Economic Evaluation of Climate Change Impacts: Development by Karl W. Steininger, Martin König, Birgit Bednar-Friedl,

By Karl W. Steininger, Martin König, Birgit Bednar-Friedl, Lukas Kranzl, Wolfgang Loibl, Franz Prettenthaler

This quantity bargains with the multifaceted and interdependent affects of weather switch on society from the point of view of a wide set of disciplines. the most goal of the publication is to evaluate private and non-private rate of weather switch so far as quantifiable, whereas making an allowance for the excessive measure of uncertainty. It bargains new insights for the industrial evaluation of a vast variety of weather switch effect chains at a countrywide scale. The framework awarded within the ebook permits constant review together with mutual interdependencies and macroeconomic suggestions. This booklet develops a toolbox that may be used around the many parts of weather effect and applies it to 1 specific state: Austria.

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Extra resources for Economic Evaluation of Climate Change Impacts: Development of a Cross-Sectoral Framework and Results for Austria

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G. in landscape). The study (Iglesias et al. 2012a, b) estimated the changes in productivity for major crops in Europe and globally, using an integrated modelling system built around the DSSAT crop simulation model. The results found that agro-climatic regions will change significantly in Europe, as a result of climate change. It also found large differences between regions, with strong distributional differences (positive and negative). In general, there were yield improvements projected for Northern Europe due to a longer growing season (and frost-free period), while crop productivity decreased in Southern Europe.

The examples from Switzerland demonstrate how CRAs and CBA can be pragmatically combined in an ‘order of magnitude’ approach by standardised monetisation factors. In contrast, V-assessments (such as in DAS-DE) are still very much in their infancy and are rarely applied in practice. The COIN project in Austria complements these approaches in several respects. It further refines the UK cost-benefit analysis by explicitly considering uncertainties by means of worst case narratives, not just ranges of results as in Metroeconomica (2004).

It is also unclear how such information can be ‘normalised’ and weighted in order to derive aggregate results, given the difficult normative decisions involved. Further, it is not yet clear how issues of uncertainty can best be integrated into V-assessments. 5 R. Schwarze Switzerland The Federal Office for the Environment of Switzerland (BAFU) has developed a methodological framework for ‘Climate related risk and opportunity assessment’ (CRA-CH). This framework was applied in a 2013 pilot study assessment for the canton Aargau, while the first national assessment is due to be completed in 2016 based on this pilot study.

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