Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Scientists use ever-more sophisticated numerical models to understand the mechanisms that shape Earth's climate and predict how it is likely to evolve. An EU-funded project is boosting Europe's contribution to this on-going international research effort and facilitates the distribution and exploitation of model data.