2022 | Other | Outstanding | SDG13 | SDG17 | SDG7 | Switzerland
Climate finance accounting via artificial intelligence

Company or Institution

ETH Zurich

Industry

Other

Website

https://rdcu.be/cV7sP

Country

Switzerland

Sustainable Development Goals (SDGs)

SDG 7: Affordable and Clean Energy

SDG 13: Climate Action

SDG 17: Partnerships to achieve the Goal

General description of the AI solution

We developed an artificial intelligence (AI) model to identify international climate finance from the project descriptions of official development assistance. From the project description, the AI model can categorize if a project is relevant for climate finance and, if yes, to what climate-relevant purpose it contributes (e.g., adaptation, solar energy). We have applied the model on 2.7 million project descriptions and validated the results extensively, via user studies and third-party data. Setting the AI model into practice can help to solve a fundamental problem of international climate finance: accountability. Currently, contributing nations are reporting their climate flows without independent verification checks. Our model could solve this issue in a cost-efficient way by flagging projects that have either been omitted by reporting contributors or potentially been over-reported.

Github, open data repository, prototype or working demo

https://github.com/MalteToetzke/consistent-and-replicable-estimation-of-bilateral-climate-finance

Publications

Toetzke, M., Stünzi, A. & Egli, F. Consistent and replicable estimation of bilateral climate finance. Nature Climate Change (2022). doi: https://doi.org/10.1038/s41558-​​022-​01482-7

Roberts, T., Weikmans, R. Checking contentious counting. Nature Climate Change (2022). doi:
https://www.nature.com/articles/s41558-022-01483-6

Toetzke, M., Banholzer, N. & Feuerriegel, S. Monitoring global development aid with machine learning. Nat Sustain (2022). https://www.nature.com/articles/s41893-022-00874-z

Needs

Funding

Public Exposure

CONTACT

International Research Centre
on Artificial Intelligence (IRCAI)
under the auspices of UNESCO 

Jožef Stefan Institute
Jamova cesta 39
SI-1000 Ljubljana

info@ircai.org
ircai.org

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