Using Time Series Foundation Models for Atmospheric CO2 Concentration Forecasting

Saurav, Kumar; Baghel, Vinamra; Jain, Ayush; Guruprasad, Ranjini

Using Time Series Foundation Models for Atmospheric CO2 Concentration Forecasting (Papers Track)

Kumar Saurav (IBM); Vinamra Baghel (IBM); Ayush Jain (IBM); Ranjini Guruprasad (IBM)

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Meta- and Transfer Learning Climate Science & Modeling Time-series Analysis

Abstract

Recent advancements in foundation models for time series forecasting have outperformed traditional statistical and ML methods. In this study, we approach the problem of CO2 concentration forecasting using time series foundation models (TSFMs). We extensively evaluate the performance of TSFMs under zero-shot and fine-tuned settings against popular traditional forecasting baselines and discuss the spatial transfer learning capability of TSFMs across diverse geographic locations.