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the intergovernmental panel on climate change assessment process
the intergovernmental panel on climate change assessment process

... some of the outcomes and more particularly on what this process might mean for South African science and scientists in the near future. Our review was conducted from April to August 2010 and was informed by public presentations from the IPCC and UN officials, as well as by scientists with wide-rangi ...
document - OurEnergyPolicy.org
document - OurEnergyPolicy.org

... abstraction as embodying the systematic non-diversi…able risk of the macroeconomy itself. In the spirit of partial equilibrium analysis, the probability distribution of macroeconomic output fCt g is treated as given while small variational investment perturbations around fCt g are considered. Consid ...
The basic economics of low-carbon growth in the UK (434 kB) (opens in new window)
The basic economics of low-carbon growth in the UK (434 kB) (opens in new window)

... is of course very difficult to model such high impact risks, so some modellers understandably impose a target, such as a warming of 2°C or an atmospheric concentration of greenhouse gases of 450 parts per million of carbon-dioxide-equivalent2, and then work out how this is best met. Although this ap ...
More than Meets the Eye: The Social Cost of Carbon in U.S. Climate
More than Meets the Eye: The Social Cost of Carbon in U.S. Climate

... Stern, the Head of the Government Economic Service and former World Bank chief economist. The influential report reviewed the potential impacts of climate change and the economics of climate policy. Although its scope was much more wide-ranging than that of U.S. efforts to calculate a social cost of ...
Earth 104 Activity: Modeling the Economics of Climate Change
Earth 104 Activity: Modeling the Economics of Climate Change

... this will decrease as time goes on due to improvements in efficiency of our economy — we will use less carbon to generate a dollar’s worth of goods and services in the future, reflecting what has happened in the recent past. The ECR can vary from 0 to 1, with 0 reflecting a policy of doing nothing w ...
From efficiency to justice: utility as the informational basis of climate change strategies, and some alternatives: Working Paper 13 (418 kB) (opens in new window)
From efficiency to justice: utility as the informational basis of climate change strategies, and some alternatives: Working Paper 13 (418 kB) (opens in new window)

... (1987), among others, to argue that the strength of the economic approach lies in its emphasis on interdependence and comparability of changes to human wellbeing. That is, any climate strategy, be it adaptation, mitigation or ‘business-as-usual’, consists in changes to human wellbeing that are linke ...
Summary report on the in-session workshop held at the first
Summary report on the in-session workshop held at the first

... A representative of China was of the view that the objectives of the review are to facilitate the achievement of the ultimate objective of the Convention and to provide useful input to the ADP and various institutions under the Convention. After presenting his understanding on how the principles and ...
PPT 560 KB - START - SysTem for Analysis Research and Training
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... framework to provide the initial guidelines for AR4. This framework re-stated the need to: 1st.- ensure the high quality of IPCC products 2nd.- safeguard the reputation of the IPCC as an intergovernmental body that produces policy-relevant but not policy-prescriptive neither policy driven assessment ...


... including the risk of pandemic, nuclear accident, or “runaway munication, respondents who characterize themselves as “very rogue computers”; why privilege climate change? Litterman conservative” are 20 times more likely to be dismissive of the does not resolve this, except to quote Weitzman in concl ...
W16IntroCSPsyllabus R5
W16IntroCSPsyllabus R5

... Focus: The goal of this course is to familiarize students with the policy history of climate change, and given them an in-depth understanding of climate policy options as they’ve been discussed in policyrelated literature. Proceedings: Our class period is three hours long. That’s far too long for le ...
- UNDP Climate Change Adaptation
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... for a few huge tropical cyclones of truly catastrophic potential. However, these events are so rare that it is unclear what the optimal policy response should be. Aggregate Assessment 1. Bosello, Francesco, Roberto Roson, and Richard Tol. 2007. “Economy-wide Estimates of the Implications of Climate ...
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The Policy Development Process - Parliamentary Monitoring Group
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... Initiating a detailed scenario building process to map out how South Africa could meet its UNFCCC Article 2 commitment to greenhouse gas stabilisation whilst ...
Overall progress on climate change
Overall progress on climate change

... There is, even under present climatic conditions already, great concern about climate related problems among farmers and the authorities alike, as testified by the wide range of factors to which South African farmers have been shown to be vulnerable to. Adaptation to climate change implies a range o ...
High impact, low probability (revised for Climatic Change)
High impact, low probability (revised for Climatic Change)

... The former concern, about the relationship between greenhouse gases accumulating in the atmosphere and warming, has very often been captured by the notion of climate sensitivity, that is, the equilibrium increase in global mean temperature resulting from a doubling in the atmospheric concentration o ...
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High impact, low probability? An empirical analysis of risk in the economics of climate change: Working Paper 9 (505 kB) (opens in new window)
High impact, low probability? An empirical analysis of risk in the economics of climate change: Working Paper 9 (505 kB) (opens in new window)

... Section two sets out the grounds for including catastrophic climate risks in the analysis, and assesses in more detail the extent to which existing economic studies have taken them into account. Section three discusses the properties of the standard economic model, with constant and strictly positi ...
The EU: A climate leader, but headed in the wrong...
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... The Fast Track Assessment results also indicate that mitigation could actually increase both the net global population at risk of water stress (see CATO’s “Climate Change, Part 2”), and habitat loss (see CATO’s “Climate Change, Part 2”). This illustrates a major, but often-ignored, drawback of mitig ...
IPCC WGII email exchange part 1
IPCC WGII email exchange part 1

... >2. The assertion that estimates ³agree on the size of the impact but >disagree on the sign. Climate change may be beneficial for moderate >climate change but turn negative for greater warming.² is patently not >supported by the evidence presented - in fact, of all the data >presented in Table 10.B. ...
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... topic: we have probably seen more economics papers on climate change in the last year than in all preceding history, including an entire issue of The Economists’Voice and a large collection in World Economics.1 And many of them were by very distinguished colleagues, so the Stern Review provoked not ...
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PDF

... Their findings suggest that under current agricultural practices, a lower future yield trajectory is expected for the major crops grown in the United States, but that adaptation strategies can alleviate these negative impacts. The second article, by John Antle, takes a global view of food security a ...
Health & Safety – risk assessment
Health & Safety – risk assessment

... Stern Review on the Economics of Climate Change In 2006 Sir Nicholas Stern, Adviser to the Government on the economics of climate change and development, presented his report on the Economics of Climate Change. ...
Impacts of New SEC Climate Change Disclosure Guidance on
Impacts of New SEC Climate Change Disclosure Guidance on

... SEC and investors will examine filings for climate change information Original petitioners and investors will probe underreporting Competitors may disclose information to their advantage Need for in-house staff or outside consultants to monitor new legislation/regulation, assess “legislative likelih ...
THE TOP-30 OF ECONOMISTS IN IRELAND
THE TOP-30 OF ECONOMISTS IN IRELAND

... discount rate employed in benefit and cost calculations over time can be thought of as the opportunity cost of investment, but it can also be seen as the relative value of consumption over time. The two are equivalent if the economy is in a dynamic equilibrium; and this equivalence means that time p ...
Climate Change and Politics
Climate Change and Politics

... Report of the USA Military Advisory Board. “freedom’s Challenge” the Atlantic Council's book celebrating the 20th anniversary of the fall of the Berlin Wall Military Advisory Board Publication (2007)- “ Climate, Energy and the Dominant Challenges of the 21st Century. Linkages Between war and Tempera ...
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Stern Review

The Stern Review on the Economics of Climate Change is a 700-page report released for the British government on 30 October 2006 by economist Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE. The report discusses the effect of global warming on the world economy. Although not the first economic report on climate change, it is significant as the largest and most widely known and discussed report of its kind.The Review states that climate change is the greatest and widest-ranging market failure ever seen, presenting a unique challenge for economics. The Review provides prescriptions including environmental taxes to minimise the economic and social disruptions. The Stern Review's main conclusion is that the benefits of strong, early action on climate change far outweigh the costs of not acting. The Review points to the potential impacts of climate change on water resources, food production, health, and the environment. According to the Review, without action, the overall costs of climate change will be equivalent to losing at least 5% of global gross domestic product (GDP) each year, now and forever. Including a wider range of risks and impacts could increase this to 20% of GDP or more, also indefinitely. Stern believes that 5–6 degrees of temperature increase is ""a real possibility.""The Review proposes that one percent of global GDP per annum is required to be invested to avoid the worst effects of climate change. In June 2008, Stern increased the estimate for the annual cost of achieving stabilisation between 500 and 550 ppm CO2e to 2% of GDP to account for faster than expected climate change.There has been a mixed reaction to the Stern Review from economists. Several economists have been critical of the Review, for example, a paper by Byatt et al. (2006) describes the Review as ""deeply flawed"". Some economists (such as Brad DeLong and John Quiggin) have supported the Review. Others have criticised aspects of Review's analysis, but argued that some of its conclusions might still be justified based on other grounds, e.g., see papers by Martin Weitzman (2007) and Dieter Helm (2008).
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