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 … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the …

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 … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …

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 … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the …

This paper contributes to the normative literature on mitigation and adaptation by framing the question of their … mitigation. Our analysis also shows that adaptation transfers from and strategic unilateral commitments to adaptation in … to address with mitigation Our second conclusion is that supporting adaptation in developing countries should be …

This paper contributes to the normative literature on mitigation and adaptation by framing the question of their … mitigation. Our analysis also shows that adaptation transfers from and strategic unilateral commitments to adaptation in … to address with mitigation Our second conclusion is that supporting adaptation in developing countries should be …

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 … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the …

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 …

for studying mitigation and adaptation policies … sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback … effects on the macroeconomy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate …