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The Effects of Climate Change on the Italian economy

Author

Listed:
  • Matteo Alpino

    (Bank of Italy)

  • Luca Citino

    (Bank of Italy)

  • Guido de Blasio

    (Bank of Italy)

  • Federica Zeni

    (World Bank)

Abstract

This volume summarizes the results of the research project "The Effects of Climate Change on the Italian Economy." The project consists of 17 papers that (a) measure the impact of climate change on economic activity, particularly that of the most exposed sectors (e.g., agriculture or tourism); (b) analyze some of the policies for adaptation and mitigation (e.g., simplifications of the permitting regime for investments in renewables or carbon pricing schemes).

Suggested Citation

  • Matteo Alpino & Luca Citino & Guido de Blasio & Federica Zeni, 2022. "The Effects of Climate Change on the Italian economy," Questioni di Economia e Finanza (Occasional Papers) 728, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_728_22
    as

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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2022-0728/QEF_728_22.pdf
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    References listed on IDEAS

    as
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    3. Philipp Krueger & Zacharias Sautner & Laura T Starks, 2020. "The Importance of Climate Risks for Institutional Investors," Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1067-1111.
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    5. Darwin Choi & Zhenyu Gao & Wenxi Jiang, 2020. "Attention to Global Warming," Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1112-1145.
    6. Federico Cingano & Francesco Manaresi & Enrico Sette, 2016. "Does Credit Crunch Investment Down? New Evidence on the Real Effects of the Bank-Lending Channel," Review of Financial Studies, Society for Financial Studies, vol. 29(10), pages 2737-2773.
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    8. Michael Greenstone & Alexandre Mas & Hoai-Luu Nguyen, 2020. "Do Credit Market Shocks Affect the Real Economy? Quasi-experimental Evidence from the Great Recession and "Normal" Economic Times," American Economic Journal: Economic Policy, American Economic Association, vol. 12(1), pages 200-225, February.
    9. Manthos D. Delis & Kathrin de Greiff & Steven Ongena, 2018. "Being Stranded on the Carbon Bubble? Climate Policy Risk and the Pricing of Bank Loans," Swiss Finance Institute Research Paper Series 18-10, Swiss Finance Institute, revised May 2018.
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    More about this item

    Keywords

    Climate change; Italian economy;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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