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Managing risks from extreme events will be a crucial component of climate change adaptation. In this study, we … demonstrate an approach to assess future risks and quantify the benefits of adaptation options at a city-scale, with application … limited share of total losses but a large shock for poor households. The analysis also demonstrates that adaptation could …
Persistent link: https://www.econbiz.de/10008726892
To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible investment and a climate constraint. Alternative...
Persistent link: https://www.econbiz.de/10011662054
We offer an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies consistently find negative impacts of higher temperature on...
Persistent link: https://www.econbiz.de/10014422614
-scale risks of climate change and the local benefits of both adaptation policies and (global) mitigation strategies. …
Persistent link: https://www.econbiz.de/10005045571
This study illustrates a methodology to assess economic impacts of climate change at city scale, focusing on sea level rise and storm surge. It is based on a statistical analysis of past storm surges in the studied city, matched to a geographical-information analysis of the population and asset...
Persistent link: https://www.econbiz.de/10005045573
This global screening study makes a first estimate of the exposure of the world's large port cities to coastal flooding due to storm surge and damage due to high winds. This assessment also investigates how climate change is likely to impact each port city's exposure to coastal flooding by the...
Persistent link: https://www.econbiz.de/10005045577
Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
This paper finds that it is optimal to start a long-term emission-reduction strategy with significant short-term abatement investment, even if the optimal carbon price starts low and grows progressively over time. Moreover, optimal marginal abatement investment costs differ across sectors of the...
Persistent link: https://www.econbiz.de/10011882054
Funding adaptation requires adequate governance and there are different ways to organise and channel the funds to where … development under conditionality, namely adaptation-development, and its requirement in terms of financing architecture. To … funding examples provide a pertinent analogy for the adaptation problem, and most issues in adaptation finance have also been …
Persistent link: https://www.econbiz.de/10008747740
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we...
Persistent link: https://www.econbiz.de/10010194397