Related papers: Machine learning models for predicting catastrophe…
Floods are one of nature's most catastrophic calamities which cause irreversible and immense damage to human life, agriculture, infrastructure and socio-economic system. Several studies on flood catastrophe management and flood forecasting…
The midlatitude climate and weather are shaped by storms, yet the factors governing their predictability remain insufficiently understood. Here, we use a Convolutional Neural Network (CNN) to predict and quantify uncertainty in the…
Seasonal forecast of Arctic sea ice concentration is key to mitigate the negative impact and assess potential opportunities posed by the rapid decline of sea ice coverage. Seasonal prediction systems based on climate models often show…
Machine learning (ML) estimates of conditional average treatment effects (CATE) can guide policy decisions, either by allowing targeting of individuals with beneficial CATE estimates, or as inputs to decision trees that optimise overall…
We study U.S. Treasury yield curve forecasting under distributional uncertainty and recast forecasting as an operations research and managerial decision problem. Rather than minimizing average forecast error, the forecaster selects a…
Climate models are essential to understand and project climate change, yet long-standing biases and uncertainties in their projections remain. This is largely associated with the representation of subgrid-scale processes, particularly…
Seasonal forecasting is a crucial task when it comes to detecting the extreme heat and colds that occur due to climate change. Confidence in the predictions should be reliable since a small increase in the temperatures in a year has a big…
Machine learning and deep learning methods have been widely explored in understanding the chaotic behavior of the atmosphere and furthering weather forecasting. There has been increasing interest from technology companies, government…
Sub-seasonal climate forecasting (SSF) focuses on predicting key climate variables such as temperature and precipitation in the 2-week to 2-month time scales. Skillful SSF would have immense societal value, in areas such as agricultural…
Climate change has become one of the biggest global problems increasingly compromising the Earth's habitability. Recent developments such as the extraordinary heat waves in California & Canada, and the devastating floods in Germany point to…
Global climate models represent small-scale processes such as clouds and convection using quasi-empirical models known as parameterizations, and these parameterizations are a leading cause of uncertainty in climate projections. A promising…
Accurately forecasting the weather is a key requirement for climate change mitigation. Data-driven methods offer the ability to make more accurate forecasts, but lack interpretability and can be expensive to train and deploy if models are…
Catastrophe risk is a major threat faced by individuals, companies, and entire economies. Catastrophe (CAT) bonds have emerged as a method to offset this risk and a corresponding literature has developed that attempts to provide a…
The availability of reliable, high-resolution climate and weather data is important to inform long-term decisions on climate adaptation and mitigation and to guide rapid responses to extreme events. Forecasting models are limited by…
In situ and remotely sensed observations have potential to facilitate data-driven predictive models for oceanography. A suite of machine learning models, including regression, decision tree and deep learning approaches were developed to…
Machine Learning has become a pervasive tool in climate science applications. However, current models fail to address nonstationarity induced by anthropogenic alterations in greenhouse emissions and do not routinely quantify the uncertainty…
The successful prediction of earthquakes is one of the holy grails in Earth Sciences. Traditional predictions use statistical information on recurrence intervals, but those predictions are not accurate enough. In a recent paper, a machine…
For treatment effects - one of the core issues in modern econometric analysis - prediction and estimation are two sides of the same coin. As it turns out, machine learning methods are the tool for generalized prediction models. Combined…
Climate change is intensifying wildfire risks globally, making reliable forecasting critical for adaptation strategies. While machine learning shows promise for wildfire prediction from Earth observation data, current approaches lack…
Atmospheric models used for weather and climate prediction are traditionally formulated in a deterministic manner. In other words, given a particular state of the resolved scale variables, the most likely forcing from the sub-grid scale…