IDEAS home Printed from https://ideas.repec.org/a/spr/sorede/v36y2025i2d10.1134_s1075700724700631.html
   My bibliography  Save this article

Economic Effects of Climate Change in Russia

Author

Listed:
  • B. N. Porfiriev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • A. Yu. Kolpakov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • D. O. Eliseev

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • V. V. Saenko

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • D. A. Polzikov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • E. A. Lazeeva

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • E. S. Biryukov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

The article systematizes the repercussions of climate change for the sectors of the Russian economy. A methodology for quantitative economic assessment of the impact from permafrost degradation and floods on economic facilities of the fuel and energy complex, agriculture and forestry is introduced. Estimates of all-range effects are integrated into a single unit of measurement: the change in the Russia’s GDP folllowing a 1°C increase in average annual temperature. Based on scenario calculations, it is argued that an active policy of adaptation to climate change provides for a positive effect for the country’s economy. On the contrary, the refusal from or missing adaptation measureincrease the risk of significant damage and losses for the national economy worth more than three trillion rubles or about 1.9% of GDP (2022).

Suggested Citation

  • B. N. Porfiriev & A. Yu. Kolpakov & D. O. Eliseev & V. V. Saenko & D. A. Polzikov & E. A. Lazeeva & E. S. Biryukov, 2025. "Economic Effects of Climate Change in Russia," Studies on Russian Economic Development, Springer, vol. 36(2), pages 161-174, April.
    • Handle: RePEc:spr:sorede:v:36:y:2025:i:2:d:10.1134_s1075700724700631
    DOI: 10.1134/S1075700724700631
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S1075700724700631
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S1075700724700631?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

    for a different version of it.

    References listed on IDEAS

    as
    1. Marshall Burke & Solomon M. Hsiang & Edward Miguel, 2015. "Global non-linear effect of temperature on economic production," Nature, Nature, vol. 527(7577), pages 235-239, November.
    2. S. V. Badina, 2020. "Prediction of Socioeconomic Risks in the Cryolithic Zone of the Russian Arctic in the Context of Upcoming Climate Changes," Studies on Russian Economic Development, Springer, vol. 31(4), pages 396-403, July.
    3. Kalkuhl, Matthias & Wenz, Leonie, 2020. "The impact of climate conditions on economic production. Evidence from a global panel of regions," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
    4. Burke, Marshall & Hsiang, Solomon M & Miguel, Edward, 2015. "Global non-linear effect of temperature on economic production," Department of Economics, Working Paper Series qt3g72r0zv, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexander C. Abajian & Tamma Carleton & Kyle C. Meng & Olivier Deschênes, 2025. "Quantifying the global climate feedback from energy-based adaptation," Nature Communications, Nature, vol. 16(1), pages 1-15, December.
    2. Nguyen, Ha Minh, 2024. "Beyond the annual averages: Impact of seasonal temperature on employment growth in US counties," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    3. Castellini, Marta & Castelli, Chiara & Gusperti, Camilla & Lupi, Veronica & Vergalli, Sergio, 2025. "Balancing climate policies and economic development in the Mediterranean countries," Energy Economics, Elsevier, vol. 145(C).
    4. Francesco Jacopo Pintus & Jan P.A.M. Jacobs & Elmer Sterken & Jan Jacobs, 2024. "Fiscal Impacts of Climate Anomalies," CESifo Working Paper Series 11548, CESifo.
    5. Lehr, Jakob & Rehdanz, Katrin, 2024. "The effect of temperature on energy related CO2 emissions and economic performance in German industry," Energy Economics, Elsevier, vol. 138(C).
    6. Meierrieks, Daniel & Stadelmann, David, 2024. "Is temperature adversely related to economic development? Evidence on the short-run and the long-run links from sub-national data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 136, pages 1-18.
    7. Lotfali Azari & Aliakbar Naji Meidani & Narges Salehnia, 2024. "Predicting the Impact of Climate Conditions on the Economic Production of Iranian Provinces with The Approach of Random Forest Algorithm," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, vol. 11(2), pages 1-34.
    8. Fan, Wenna & Wang, Feng & Zhang, Hao & Yan, Bin & Ling, Rui & Jiang, Hongfei, 2024. "Is climate change fueling commercial banks’ non-performing loan ratio? Empirical evidence from 31 provinces in China," International Review of Economics & Finance, Elsevier, vol. 96(PA).
    9. Gilli, Martino & Calcaterra, Matteo & Emmerling, Johannes & Granella, Francesco, 2024. "Climate change impacts on the within-country income distributions," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).
    10. Oliver Schenker & Daniel Osberghaus, 2025. "International Trade and the Transmission of Temperature Shocks," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(4), pages 965-1007, April.
    11. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2024. "Pollution, public debt, and growth: The question of sustainability," Working Papers hal-04620026, HAL.
    12. Dang,Hai-Anh H. & Nguyen,Minh Cong & Trinh,Trong-Anh, 2023. "Does Hotter Temperature Increase Poverty and Inequality ? Global Evidence from SubnationalData Analysis," Policy Research Working Paper Series 10466, The World Bank.
    13. Marion Davin & Mouez Fodha & Thomas Seegmuller, 2025. "Pollution, public debt, and growth: the question of sustainability," Post-Print hal-04990924, HAL.
    14. Hu, Yiming & Liao, Hua, 2025. "High temperatures and national saving: Experience in the latest six decades," Energy Economics, Elsevier, vol. 145(C).
    15. Leventis, Flora & Palaios, Panagiotis, 2024. "Fresh evidence from temperature effects on growth and economic policy uncertainty: A panel quantile approach," The Journal of Economic Asymmetries, Elsevier, vol. 30(C).
    16. Desbordes, Rodolphe & Eberhardt, Markus, 2024. "Climate change and economic prosperity: Evidence from a flexible damage function," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    17. Dirks, Maximilian W. & Schmidt, Torsten, 2024. "Political instability and economic growth: Causation and transmission," European Journal of Political Economy, Elsevier, vol. 85(C).
    18. Xiaojun Yu & Russell Smyth & Yao Yao & Quanda Zhang, 2024. "Water stress and industrial firm productivity: Evidence from China," Monash Economics Working Papers 2024-20, Monash University, Department of Economics.
    19. Ahmadi, Maryam & Casoli, Chiara & Manera, Matteo & Valenti, Daniele, 2025. "Climate shocks, economic activity and cross-country spillovers: Evidence from a new global model," Economic Modelling, Elsevier, vol. 148(C).
    20. Liu, Lucy Q. & Pan, Dan & Raissi, Mehdi, 2025. "Macroeconomic effects of climate change: Evidence from Canadian provinces," International Economics, Elsevier, vol. 181(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    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:spr:sorede:v:36:y:2025:i:2:d:10.1134_s1075700724700631. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.springer.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.