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Fondazione Eni Enrico Mattei (FEEM), Mailand >
FEEM Working Papers, Fondazione Eni Enrico Mattei >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/43481
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Bosello, Francesco | | en_US |
| dc.date.accessioned | | 2010-11-22 | | en_US |
| dc.date.accessioned | | 2010-12-22T10:42:45Z | | - |
| dc.date.available | | 2010-12-22T10:42:45Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/43481 | | - |
| dc.description.abstract | | This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatement is enriched with a planned-adaptation module where a defensive capital stock is built through adaptation investment. Within this framework the optimal path of planned adaptation, the optimal inter and intra temporal mix between adaptation, mitigation and investment in R&D, and the sensitivity of a strategy to each other is identified. The major conclusions of this research show that adaptation, mitigation and R&D are strategic complements as all concur together to the solution of the climate change problem; nonetheless the possibility to adapt reduces the need to mitigate and partly crowds out other forms of investment like those in R&D. The optimal intertemporal distribution of strategies is also described: it requires to anticipate mitigation effort that should start already when climate damages are low and postpone adaptation intervention until they are substantial. Thus the possibility to adapt is not a justification to delay abatement activities. A sensitivity analysis demonstrates the robustness of these results to different parameterizations, in particular to changes in expected climate-change damages and in the discount rates. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Fondazione Eni Enrico Mattei Milano | | en_US |
| dc.relation.ispartofseries | | Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 2010,22 | | en_US |
| dc.subject.jel | | Q25 | | en_US |
| dc.subject.jel | | Q28 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Climate Change Impacts | | en_US |
| dc.subject.keyword | | Mitigation | | en_US |
| dc.subject.keyword | | Adaptation | | en_US |
| dc.subject.keyword | | Integrated Assessment | | en_US |
| dc.subject.stw | | Klimaveränderung | | en_US |
| dc.subject.stw | | Klimaschutz | | en_US |
| dc.subject.stw | | Umweltpolitik | | en_US |
| dc.title | | Adaptation, mitigation and 'green' R&D to combat global climate change: Insights from an empirical integrated assessment exercise | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 640279708 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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