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An economic analysis of climate change uses economic tools and models to calculate the magnitude and distribution of damages caused by climate change. It can also give guidance for the best policies for mitigation and adaptation to climate change from an economic perspective. There are many economic models and frameworks.
According to a report published by the centre in 2018 on the economics of climate change mitigation the economic impacts of climate change will be much larger if cuts in greenhouse gas emissions are delayed. [3] CCCEP is co-host of the Place-based Climate Action Network (P-CAN), which is funded by the ESRC. [4]
Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [299] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [300]
The Economic Policy Institute (EPI) is a 501(c)(3) non-profit American think tank based in Washington, D.C., that carries out economic research and analyzes the economic impact of policies and proposals. Affiliated with the labor movement, [2] [3] [4] the EPI is usually described as presenting a left-leaning and pro-union viewpoint on public ...
The Stern Review on the Economics of Climate Change is a 700-page report released for the Government of the United Kingdom 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 (LSE) and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE.
The Climate Policy Initiative (CPI) is an independent non-profit research group and international climate policy organization based in San Francisco, California with other offices worldwide. [ 3 ] [ 4 ] CPI is supported primarily by philanthropic organizations and government development finance.
Shared Socioeconomic Pathways (SSPs) are climate change scenarios of projected socioeconomic global changes up to 2100 as defined in the IPCC Sixth Assessment Report on climate change in 2021. [2] They are used to derive greenhouse gas emissions scenarios with different climate policies.
The Special Report on Emissions Scenarios (SRES) is a report by the Intergovernmental Panel on Climate Change (IPCC) that was published in 2000. The greenhouse gas emissions scenarios described in the Report have been used to make projections of possible future climate change.