International Environmental Agreements in the Presence of Adaptation
AbstractWe show that adaptive measures undertaken by countries in the face of climate change, apart from directly reducing the damage caused by climate change, may also indirectly mitigate greenhouse gas emissions by increasing the stable size of international agreements on emission reductions. Moreover, we show that the more effective the adaptive measure in terms of reducing the marginal damage from emissions, the larger the stable size of the international environmental agreement. In addition, we show that larger coalitions, in the presence of adaptation, may lead to lower global emission levels and higher welfare.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2011-023.
Date of creation: 2011
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international environmental agreements; adaptation; coalition formation; cli- mate change;
Other versions of this item:
- Walid Marrouch & Amrita Ray Chaudhuri, 2011. "International Environmental Agreements in the Presence of Adaptation," Working Papers 2011.35, Fondazione Eni Enrico Mattei.
- Ray Chaudhuri, A. & Marrouch, W., 2011. "International Environmental Agreements in the Presence of Adaptation," Discussion Paper 2011-012, Tilburg University, Tilburg Law and Economic Center.
- Walid Marrouch & Amrita Ray Chaudhuri, 2011. "International Environmental Agreements in the Presence of Adaptation," CIRANO Working Papers 2011s-32, CIRANO.
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-09 (All new papers)
- NEP-ENE-2011-04-09 (Energy Economics)
- NEP-ENV-2011-04-09 (Environmental Economics)
- NEP-REG-2011-04-09 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Fundamental questions on the economics of climate adaptation: Outlines of a new research programme," UFZ Reports 05/2012, Helmholtz Centre for Environmental Research (UFZ).
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