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How Can the European Union Adapt to Climate Change?

Author

Listed:
  • Klaas Lenaerts

    (Bruegel)

  • Simone Tagliapietra

    (Bruegel)

  • Guntram B. Wolff

    (Deutsche Gesellschaft für Auswärtige Politik)

Abstract

Europe must increasingly deal with the harmful impacts of climate change, regardless of its success in reducing emissions. These impacts have significant cross-border effects and threaten to deepen existing divisions. Cooperation on adaptation, which is mostly seen as requiring local or regional efforts, may be useful, but the role of the European Union is ill-defined. This article gives an overview of how climate change might transform Europe and how it might affect people and the economy. It also discusses on what grounds adaptation policies should be pursued at the EU level. The article argues that a stronger adaptation governance framework would benefit adaptation efforts and formulates three ideas to strengthen adaptation. The first is a three-layered governance framework based on intensive cooperation to establish binding adaptation plans. Second is an EU-level insurance scheme against damages from climate change, with the size of national contributions tied to the achievement of targets in adaptation plans. The final suggestion is to increase ex ante adaptation funding by targeting more spending under EU regional and agricultural policies specifically to adaptation in the most vulnerable regions.

Suggested Citation

  • Klaas Lenaerts & Simone Tagliapietra & Guntram B. Wolff, 2022. "How Can the European Union Adapt to Climate Change?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(5), pages 314-321, September.
  • Handle: RePEc:spr:intere:v:57:y:2022:i:5:d:10.1007_s10272-022-1071-4
    DOI: 10.1007/s10272-022-1071-4
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    References listed on IDEAS

    as
    1. Paul Behrens & Michelle T. H. van Vliet & Tijmen Nanninga & Brid Walsh & João F. D. Rodrigues, 2017. "Climate change and the vulnerability of electricity generation to water stress in the European Union," Nature Energy, Nature, vol. 2(8), pages 1-7, August.
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    Cited by:

    1. Philipp Heimberger & Andreas Lichtenberger, 2022. "RRF 2.0: Ein permanenter EU-Investitionsfonds im Kontext von Energiekrise, Klimawandel und EU-Fiskalregeln," wiiw Research Reports in German language 23, The Vienna Institute for International Economic Studies, wiiw.

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    More about this item

    Keywords

    Q40; Q42; Q48;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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