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	<title>business cycles &#8211; BIOENGINEER.ORG</title>
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		<title>New climate-economy model puts finance, innovation and debt at the heart of global warming projections</title>
		<link>https://bioengineer.org/new-climate-economy-model-puts-finance-innovation-and-debt-at-the-heart-of-global-warming-projections/</link>
		
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		<pubDate>Thu, 08 Oct 2026 23:15:20 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[business cycles]]></category>
		<category><![CDATA[climate damage functions]]></category>
		<category><![CDATA[climate economics]]></category>
		<category><![CDATA[endogenous growth]]></category>
		<category><![CDATA[ensemble simulation]]></category>
		<category><![CDATA[financial fragility]]></category>
		<category><![CDATA[FRIDA v2.1]]></category>
		<category><![CDATA[integrated assessment models]]></category>
		<category><![CDATA[public debt]]></category>
		<category><![CDATA[Schumpeterian innovation]]></category>
		<category><![CDATA[stock-flow consistency]]></category>
		<category><![CDATA[unemployment]]></category>
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					<description><![CDATA[Researchers have unveiled FRIDA v2.1, a Schumpeterian, stock-flow consistent global economy model that traces climate damage through finance, innovation, employment and public debt instead of a single aggregate damage function.]]></description>
		
		
		
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