Search results
Results from the WOW.Com Content Network
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.
Some climate change effects: wildfire caused by heat and dryness, bleached coral caused by ocean acidification and heating, environmental migration caused by desertification, and coastal flooding caused by storms and sea level rise. Effects of climate change are well documented and growing for Earth's natural environment and human societies. Changes to the climate system include an overall ...
Economic damages due to climate change may be severe and there is a chance of disastrous consequences. [249] Severe impacts are expected in South-East Asia and sub-Saharan Africa , where most of the local inhabitants are dependent upon natural and agricultural resources.
Climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that's not warming, with the poorest areas and those least responsible for heating ...
Anthropogenic climate change as a consequence of greenhouse gas emissions from the burning of fossil fuels and the rearing of livestock. The Stern Review on the Economics of Climate Change says "Climate change presents a unique challenge for economics: it is the greatest example of market failure we have ever seen." [24]
The mitigation of climate change effects is an example of a public good, where the social benefits are not reflected completely in the market price. Because the personal marginal benefits are less than the social benefits the market under-provides climate change mitigation.
The disparity in greenhouse gas emissions between rich and poor countries — and rich and poor people within countries — is just as extreme as economic inequality, a new report finds.
The Climate Vulnerable Forum (CVF) is a global partnership of countries that are disproportionately affected by the consequences of climate change. [52] The forum addresses the negative effects of climate change as a result of heightened socioeconomic and environmental