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GRACE describes the global and regional economy by region and sector. Hence, any sustainability issues related to the economy can potentially be analyzed by GRACE. For example, the United Nations Sustainable Development Goals (UN SDGs) on poverty, hunger, health and well-being, economic growth, consumption, production, and economic aspect of education and gender equality, water, energy, industry, inequalities, cities and communities.{{ModelDocumentationTemplate
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Latest revision as of 06:42, 7 December 2020

GRACE describes the global and regional economy by region and sector. Hence, any sustainability issues related to the economy can potentially be analyzed by GRACE. For example, the United Nations Sustainable Development Goals (UN SDGs) on poverty, hunger, health and well-being, economic growth, consumption, production, and economic aspect of education and gender equality, water, energy, industry, inequalities, cities and communities.

Alert-warning.png Note: The documentation of GRACE is 'under review' and is not yet 'published'!

Model Documentation - GRACE

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Center for International Climate Research (CICERO), Norway, https://cicero.oslo.no/en.
Solution concept General equilibrium (closed economy)
Solution method SimulationRecursive dynamic solution method
Anticipation