全球智库信息集成服务系统(G2TT): Adapting to Climate Change: an Analysis under Uncertainty

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Adapting to Climate Change: an Analysis under Uncertainty
	David Garcìa-Leon
发表日期	2016
出处	Climate Change: Economic Impacts and Adaptation
出版年	2016
语种	英语
摘要	Climate change is a phenomenon beset with major uncertainties and researchers should include them in Integrated Assessment Models. However, including further dimensions in IAM models comes at a cost. In particular, it makes most of these models suffer from the curse of dimensionality. In this study we benefit from a state-reduced framework to overcome those problems. In an attempt to advance in the modelling of adaptation within IAM models, we apply this methodology to shed some light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about the value of climate sensitivity and the possibility of tipping points hitting the system change substantially the composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify that including uncertainty into the model tends to favour (long-lasting) mitigation with respect to (instantaneous) adaptation. Further research should address the properties of the optimal mix when a stock of adaptation can be built. *** Suggested citation: García-León, D., (2016), 'Adapting to Climate Change: an Analysis under Uncertainty', Nota di Lavoro 10.2016, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类	C61;D58;D90;O44;Q01;Q54;Q56
关键词	Climate Change Adaptation Mitigation Dynamic Programming Uncertainty Integrated Assessment DICE
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/adapting-to-climate-change-an-analysis-under-uncertainty/
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/118463
推荐引用方式 GB/T 7714	David Garcìa-Leon. Adapting to Climate Change: an Analysis under Uncertainty. 2016.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
201621711341Nota_di_（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2016217113194NDL2016（2048KB）	智库出版物		限制开放	CC BY-NC-SA	浏览