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Climate Change Impacts: A New Integrated Assessment

24 Pages Posted: 5 Sep 2014  

Francesco Bosello

Fondazione Eni Enrico Mattei (FEEM); University of Milan - Department of Economics, Business and Statistics; Centro Euro-Mediterraneo per i Cambiamenti Climatici (CMCC)

Fabio Eboli

Fondazione Eni Enrico Mattei (FEEM); Centro Euro-Mediterraneo per i Cambiamenti Climatici (CMCC)

Roberta Pierfederici

Fondazione Eni Enrico Mattei (FEEM), CMCC - Euro Mediterranean Centre for Climate Change

Date Written: December 1, 2013

Abstract

This report develops a climate change economic impact assessment, applying the Intertemporal Computable Equilibrium System (ICES) model developed at CMCC. The inputs for the exercise derive from the updated estimation of climate change impacts conducted under GEMINA WP6.2.9 P55. They refer to changes in tourism and energy demand patterns; to changes in land and capital losses to sea-level rise, to changes in fish stock availability, to ecosystem losses, to changes in crops productivity, to changes in labour productivity related to changes in health status, to potential losses induced by river floods. They are also computed for two different temperature increase scenarios: 2◦C and 4◦C above pre-industrial level. Results show that: climate change impacts are non linear in temperature; that the Euro Mediterranean area is more vulnerable than Northern Europe, that losses can be relevant even in a context of smooth climate change without catastrophic events.

Keywords: Climate change impact assessment, CGE models

Suggested Citation

Bosello, Francesco and Eboli, Fabio and Pierfederici, Roberta, Climate Change Impacts: A New Integrated Assessment (December 1, 2013). CMCC Research Paper No. 199. Available at SSRN: https://ssrn.com/abstract=2491657 or http://dx.doi.org/10.2139/ssrn.2491657

Francesco Bosello (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

Campo S. M. Formosa, Castello 5252
Venezia, 30122
Italy
+39 041 271 1459 (Phone)
+39 041 271 1461 (Fax)

University of Milan - Department of Economics, Business and Statistics

Via Festa del Perdono, 7
Milan, 20122
Italy

Centro Euro-Mediterraneo per i Cambiamenti Climatici (CMCC)

Viale Gallipoli, 49
Lecce, 73100
Italy

Fabio Eboli

Fondazione Eni Enrico Mattei (FEEM) ( email )

Corso Magenta 63
20123 Milan
Italy

Centro Euro-Mediterraneo per i Cambiamenti Climatici (CMCC) ( email )

Viale Gallipoli, 49
Lecce, 73100
Italy

Roberta Pierfederici

Fondazione Eni Enrico Mattei (FEEM), CMCC - Euro Mediterranean Centre for Climate Change ( email )

C.so Magenta 63
Milano, 20123
Italy

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