Transdisciplinarity Enabled
From: The International Research Institute for Climate & Society: why, what and how
Forecast Technique | Mean benefits [$M/dec] | Mean losses [$M/dec ( f)] | Dependability [%] | Superior decadal [%] | Benefit cases annual [%] |
---|---|---|---|---|---|
Perfect Forecast | 3,350 | --- | 100% | ||
prob = 80% | |||||
Statistical | 2,740 | 25 (10%) | 100% | 18 | 23 |
Dynamical | 2,610 | 100 (66%) | 100% | 0 | 15 |
Multi-model | 2,780 | 5 (2%) | 100% | 82 | 35 |
No-Forecast | 2,610 | --- | > 99% | 0 | 27 |
prob = 95% | |||||
Statistical | 2,500 | 35 (23%) | 100% | 8 | 20 |
Dynamical | 2,500 | 237 (23%) | 100% | 0 | 0 |
Multi-model | 2,500 | 48 (5%) | 100% | 88 | 44 |
No-Forecast | 2,440 | --- | 100% | 4 | 36 |