This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE … subsequently perturbed by shocks, simulating the effects of climate change. We portray the impact of climate change on tourism by …

light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find … that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … problems. In an attempt to advance in the modelling of adaptation within IAM models, we apply this methodology to shed some …

global mitigation within a noncooperative framework where countries either decide on mitigation before or after adaptation … lower national contributions to the global public good of mitigation. We find that the sequencing of adaptation before … when adaptation is decided before mitigation. Besides this theoretical contribution, the paper proposes some strategies to …

This paper studies the influence of productivity, pollution sensitivity, and adaptive capacity on optimal mitigation … and adaptation in a two country global pollution model. We investigate the effects of changes of these parameters on the … allocation of emissions, adaptation expenditures, and welfare. In our analysis we distinguish between cooperative and …

Commission adopted a new Strategy on Adaptation to Climate Change aiming to reinforce the adaptive capacity and minimize … with respect to both the intertemporal consumption and the mix between an insurance (adaptation) against the magnitude of … the catastrophic losses, and an effort strategy (mitigation) aimed at reducing the frequency of such losses. The …

damages, mitigation, or adaptation costs, may cause fundamental changes in the countries' strategic behaviour concerning … mitigation and adaptation efforts. Moreover, some of the instruments fall short of a minimum requirement for the donors to …-country framework in which donor and recipient decide on mitigation in the first, and on adaptation in the second stage of the game. …

each model. The framework is used to analyze the adaptation vs. mitigation dilemma and provides a simple criterion to … determine whether adaptation activities should be undertaken promptly, delayed to some future date, or avoided altogether. …

occur (adaptation). The tension is that mitigation and adaptation investments are strategic substitutes. We begin with a … model that points to how non-binding pledges could be more effective in a world with both mitigation and adaptation … adaptation opportunities exist, pledges lead to higher investment in col- lective mitigation, lower investment in adaptation and …