The stakes for alleviating poverty and avoiding unbridled climate change are inextricably linked. Climate change impacts will slow down and may even reverse trends in poverty reduction
This report presents the modelling work quoted in the EC communication “The Paris Protocol – a blueprint for tackling global climate change beyond 2020” in the EU’s Energy Union package. It examines the effects of a Baseline scenario where current trends continue beyond 2020, and of a Global Mitigation scenario in line with keeping global warming below 2°C.
In this paper we focus on a long-term dynamic analysis of the optimal adaptation/mitigation mix in the presence of a pollution threshold above which adaptation is no longer efficient.
This FEEM paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution
This paper aims at providing a consistent framework to appraise alternative modeling choices that have driven the so-called “when flexibility” controversy since the early 1990s dealing with the optimal timing of mitigation efforts and the Social Cost of Carbon (SCC)…
The present research proposes a macroeconomic assessment of the role of waste incineration with energy recovery (WtE) and controlled landfill biogas to electricity generation and their potential contribution to a CO2 emission reduction policy, within a recursive-dynamic computable general equilibrium model…
International negotiations have failed to achieve an ambitious outcome to limit climate risks. A Cournot outcome where countries determine their mitigation commitments in the full knowledge of those by others could be an important step. It would avoid a Stackelberg (leader-follower) outcome where one or more major emitters impose a level of climate risk on the rest of the world…
This paper analyses a set of model-based decarbonization scenarios in order to quantify the long-term economic benefits that arise from an increasing integration of the pan-European electricity system…
Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. Measure-explicit marginal abatement cost curves depict the cost and abating potential of available mitigation options. Using a simple intertemporal optimization model, we demonstrate why this information is not su_cient to design emission reduction strategies…
This paper systematically reviews what prospect theory can offer to analyse mitigation and adaptation. It is shown that accounting for reference dependence and certainty effects contributes to a better understanding of some well-known puzzles in the climate debate, including (but not limited to) the different uptake of mitigation and adaptation amongst individuals and nations, the role of technical vs. financial adaptation, and the apparent preference for hard protection measures in coastal adaptation…
We review the historical literature on the economics of climate change with a focus on the evolution of the literature from some of the early classic papers to the latest contributions. We divide the paper into three main sections: trends in greenhouse gas emissions, mitigation, and adaptation.
This OECD paper examines the macroeconomic and sectoral competitiveness and carbon leakage impacts associated with a range of stylised mitigation policy scenarios.
In light of the ongoing international discussions about the Nationally Appropriate Mitigation Action concept, this study takes instead a more ‘bottom-up’ approach through a comparative analysis of five studies of mitigation actions in Brazil, Colombia, Chile, Peru and South Africa.
This report synthesizes the results of studies conducted under an ADB technical assistance on the Regional Economics of Climate Change in South Asia Phase 1 (RECCSA 1) in five countries – Bangladesh, Bhutan, the Maldives, Nepal, and Sri Lanka…
New Economics Papers Energy Economics (REPEC)
