G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Catastrophic Risk, Precautionary Abatement, and Adaptation Transfers
Francesco Bosello; Enrica De Cian; Licia Ferranna
发表日期2014
出处Climate Change and Sustainable Development
出版年2014
语种英语
摘要This paper contributes to the normative literature on mitigation and adaptation by framing the question of their optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model with a module that models the endogenous risk of experiencing an economic catastrophe if temperature increases above a certain threshold. We find that the risk of a catastrophic outcome would encourage countries to reduce emissions even in the absence of a coordinated global agreement on climate change and to realign the policy balance from adaptation toward more mitigation. Our analysis also shows that adaptation transfers from and strategic unilateral commitments to adaptation in developed countries appear to provide weak incentives for reducing emissions in developing countries. Thus our first conclusion is that precautionary considerations, rather than the ability to reduce smooth damage increases, justify mitigation as a fundamental policy option. Accordingly, adaptation is needed to cope with the non-catastrophic damages that countries would fail to address with mitigation Our second conclusion is that supporting adaptation in developing countries should be considered primarily as a mean for ensuring equity or improving development, and very marginally as a mitigation incentive. *** Suggested citation: F. Bosello, E. De Cian, L. Ferranna, (2014), 'Catastrophic Risk, Precautionary Abatement, and Adaptation Transfers', Nota di Lavoro 108.2014, Milan, Italy: Fondazione Eni Enrico Mattei.
特色分类C61;D58;Q5
关键词Climate Change Mitigation Adaptation Climate Risk Integrated Assessment
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/catastrophic-risk-precautionary-abatement-and-adaptation-transfers/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118323
推荐引用方式
GB/T 7714
Francesco Bosello,Enrica De Cian,Licia Ferranna. Catastrophic Risk, Precautionary Abatement, and Adaptation Transfers. 2014.
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