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Plan or React? Analysis of Adaptation Costs and Benefits Using Integrated Assessment Models

Author

Listed:
  • Shardul Agrawala

    (OECD)

  • Francesco Bosello

    (Fondazione Eni Enrico Mattei (FEEM))

  • Carlo Carraro

    (Fondazione Eni Enrico Mattei (FEEM))

  • Kelly de Bruin

    (Wageningen University)

  • Enrica De Cian

    (Fondazione Eni Enrico Mattei (FEEM))

  • Rob Dellink

    (OECD)

  • Elisa Lanzi

    (OECD)

Abstract

Financing for adaptation is a core element in the ongoing international negotiations on climate change. This has motivated a number of recent global estimates of adaptation costs. While important from an agenda setting perspective, many of these estimates nevertheless have a number of limitations. They are typically static (i.e. estimated for one specific year), do not differentiate between investments in various types of adaptation or quantify the resulting benefits, and are delinked from policies and investments in greenhouse gas mitigation. Le financement de l’adaptation est un élément essentiel dans les négociations internationales qui se poursuivent concernant le changement climatique. C’est ce qui explique pourquoi un certain nombre d’estimations des coûts de l’adaptation au niveau mondial ont été établies récemment. En dépit de leur importance pour la définition de programmes d’action, beaucoup d’entre elles présentent toutefois plusieurs carences. Elles sont généralement statiques (c’est-à-dire calculées pour une année précise), elles ne font pas de différence entre les investissements en fonction du type de solution d’adaptation ou ne chiffrent pas les avantages qui en découlent, comme elles ne se rattachent pas non plus à des politiques ou à des investissements visant l’atténuation des émissions de gaz à effet de serre.

Suggested Citation

  • Shardul Agrawala & Francesco Bosello & Carlo Carraro & Kelly de Bruin & Enrica De Cian & Rob Dellink & Elisa Lanzi, 2010. "Plan or React? Analysis of Adaptation Costs and Benefits Using Integrated Assessment Models," OECD Environment Working Papers 23, OECD Publishing.
  • Handle: RePEc:oec:envaaa:23-en
    DOI: 10.1787/5km975m3d5hb-en
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    References listed on IDEAS

    as
    1. de Bruin, Kelly Chloe, 2011. "Distinguishing Between Proactive (Stock) and Reactive (Flow) Adaptation," CERE Working Papers 2011:8, CERE - the Center for Environmental and Resource Economics.
    2. Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "WITCH. A World Induced Technical Change Hybrid Model," Working Papers 2006_46, Department of Economics, University of Venice "Ca' Foscari".
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    6. Bosetti, Valentina & De Cian, Enrica & Sgobbi, Alessandra & Tavoni, Massimo, 2009. "The 2008 WITCH Model: New Model Features and Baseline," Sustainable Development Papers 55284, Fondazione Eni Enrico Mattei (FEEM).
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    More about this item

    Keywords

    adaptation; adaptation; adaptive capacity; capacité d’adaptation; changement climatique; climate change; integrated assessment modelling; modélisation de l’évaluation intégrée;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other

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