This paper contributes to the normative literature on mitigation and adaptation by framing the question of their … optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model … with a module that models the endogenous risk of experiencing an economic catastrophe if temperature increases above a …

responsiveness of mitigation to changes in adaptation decreases. Compared to a world without climate catastrophes, risk reduces the …This paper contributes to the normative literature on mitigation and adaptation by analyzing their optimal policy … balance in the context of climate catastrophic risk. The investigation enriches an integrated assessment model introducing the …