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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]
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.
Based in Berlin, the institute was founded in 2012 by Stiftung Mercator and the Potsdam Institute for Climate Impact Research (PIK). [1] The research team is composed of an interdisciplinary group of scientists from economics and the social sciences. Directed by the climate economist Ottmar Edenhofer, [2] MCC currently employs some 50 staff. [3]
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.
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]
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.
Climate Policy Initiative Youtube channel “A Conversation with Climate Policy Initiative” , Yale Center for Business and the Environment, April 21, 2020. 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.
Climate Change 2007, the Fourth Assessment Report (AR4) of the United Nations Intergovernmental Panel on Climate Change (IPCC), was published in 2007 and is the fourth in a series of reports intended to assess scientific, technical and socio-economic information concerning climate change, its potential effects, and options for adaptation and mitigation. [2]