, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the …

change impacts. These impacts affect the economy in multiple and complex ways: changes in productivity, resource endowments …, production and consumption patterns. We use a new dynamic, multi-regional Computable General Equilibrium (CGE) model of the world … economy to answer the following questions: Will climate change impacts significantly affect growth and wealth distribution in …