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Climate Impacts in Europe. The JRC PESETA II Project

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The purpose of the JRC PESETA II project is to gain insights on the sectoral and regional pattern of the impacts of climate change in Europe by the end of this century. The assessment concerns both the biophysical and economic impacts of climate change. The study has as new elements a large set of impact categories (a total of ten: agriculture, energy, river floods, droughts, forest fires, transport infrastructure, coasts, tourism, habitat suitability of forest tree species and human health) and climate model simulations (a maximum of fifteen for some impact sectors). Six of those impacts are integrated into an economic setup (agriculture, energy, river floods, forest fires, transport infrastructure and coasts). This report details the main methodological aspects of the integrative project and discusses the main results, both in biophysical impact and economic impact terms.

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  • CISCAR MARTINEZ Juan Carlos & FEYEN Luc & SORIA RAMIREZ Antonio & LAVALLE Carlo & PERRY Miles & RAES Frank & NEMRY Francoise & DEMIREL Hande & RÓZSAI Máté & DOSIO Alessandro & DONATELLI Marcello & SRI, 2014. "Climate Impacts in Europe. The JRC PESETA II Project," JRC Research Reports JRC87011, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc87011
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    • Ciscar, Juan-Carlos & Feyen, Luc & Soria, Antonio & Lavalle, Carlo & Raes, Frank & Perry, Miles & Nemry, Françoise & Demirel, Hande & Rozsai, Máté & Dosio, Alessandro & Donatelli, Marcello & Srivastav, 2014. "Climate Impacts in Europe - The JRC PESETA II Project," MPRA Paper 55725, University Library of Munich, Germany.

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    2. Aristeidis G. Koutroulis & M. G. Grillakis & I. K. Tsanis & D. Jacob, 2018. "Mapping the vulnerability of European summer tourism under 2 °C global warming," Climatic Change, Springer, vol. 151(2), pages 157-171, November.
    3. Giwa, Adewale & Adeyemi, Idowu & Dindi, Abdallah & Lopez, Celia García-Baños & Lopresto, Catia Giovanna & Curcio, Stefano & Chakraborty, Sudip, 2018. "Techno-economic assessment of the sustainability of an integrated biorefinery from microalgae and Jatropha: A review and case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 88(C), pages 239-257.
    4. Nina Knittel & Martin W. Jury & Birgit Bednar-Friedl & Gabriel Bachner & Andrea K. Steiner, 2020. "A global analysis of heat-related labour productivity losses under climate change—implications for Germany’s foreign trade," Climatic Change, Springer, vol. 160(2), pages 251-269, May.
    5. Ang, Chye Peng & Toper, Bruce & Gambhir, Ajay, 2016. "Financial impacts of UK's energy and climate change policies on commercial and industrial businesses," Energy Policy, Elsevier, vol. 91(C), pages 273-286.
    6. Antoine Mandel & Timothy Tiggeloven & Daniel Lincke & Elco Koks & Philip Ward & Jochen Hinkel, 2021. "Risks on global financial stability induced by climate change: the case of flood risks," Climatic Change, Springer, vol. 166(1), pages 1-24, May.
    7. Bell, Michael G.H. & Wang, Ze & Cheung, Kam-Fung & Zhu, Shengda, 2023. "A system dynamics analysis of the trans-Pacific trade lane during the pandemic," Transportation Research Part A: Policy and Practice, Elsevier, vol. 176(C).
    8. Yousefi-Sahzabi, Amin & Unlu-Yucesoy, Eda & Sasaki, Kyuro & Yuosefi, Hossein & Widiatmojo, Arif & Sugai, Yuichi, 2017. "Turkish challenges for low-carbon society: Current status, government policies and social acceptance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 596-608.
    9. Drudi, Francesco & Moench, Emanuel & Holthausen, Cornelia & Weber, Pierre-François & Ferrucci, Gianluigi & Setzer, Ralph & Adao, Bernardino & Dées, Stéphane & Alogoskoufis, Spyros & Téllez, Mar Delgad, 2021. "Climate change and monetary policy in the euro area," Occasional Paper Series 271, European Central Bank.
    10. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.T., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," Ecological Economics, Elsevier, vol. 197(C).
    11. Zoi Vrontisi & Ioannis Charalampidis & Ulrike Lehr & Mark Meyer & Leonidas Paroussos & Christian Lutz & Yen E. Lam-González & Anastasia Arabadzhyan & Matías M. González & Carmelo J. León, 2022. "Macroeconomic impacts of climate change on the Blue Economy sectors of southern European islands," Climatic Change, Springer, vol. 170(3), pages 1-21, February.
    12. Wolfgang Pointner & Doris Ritzberger-Grünwald, 2019. "Climate change as a risk to financial stability," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 38, pages 30-45.
    13. Pichler, Paul & Sorger, Gerhard, 2018. "Delegating climate policy to a supranational authority: a theoretical assessment," European Economic Review, Elsevier, vol. 101(C), pages 418-440.
    14. Muhammad Abdullah Khalid & Yousaf Ali, 2020. "Economic impact assessment of natural disaster with multi-criteria decision making for interdependent infrastructures," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7287-7311, December.
    15. Theodoros Chatzivasileiadis & Ignasi Cortes Arbues & Daniel Lincke & Jochen Hinkel & Theodoros Chatzivasileiadis & Richard S.J. Tol, "undated". "Actualised and future changes in regional economic growth through sea level rise," Working Paper Series 0324, Department of Economics, University of Sussex Business School.
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    More about this item

    Keywords

    Environmental economics; greenhouse gas emissions reduction; green tax reform; energy tax; energy-intensive sectors; competitiveness; multi-sectoral; computable general equilibrium model (CGE); scenario-building techniques; climate change impacts and adaptation assessment;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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