Intertemporal Computable Equilibrium System (ICES)
ICES was designed provide a climate change impact assessment beyond the quantification of direct costs, including second and higher-order effects. ICES is based on the GTAP database, and shares the core structure of the GTAP-E model version.
The ICES general equilibrium structure, in which all markets are interlinked, is tailored to capture and highlight the production and consumption substitution processes at play in the social-economic system as a response to climate shocks.
When to Use This Tool
This tool is most useful for development impacts assessments focused on:
Learn more about the topics for assessing the impacts of low-emission development strategies (LEDS).
Emissions, macroeconomic, trade.
How to Use This Tool
Level of Expertise
Economic and energy data
Examples of how Intertemporal Computable Equilibrium System (ICES) has helped people assessing the impacts of low-emission development strategies in countries and regions:
Case studies are available at: http://www.cmcc.it/models/ices-intertemporal-computable-equilibrium-system.