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dc.contributor.authorBosello, Francescoen
dc.contributor.authorCarraro, Carloen
dc.contributor.authorDe Cian, Enricaen
dc.date.accessioned2011-09-15-
dc.date.accessioned2011-12-15T11:33:00Z-
dc.date.available2011-12-15T11:33:00Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/53315-
dc.description.abstractThe latest round of international negotiations in Copenhagen led to a set of commitments on emission reductions which are unlikely to stabilise global warming below or around 2êC. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address climate-related damages. What is the role of adaptation in this setting? How is it optimally allocated across regions and time? To address these questions, this paper analyses the optimal mix of adaptation and mitigation expenditures in a cost-effective setting in which countries cooperate to achieve a long-term stabilisation target (550 CO2-eq). It uses an Integrated Assessment Model (AD-WITCH) that describes the relationships between different adaptation modes (reactive and anticipatory), mitigation, and capacity-building to analyse the optimal portfolio of adaptation measures. Results show the optimal intertemporal distribution of climate policy measures is characterised by early investments in mitigation followed by large adaptation expenditures a few decades later. Hence, the possibility to adapt does not justify postponing mitigation, although it reduces its costs. Mitigation and adaptation are thus shown to be complements rather than substitutes.en
dc.language.isoengen
dc.publisher|aFondazione Eni Enrico Mattei (FEEM) |cMilanoen
dc.relation.ispartofseries|aNota di Lavoro |x69.2011en
dc.subject.jelQ54en
dc.subject.jelQ56en
dc.subject.jelQ43en
dc.subject.ddc330en
dc.subject.keywordClimate Change Impactsen
dc.subject.keywordMitigationen
dc.subject.keywordAdaptationen
dc.subject.keywordIntegrated Assessment Modelen
dc.titleAdaptation can help mitigation: An integrated approach to post-2012 climate policy-
dc.typeWorking Paperen
dc.identifier.ppn668395885en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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