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European Forests and Carbon Sequestration Services: An Economic Assessment of Climate Change Impacts AgEcon
Ding, Helen; Nunes, Paulo A.L.D.; Teelucksingh, Sonja S..
This paper reports an original economic valuation of the impact of climate change on the provision of forest regulating services in Europe. To the authors’ knowledge the current paper represents the first systematic attempt to estimate human well-being losses with respect to changes in biodiversity and forest regulating services that are directly driven by climate change. First, selected 34 European countries are grouped by their latitude intervals to capture the differentiated regional effects of forests in response to climate change. Moreover, the future trends of forest areas and stocked carbon in 2050 are projected through the construction and simulation of global circulation models such as HADMC3 following four different future developing paths...
Tipo: Working or Discussion Paper Palavras-chave: Economic Valuation; Forest Ecosystem; Carbon Sequestration; Climate Change Impacts; Environmental Economics and Policy; Q23; Q51; Q57.
Ano: 2010 URL: http://purl.umn.edu/59397
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Adaptation Can Help Mitigation: An Integrated Approach to Post-2012 Climate Policy AgEcon
Bosello, Francesco; Carraro, Carlo; De Cian, Enrica.
The latest round of international negotiations in Copenhagen led to a set of commitments on emission reductions which are unlikely to stabilise global warming below or around 2°C. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address climate-related damages. What is the role of adaptation in this setting? How is it optimally allocated across regions and time? To address these questions, this paper analyses the optimal mix of adaptation and mitigation expenditures in a cost-effective setting in which countries cooperate to achieve a long-term stabilisation target (550 CO2-eq). It uses an Integrated Assessment Model (AD-WITCH) that describes the relationships between different adaptation modes...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment Model; Environmental Economics and Policy; Q54; Q56; Q43.
Ano: 2011 URL: http://purl.umn.edu/116907
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Adaptation, Mitigation and “Green” R&D to Combat Global Climate Change. Insights From an Empirical Integrated Assessment Exercise AgEcon
Bosello, Francesco.
This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatement is enriched with a planned-adaptation module where a defensive capital stock is built through adaptation investment. Within this framework the optimal path of planned adaptation, the optimal inter and intra temporal mix between adaptation, mitigation and investment in R&D, and the sensitivity of a strategy to each other is identified. The major conclusions of this research show that adaptation, mitigation and R&D are strategic complements as all concur together to the solution of the climate change problem; nonetheless...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment; Environmental Economics and Policy; Q25; Q28.
Ano: 2010 URL: http://purl.umn.edu/59746
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Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage AgEcon
Bosello, Francesco; Carraro, Carlo; De Cian, Enrica.
It has become commonly accepted that a successful climate strategy should compound mitigation and adaptation. The accurate combination between adaptation and mitigation that can best address climate change is still an open question. This paper proposes a framework that integrates mitigation, adaptation, and climate change residual damages into an optimisation model. This set-up is used to provide some insights on the welfare maximising resource allocation between mitigation and adaptation, on their optimal timing, and on their marginal contribution to reducing vulnerability to climate change. The optimal mix between three different adaptation modes (reactive adaptation, anticipatory adaptation, and investment in innovation for adaptation purposes) within...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Impacts; Mitigation; Adaptation; Integrated Assessment Model; Environmental Economics and Policy; Q54; Q56; Q43.
Ano: 2010 URL: http://purl.umn.edu/60681
Registros recuperados: 4
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