Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129447
Authors: 
Arndt, Channing
Chinowsky, Paul
Fant, Charles
Gebretsadik, Yohannes
Neumann, James E.
Paltsev, Sergey
Schlosser, C. Adam
Strzepek, Kenneth
Tarp, Finn
Thurlow, James
Year of Publication: 
2015
Series/Report no.: 
WIDER Working Paper 2015/116
Abstract: 
We consider the interplay of climate change impacts, global mitigation policies, and the interests of developing countries to 2050. Focusing on Malawi, Mozambique, and Zambia, we employ a structural approach to biophysical and economic modeling that incorporates climate uncertainty and allows for rigorous comparison of climate, biophysical, and economic outcomes across global mitigation regimes. We find that effective global mitigation policies generate two sources of benefit. First, less distorted climate outcomes result in typically more favourable economic outcomes. Second, successful global mitigation policies reduce global fossil fuel producer prices, relative to unconstrained emissions, providing a substantial terms of trade boost to structural fuel importers. Combined, these gains are on the order of or greater than estimates of mitigation costs. These results highlight the interests of most developing countries in effective global mitigation policies, even in the relatively near term, with the likelihood of much larger benefits post 2050.
Subjects: 
climate change
global mitigation
developing countries
growth and development
climate uncertainty
JEL: 
O11
O55
Q41
Q54
ISBN: 
978-92-9256-005-8
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.