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Global Excellence in Modeling Climate and Energy Policies

Project description

Easy transition to a zero-carbon economy

In recent years, due to the growing concerns about global warming and climate change, a big effort is being made to transition to a zero-carbon economy. This transition, however, presents a number of challenges. For example, the economic implications and speed of the transition as well as the need for technologies and financing that will make it possible. The EU-funded GEOCEP project aims to develop and provide an economic modelling framework that will support the transition to a zero-carbon economy. It will do this with the help of many think tanks and universities along with state-of-the-art natural and social sciences already implemented in its framework.

Objective

The global GEOCEP project provides an innovative economic modelling framework supporting the energy transition to a zero-carbon economy and integrating new challenges posed by this transition, including social and technological innovations, the need for flexibility, and new business and services models. GEOCEP brings together leading global and regional think tanks and universities and connects the frontiers of climate change and energy economics with state-of-the-art natural and social sciences utilized in the complex GEOCEP modelling framework. GEOCEP research secondments support a world-wide knowledge transfer aimed to achieve scientific breakthroughs in creating new generations of models enabling complex economic analysis of the anthropogenic drivers and the impacts of and responses to climate change. GEOCEP recognizes that the first best policy in solving the global externality of greenhouse gases as a major driving force of climate change is the imposition of a global price on carbon emissions. Therefore, GEOCEP aims at advancements in modelling techniques related to carbon pricing and impact assessment, including Integrated Assessment Models, hybrid modelling platforms and related theoretical and empirical models. GEOCEP clearly identifies institutional and political obstacles to implementing the first-best solutions to control for the global carbon externality and, consequently, investigates an array of second-best energy and climate mitigation policies focused on increasing energy efficiency, on reducing emissions and related environmental and health externalities and on promoting renewable energy. An understanding of the public impact of energy transition and climate change requires intensive communication of innovative research results to policy-makers and active dissemination to the public at large. This communication and dissemination effort enables formulation of evidence–based and publicly supported policies on both global and regional levels.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-RISE - Marie Skłodowska-Curie Research and Innovation Staff Exchange (RISE)

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-RISE-2019

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Coordinator

UNIVERZITA KARLOVA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 163 800,00
Address
OVOCNY TRH 560/5
116 36 Praha 1
Czechia

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Region
Česko Praha Hlavní město Praha
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 343 200,00

Participants (5)

Partners (16)

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