would like to participate in the event, please send an email to Ms. Anne Weltin to register and to receive updates.

The Global Programme on Climate Resilient Economic Development (CRED) implemented by GIZ on behalf of the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) kindly invites you to participate in an introductory training on using macroeconomic models for assessing the impacts of climate change and adaptation on national economies.

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