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The globalization of climate change: Amplification of climate-related physical risks through input-output linkages
Fahr, Stephan; Senner, Richard; Vismara, Andrea - 2024
climate-related physical risks with a global Input-Output model. More specifically, climate-related GDP-at-risk data are used …-sectors around the world becomes observable. The findings suggest that direct GDP loss estimates can severely underestimate the … ultimate impact of physical risk because trade can lead to losses that are up to 30 times higher in the EA than what looking at …
Persistent link: https://www.econbiz.de/10014565218
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The Macroeconomic Impact of Climate Change : Global vs. Local Temperature
Bilal, Adrien; Känzig, Diego R. - National Bureau of Economic Research - 2024
temperature leads to a 12% decline in world GDP. Global temperature shocks correlate much more strongly with extreme climatic …
Persistent link: https://www.econbiz.de/10014544728
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ECB economy-wide climate stress test : methodology and results
Alogoskoufis, Spyros; Dunz, Nepomuk; Emambakhsh, Tina; … - 2021
; (iii) a novel set of climate-specific models to capture the direct and indirect transmission channels of climate risk …
Persistent link: https://www.econbiz.de/10012627188
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Tracing CO2 Emissions in Global Value Chains
Meng, Bo - 2014
economies in 35 sectors from 1995 to 2009 based on the World Input-Output Database (WIOD) database and show how they help us to …
Persistent link: https://www.econbiz.de/10013039833
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Does Unilateral Decarbonization Pay For Itself?
Bilal, Adrien; Känzig, Diego R. - National Bureau of Economic Research - 2025
This paper shows that unilateral decarbonization pays for itself in large economies. We estimate economic damages from global temperature shocks and combine them with a climate-economy model to construct Domestic Costs of Carbon: $226 per ton for the United States and $216 per ton for the...
Persistent link: https://www.econbiz.de/10015195010
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Using a harmonized carbon price framework to finance the Green Climate Fund
Silverstein, David N. - Volkswirtschaftliche Fakultät, … - 2011
Funding a response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After reviewing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a harmonized carbon price to...
Persistent link: https://www.econbiz.de/10009370829
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A Globally Harmonized Carbon Price Framework for Financing the Green Climate Fund
Silverstein, David N. - 2013
Financing a proper response to climate change after Kyoto will require another look at both burden sharing and funding mechanisms. After describing the risks of cap-and-trade with carbon offsets and the advantages of a harmonized carbon tax, a method is proposed to utilize a globally harmonized...
Persistent link: https://www.econbiz.de/10014161082
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Measuring climate risks : a new multidimensional index for global vulnerability and resilience
Edmonds, Heidi; Fajardo-Gonzalez, Johanna; Lovell, Julie; … - 2025
As climate change intensifies, countries experience varying degrees of vulnerability and resilience that influence their capacity to withstand and recover from environmental, economic, and social shocks. This study introduces the Multidimensional Vulnerability and Lack of Resilience Index...
Persistent link: https://www.econbiz.de/10015193184
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Disaster risk, inequality, and fiscal sustainability
Le, Anh H.; Park, Donghyun; Beirne, John; Uddin, … - 2024
distributional effect of disaster risk. The model features two kinds of households and a fiscal authority. We show that disaster risk …. Importantly, we observe a significant rise in sovereign debt due to disaster risk, which poses a challenge to policymakers. Lastly …
Persistent link: https://www.econbiz.de/10015133082
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What accounts for the growth of carbon dioxide emissions in advanced and emerging economies? : the role of consumption, technology, and global supply chain trade
Ferrarini, Benno; Vries, Gaaitzen J. de - 2015
Climate policy pledges and negotiations involve commitments about the reduction of emissions within national borders. However, the rise of global value chains has changed the nature of production and international trade, blurring the attribution of ultimate responsibility for emissions. This...
Persistent link: https://www.econbiz.de/10011346273