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/003) that discuss fiscal policies for climate change adaptation. A first Note (Bellon and Massetti 2022, henceforth Note 1 …) examines the economic principles that can guide the integration of climate change adaptation into fiscal policy. It argues that … climate change adaptation should be part of a holistic, sustainable, and equitable development strategy. To maximize the …
Persistent link: https://www.econbiz.de/10013332756
Adaptation to climate change is an integral part of sustainable development and a necessity for advanced and developing … economies alike. How can adaptation be planned for and mainstreamed into fiscal policy? Setting up inclusive coordination … guidance for next steps. 2. Developing adaptation solutions. This block can be guided by extending the IMF three …
Persistent link: https://www.econbiz.de/10013332760
Adaptation to climate change is a necessity for advanced and developing economies alike. Policymakers face the … challenge of facilitating this transition. This Note argues that adaptation to climate change should be part of a holistic … adaptation programs with positive externalities, address market imperfections and policies that make private adaptation …
Persistent link: https://www.econbiz.de/10013332767
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10010366158
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10011922161
Persistent link: https://www.econbiz.de/10012002605
Estimated Ricardian models have been criticized because they rely on mean temperatures and do not explicitly include extreme temperatures. This paper uses a cross sectional approach to compare a standard quadratic Ricardian model of mean temperature with a fully flexible daily temperature bin...
Persistent link: https://www.econbiz.de/10011714958
This research investigates the potential impact of warming on Italian agriculture. Using a detailed dataset of 16,000 farms across Italy, the study examines likely warming impacts in different regions and for different sectors of Italian agriculture. The study finds that farm net revenues are...
Persistent link: https://www.econbiz.de/10011659655
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10010270521
In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...
Persistent link: https://www.econbiz.de/10010272488