The ICES (Intertemporal Computable Equilibrium System) model is one of the main modelling tools developed within the FEEM Research Programme “Sustainable Development” and designed to assist in the study of the socio-economic dimension of climate change.

ICES is a recursive dynamic general equilibrium model developed with the main (but not exclusive) purpose to assess the final welfare implication of climate change impacts on world economies.

In addition to climate-change impact assessment, the model can be used to study mitigation and adaptation policies as well as different trade and public-policy reforms in the vein of conventional CGE.

To contact the researchers working on ICES please write an email to

More information about this model.

Research Papers:

  • RP0008 – Forestry and the Carbon Market Response to Stabilize Climate
  • RP0014 – Climate Change Impacts and Adaptation Strategies in Italy. An Economic Assessment
  • RP0015 – INGV-SXG: A Coupled Atmosphere Ocean Sea-Ice General Circulation Climate Model
  • RP0016 – Changes in Tropical Cyclone Activity due to Global Warming: Results from a High-Resolution Coupled General Circulation Model
  • RP0064 – Climate Change Feedback on Economic Growth: Explorations with a Dynamic General Equilibrium Model
  • RP0094 – EU mitigation, REDD and the carbon market: a general equilibrium assessment
  • RP0125 – Assessing the economic impacts of climate change. An update CGE point of view
  • RP0126 – Improving land-use modelling within CGE to assess forest-based mitigation potential and costs
  • RP0132 – Technology spillovers embodied in international trade: Intertemporal, regional and sectoral effects in a global CGE framework
  • RP0133 – Modelling Land use, Land-Use Change, and Forestry in Climate Change: A Review of major Approaches

Research projects:    

  • CALDAM-ENV Link – Calibration of projected climate change damages in ENV-Linkages
  • HEXE – Opening the economy-climate modelling box to decision-makers
Research Papers Other contents Contacts

Francesco Bosello