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in these areas, requiring prompt and effective adaptation to climate induced events –from gradual sea level rise to … of agents’ behaviour, from individual risk perceptions’ modelling to decision-making rules on the adaptation option to be …-assessment agentbased models on climate change adaptation in coastal zones, thus, is here provided to investigate the current state of the …
Persistent link: https://www.econbiz.de/10013353590
The economic implications of adaptation to climate change are crucial for the design of a distinctive adaptation policy … climate adaptation policy. First, the justified interventions of the public authorities are identified from the economic … theory point of view. These public interventions include actions aimed at the elimination of private and public adaptation …
Persistent link: https://www.econbiz.de/10010377179
Climate change adaptation in Germany is performed on several policy levels. Based on the economic theory of adaptation … policy, this paper analyses shortcomings of the German adaptation policy approach. These were found in the following areas …: ambiguous distinction between justified government interventions and private autonomous adaptation responsibilities, non …
Persistent link: https://www.econbiz.de/10010435182
Commission adopted a new Strategy on Adaptation to Climate Change aiming to reinforce the adaptive capacity and minimize … with respect to both the intertemporal consumption and the mix between an insurance (adaptation) against the magnitude of …
Persistent link: https://www.econbiz.de/10012665605
The paper develops an explicit formula for the calculation of optimal carbon taxes in a dynamic integrated assessment framework. We attempt to generalize the Gosolov et al. (2014) theory by relaxing the restrictions with logarithmic preferences, Cobb-Douglas production and the full periodwise...
Persistent link: https://www.econbiz.de/10012013508
We develop an ecological open-economy SFC model that enables testing cross-area interactions among productive sectors, financial markets and the ecosystem. We show that the unequal technical progress across areas, coupled with rising ecological awareness, can force governments of less...
Persistent link: https://www.econbiz.de/10012059910
Technology transfer is one of the most contentious issues in international negotiations on climate change. Despite its recognition at international platforms such as the United Nations Framework Convention on Climate Change, G20, etc., the independent review of Climate Technology Centre and...
Persistent link: https://www.econbiz.de/10012099553
In 2015, an estimated 429,000 deaths and 212 million cases of malaria occurred worldwide, while 70% of the deaths occurred in children under five years old. Changes in climatic exposure such as temperature and precipitation makes malaria one of the most climate sensitive outcomes. Using a global...
Persistent link: https://www.econbiz.de/10011816747
Carbon dioxide removal (CDR) is a potentially important climate strategy for attaining low climate stabilization objectives. However, climate analysis has indicated a possible weakening of the ocean carbon sinks -the largest in the world- in relation to CDR deployment. Here, we provide an...
Persistent link: https://www.econbiz.de/10011816760
We propose and implement a procedure to optimally hedge climate change risk. First, we construct climate risk indices through textual analysis of newspapers. Second, we present a new approach to compute factor mimicking portfolios to build climate risk hedge portfolios. The new mimicking...
Persistent link: https://www.econbiz.de/10014536336