Adia Lab Symposium: Riccardo Rebonato invited to discuss beyond climate risk scenarios
Written on 02 Nov 2023.
Riccardo Rebonato, Scientific Director, EDHEC-Risk Climate Impact Institute, and Professor of Finance, EDHEC Business School has been invited to deliver a presentation titled “Advances in Climate Scenario Analysis: Moving Beyond the SSP/RCP Framework” at the ADIA LAB Symposium, taking place on November 7 and 8 at the Abu Dhabi Global Market, a few weeks before the Cop28 summit begins in the UAE.
This inaugural conference, organised by Adia Lab (the research institute launched by sovereign wealth fund Abu Dhabi Investment Authority), will address “two of the world’s most pressing issues of today: climate change and health sciences.
Stanford University Professor Steven Chu, recipient of the 1997 Nobel Prize in Physics and former U.S. Secretary of Energy will open the symposium with a long presentation on the current state of the science of climate change.
Along Professor Rebonato, academic experts representing a range of disciplines will present their perspectives on how advances in data science, computation, and quantitative methods can contribute to finding solutions to climate change’s biggest challenges.
Will notably contribute Computer Science experts Prof. Jack Dongarra (University of Tennessee ) and Prof. Torsten Hoefler (ETH Zurich), FinTech specialist Prof. Luis Seco (University of Toronto), low-carbon transition scholar Prof. Soh Young In (KAIST) and leading climate economist Prof. Maria Loureiro (Universidad Santiago de Compostela).
During is presentation, Riccardo Rebonato will discuss the following topics:
- Features, strengths and weaknesses of the SSP/RCP framework
- Why climate scenarios need a probabilistic description
- SSP/RCP-consistent probabilistic scenarios
- SSP/RCP-independent probabilistic scenarios
- Three “universal relationships” to assign (conditional and unconditional) probabilities to climate scenarios
- A Bayesian-Net perspective for the modelling of the ‘residuals’
To watch the replay of the keynote session, follow this link or see the video below:
ABOUT ADIA LAB
ADIA Lab is an independent institution engaged in basic and applied research in Data Science, Artificial Intelligence, Machine Learning, and High-Performance and Quantum Computing, across all major fields of study. This includes exploring applications in areas such as climate change and energy transition, blockchain technology, financial inclusion and investing, decision making, automation, cybersecurity, health sciences, education, telecommunications, and space. Based in Abu Dhabi, ADIA Lab is an independent, standalone entity supported by the Abu Dhabi Investment Authority (ADIA), a globally-diversified investment institution that invests funds on behalf of the Government of Abu Dhabi. ADIA Lab has its own governance and operational structure, and is guided by an Advisory Board of global thought leaders in data and computationally-intensive disciplines, to pursue its research independently.
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
