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The Economics of Climate Change Impacts and Policy Benefits at City Scale: A Conceptual Framework

  • Stéphane Hallegatte
  • Fanny Henriet
  • Jan Corfee-Morlot

Climate change has become a priority issue in global environmental governance and cities are important players. For over three decades, the OECD has been actively supporting member and non-member countries to design environmental policies that are both economically efficient and effective at achieving their environmental objectives.1 Through peer reviews of policy implementation, the OECD helps governments to improve their collective and individual environmental performance, through sound economic and policy analysis and dialogue on how to establish and to achieve climate change goals. Climate change has been on the agenda since the late 1980s at the OECD, where we provide a forum for countries to, discuss and develop a shared understanding of the key policy challenges as well as to assess performance and identify good practice in the design and implementation of climate policies. Today the OECD is actively working with governments to highlight the role of cities to deliver cost-effective policy responses to climate change. A number of projects at the OECD are advancing the understanding of the roles that cities can play to respond to efficiently and effectively to climate change. This report is one in a series under the OECD Environment Directorate’s project on Cities and Climate Change. The project aims to explore the city-scale risks of climate change and the local benefits of both adaptation policies and (global) mitigation strategies.

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File URL: http://dx.doi.org/10.1787/230232725661
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Paper provided by OECD Publishing in its series OECD Environment Working Papers with number 4.

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Date of creation: 10 Dec 2008
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Handle: RePEc:oec:envaaa:4-en
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  1. Nicola Ranger & Stéphane Hallegatte & Sumana Bhattacharya & Murthy Bachu & Satya Priya & K. Dhore & Farhat Rafique & P. Mathur & Nicolas Naville & Fanny Henriet & Celine Herweijer & Sanjib Pohit & Jan, 2011. "An assessment of the potential impact of climate change on flood risk in Mumbai," Climatic Change, Springer, vol. 104(1), pages 139-167, January.
  2. Bosello, Francesco & Roson, Roberto & Tol, Richard S.J., 2006. "Economy-wide estimates of the implications of climate change: Human health," Ecological Economics, Elsevier, vol. 58(3), pages 579-591, June.
  3. Stéphane Hallegatte & Nicola Ranger & Olivier Mestre & Patrice Dumas & Jan Corfee-Morlot & Celine Herweijer & Robert Wood, 2011. "Assessing climate change impacts, sea level rise and storm surge risk in port cities: a case study on Copenhagen," Climatic Change, Springer, vol. 104(1), pages 113-137, January.
  4. Viscusi, W Kip & Aldy, Joseph E, 2003. " The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
  5. Adam Rose & Shu-Yi Liao, 2005. "Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 75-112.
  6. Grazi, Fabio & van den Bergh, Jeroen C.J.M., 2008. "Spatial organization, transport, and climate change: Comparing instruments of spatial planning and policy," Ecological Economics, Elsevier, vol. 67(4), pages 630-639, November.
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  9. Stéphane Hallegatte & Fanny Henriet, 2008. "Assessing the Consequences of Natural Disasters on Production Networks: A Disaggregated Approach," Working Papers 2008.100, Fondazione Eni Enrico Mattei.
  10. Francesco Bosello & Roberto Roson & Richard S.J. Tol, 2004. "Economy-Wide Estimates Of The Implications Of Climate Change: Sea Level Rise," Working Papers FNU-38, Research unit Sustainability and Global Change, Hamburg University, revised Jan 2004.
  11. Martin Weitzman, 2007. "Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change," NBER Working Papers 13490, National Bureau of Economic Research, Inc.
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  13. Hallegatte, Stéphane & Dumas, Patrice, 2009. "Can natural disasters have positive consequences? Investigating the role of embodied technical change," Ecological Economics, Elsevier, vol. 68(3), pages 777-786, January.
  14. Reilly, J. & Paltsev, S. & Felzer, B. & Wang, X. & Kicklighter, D. & Melillo, J. & Prinn, R. & Sarofim, M. & Sokolov, A. & Wang, C., 2007. "Global economic effects of changes in crops, pasture, and forests due to changing climate, carbon dioxide, and ozone," Energy Policy, Elsevier, vol. 35(11), pages 5370-5383, November.
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  16. Jan Corfee-Morlot & Ian Cochran & Stéphane Hallegatte & Pierre-Jonathan Teasdale, 2011. "Multilevel risk governance and urban adaptation policy," Climatic Change, Springer, vol. 104(1), pages 169-197, January.
  17. Fankhauser, Samuel & Smith, Joel B. & Tol, Richard S. J., 1999. "Weathering climate change: some simple rules to guide adaptation decisions," Ecological Economics, Elsevier, vol. 30(1), pages 67-78, July.
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  19. Susan Hanson & Robert Nicholls & N. Ranger & S. Hallegatte & J. Corfee-Morlot & C. Herweijer & J. Chateau, 2011. "A global ranking of port cities with high exposure to climate extremes," Climatic Change, Springer, vol. 104(1), pages 89-111, January.
  20. Albala-Bertrand, J. M., 1993. "Political Economy of Large Natural Disasters: With Special Reference to Developing Countries," OUP Catalogue, Oxford University Press, number 9780198287650, March.
  21. repec:reg:rpubli:282 is not listed on IDEAS
  22. Robert J. Lempert & David G. Groves & Steven W. Popper & Steve C. Bankes, 2006. "A General, Analytic Method for Generating Robust Strategies and Narrative Scenarios," Management Science, INFORMS, vol. 52(4), pages 514-528, April.
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