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This paper presents the results of the current study on the impact of climate change on the road and building infrastructure within South Africa. The approach builds upon previous work associated with the UNU-WIDER Development under Climate Change effort emphasizing the impact of climate change...
Persistent link: https://www.econbiz.de/10009691069
Climate change may damage road infrastructure to the potential detriment of economic growth, particularly in developing countries. To quantitatively assess climate change and its consequences, we construct a climate-infrastructure model based on stressor-response relationships and link this to a...
Persistent link: https://www.econbiz.de/10013043420
In this paper, a demand-driven growth model is used to explore climate change scenarios faced by the South African economy. The focus is on key macroeconomic variables including employment, productivity, income distribution, trade, and fiscal balances. Results show that emission reduction alone...
Persistent link: https://www.econbiz.de/10014345263
Climate change is one of the contemporaneous issues of the 21st century. Of importance is how it is affecting aspects such as jobs, resource allocation, conflict, poverty in economies. Sub Saharan Africa is a special subset of the broader global economy, with countries which are still largely...
Persistent link: https://www.econbiz.de/10012978571
The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise several concerns regarding both their environmental...
Persistent link: https://www.econbiz.de/10011457751
The Paris Agreement invites signatory countries to formulate and communicate long-term low greenhouse gas emission development strategies (LT-LEDS). This report compares the experience of three developed countries that have communicated LT-LEDS within the framework of the United Nations...
Persistent link: https://www.econbiz.de/10012422646
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/10012029953
This paper introduces geoengineering into an optimal control model of climate change economics. Together with mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different characteristics have important implications for climate...
Persistent link: https://www.econbiz.de/10011853285
The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean capital, technological progress, and economic and climatic shocks. We study the low-carbon transition using a dynamic stochastic general equilibrium model with emissions abatement...
Persistent link: https://www.econbiz.de/10013472310
Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...
Persistent link: https://www.econbiz.de/10014292777