of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount …

. Here we focus on the areas where IAMs can be deployed to asses uncertainty and risk management, learning, and regional … climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters … targets emerging from the Paris Agreement and the uncertainty about the signatories' commitment to Nationally Determined …

that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify … that including uncertainty into the model tends to favour (long-lasting) mitigation with respect to (instantaneous …

reason, distinct from learning spillovers, is that reducing greenhouse gas emissions requires investment in long …

incompatibility with other domestic policy objectives. Linkage, thus, may be an important political instrument and learning process …