IDEAS home Printed from https://ideas.repec.org/a/nat/natcli/v6y2016i3d10.1038_nclimate2871.html
   My bibliography  Save this article

Wealth reallocation and sustainability under climate change

Author

Listed:
  • Eli P. Fenichel

    (School of Forestry & Environmental Studies, Yale University)

  • Simon A. Levin

    (Princeton University)

  • Bonnie McCay

    (Rutgers University)

  • Kevin St. Martin

    (Rutgers University)

  • Joshua K. Abbott

    (School of Sustainability, Arizona State University)

  • Malin L. Pinsky

    (Evolution, and Natural Resources, Rutgers University)

Abstract

This Perspective links climate change and the distribution of wealth. Using an 'inclusive wealth' framework, it is shown that climate change could dramatically reallocate wealth, with important implications for sustainable development.

Suggested Citation

  • Eli P. Fenichel & Simon A. Levin & Bonnie McCay & Kevin St. Martin & Joshua K. Abbott & Malin L. Pinsky, 2016. "Wealth reallocation and sustainability under climate change," Nature Climate Change, Nature, vol. 6(3), pages 237-244, March.
    • Handle: RePEc:nat:natcli:v:6:y:2016:i:3:d:10.1038_nclimate2871
    DOI: 10.1038/nclimate2871
    as

    Download full text from publisher

    File URL: https://www.nature.com/articles/nclimate2871
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1038/nclimate2871?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eoin McLaughlin & Cristián Ducoing & Les Oxley, 2024. "Tracing Sustainability in the Long Run: Genuine Savings Estimates 1850–2018," NBER Chapters, in: Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective, National Bureau of Economic Research, Inc.
    2. Donadelli, Michael & Grüning, Patrick & Jüppner, Marcus & Kizys, Renatas, 2021. "Global temperature, R&D expenditure, and growth," Energy Economics, Elsevier, vol. 104(C).
    3. Zhang, Bingqi & Nozawa, Wataru & Managi, Shunsuke, 2021. "Spatial inequality of inclusive wealth in China and Japan," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 164-179.
    4. Tsigaris, Panagiotis & Wood, Joel, 2019. "The potential impacts of climate change on capital in the 21st century," Ecological Economics, Elsevier, vol. 162(C), pages 74-86.
    5. Darshana Rajapaksa & Moinul Islam & Shunsuke Managi, 2017. "Natural Capital Depletion: the Impact of Natural Disasters on Inclusive Growth," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 233-244, October.
    6. Dong-Shang Chang & Wen-Sheng Wang & Rouwen Wang, 2018. "Identifying Critical Factors of Sustainable Healthcare Institutions’ Indicators Under Taiwan’s National Health Insurance System," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(1), pages 287-307, November.
    7. Yamaguchi, Rintaro & Managi, Shunsuke, 2019. "Backward- and Forward-looking Shadow Prices in Inclusive Wealth Accounting: An Example of Renewable Energy Capital," Ecological Economics, Elsevier, vol. 156(C), pages 337-349.
    8. Fan, Jing-Li & Li, Kai & Zhang, Xian & Hu, Jiawei & Hubacek, Klaus & Da, Yabin & Liang, Xi & Cheng, Danyang, 2022. "Measuring sustainability: Development and application of the Inclusive Wealth Index in China," Ecological Economics, Elsevier, vol. 195(C).
    9. Jasper N. Meya & Stefan Baumgärtner & Moritz A. Drupp & Martin F. Quaas, 2020. "Inequality and the Value of Public Natural Capital," CESifo Working Paper Series 8752, CESifo.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nat:natcli:v:6:y:2016:i:3:d:10.1038_nclimate2871. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.nature.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.