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The 27th Conference of the Parties (COP 27) to the United Nations Framework Conven­tion on Climate Change (UNFCCC) in Sharm el-Sheikh, Egypt, was marked by multiple crises and the shaken confidence of developing countries in the multilateral process. Nonetheless, an agreement was reached on...
Persistent link: https://www.econbiz.de/10014000491
This paper contributes to the normative literature on mitigation and adaptation by analyzing their optimal policy … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the … responsiveness of mitigation to changes in adaptation decreases. Compared to a world without climate catastrophes, risk reduces the …
Persistent link: https://www.econbiz.de/10010327208
stimulate efficient adaptation and mitigation should not exclusively rely on the assumption of the homo oeconomicus, but take … outcomes. This paper systematically reviews what prospect theory can offer to analyse mitigation and adaptation. It is shown …-known puzzles in the climate debate, including (but not limited to) the different uptake of mitigation and adaptation amongst …
Persistent link: https://www.econbiz.de/10010327236
A strategy of inclusion of adaptation and mitigation expenses in a model of optimal growth under threat of climate … (even to extinction forever) and/or triggers a fundamental change of the economic structure. Mitigation expenses reduce the … long-run probability of a calamity or the speed of convergence to it; adaptation expenses help to improve the standard of …
Persistent link: https://www.econbiz.de/10010328152
Climate change is now affecting agriculture and food production in every country of the world. Here the authors present the IMPACT model results on yield, production, and net trade of major crops in China, and on daily calorie availability as an overall indicator of food security under climate...
Persistent link: https://www.econbiz.de/10010330080
mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …
Persistent link: https://www.econbiz.de/10011872116
widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims … to the existing literature, we explicitly model the decision of risk-averse governments on mitigation and adaptation … at a reduction of greenhouse gas emissions whereas adaptation reduces the follow-up costs of climate change. In contrast …
Persistent link: https://www.econbiz.de/10010274939
costs, hide the presence of a third category, namely adaptation costs. This dodges the determination of an appropriate level … for them. Including adaptation costs explicitly in the total environmental cost function allows one to characterize the … for cost benefit analysis of adaptation expenditures. …
Persistent link: https://www.econbiz.de/10010279527
recent 2009 Copenhagen Accord, it is amply recognized that both mitigation and adaptation strategies are necessary to combat … uncertainty works in the direction to make mitigation a more attractive strategy than adaptation. When catastrophic uncertainty is … that optimal mitigation responses are much less sensitive than adaptation responses to spatial uncertainty. Mitigation …
Persistent link: https://www.econbiz.de/10010279582
related to climate adaptation. This paper attempts understand how global coffee companies are addressing climate change … adaptation as part of corporate social responsibility (CSR) strategies and what barriers may exist to prevent future scale-up. To … answer this question, I analyzed overall global adaptation needs and the specific needs of the coffee industry, which …
Persistent link: https://www.econbiz.de/10014545988