Economic analysis of Climate Impacts and Policy

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Economic analysis of Climate Impacts and Policy

The ECIP Division aims to characterize economically different climate change scenarios. This consists firstly in the development of economic assessments of climate change impacts.

This research area requires on the one hand to translate, in collaboration with the other divisions of CMCC, the physical impacts of climate change in economic terms. On the other hand, it requires to develop scenarios of social economic development on which climate change will occur. The second research area of the division is the evaluation and design of effective and feasible policies to adapt to climate change.

Objectives

  • Development of the coupling among the economic, climate and impact process-based models of CMCC;
  • Development and implementation of social economic scenarios;
  • Assessment of the economic cost of climate change impacts at the global, macro-regional, country and subnational level;
  • Analysis of climate change adaptation policies;
  • Research and networking activities on governance of climate change.

ECIP Projects

  • PROCLIAS4: Process-based models for climate impact attribution across sectors

    The project aims at assessing the impact of heat on labour, incorporating…


  • ADB: Economy-wide costs of climate change in South and South-East Asia

    The technical assistance will provide an economy-wide assessment of cost of climate…


  • ECIP Publications

    Innovation in distributed energy services for sustainable development: case studies from sub-Saharan Africa

    Pachauri S.; Coldrey O.; Falchetta G., Pelz S.;
    2024, Environmental Research Letters, doi: 10.1088/1748-9326/ad8460


    Heat stress and the labour force

    Dasgupta  S., Robinson, E. J. Z.; Shayegh S., Bosello F., Park R.J.; Gosling, Simon N.
    2024, Nature Reviews Earth and Environment, doi: 10.1038/s43017-024-00606-1


    The 2024 report of the Lancet Countdown on health and climate change: facing record-breaking threats from delayed action

    Romanello M.; Walawender M.; Hsu S.-C.; Moskeland A.; Palmeiro-Silva Y.; Scamman D.; Ali Z.; Ameli N.; Angelova D.; Ayeb-Karlsson S.; Basart S.; Beagley J.; Beggs P.J.; Blanco-Villafuerte L.; Cai W.; Callaghan M.; Campbell-Lendrum D.; Chambers J.D.; Chicmana-Zapata V.; Chu L.; Cross T.J.; van Daalen K.R.; Dalin C.; Dasandi N.; Dasgupta  S., et all.
    2024, The Lancet, Volume 404, Issue 10465, Pages 1847, doi: 10.1016/S0140-6736(24)01822-1

    ECIP Models

    Division Director

    Francesco Bosello

    Division Manager

    Enrico Carraro

    Contacts

    Edificio Porta dell’Innovazione – Piano 2
    Via della Libertà 12, 30175
    Venezia Marghera (VE), Italy
    [email protected]

    Research Units

    Research Unit Leader
    Enrica De Cian

    This research area uses advanced econometric and statistical techniques to assess the different dimensions of the economic impact of climate change and adaptation with a spatially explicit detail. Research ranges from the world gridded representation of the macroeconomic costs of climate change to the development of  statistical emulators of crop-growth models, to the spatialization of impacts on labour productivity, energy demand and supply.

    Research Unit Leader
    Margaretha Breil

    Cities are important places for the generation of greenhouse gases and are extremely vulnerable to changing climate conditions. The urban climate group works on quantitative and qualitative assessments of local climate vulnerability and the sustainability of climate strategies aimed at supporting the development of local climate policies. Based on their expertise in analysis and evaluation of urban and  policies and support of local decision making, the group supports local, national and international authorities.

    Research Unit Leader
    Ramiro Parrado 

    This research area develops and applies macro economic general equilibrium modeling techniques to assess the direct and higher order costs of climate change. Particular emphasis is given to the representation of autonomous market-driven adaptation mechanisms  i.e. that systemic interactions across markets and agents able to propagating, amplifying or smoothing initial impacts. Research activity focuses on the interaction across impacts and across policies, their influence on the pursuit of sustainable development, the regional dimension  of economic impacts of climate change.

    RFF-CMCC European Institute on Economics and the Environment leverages two leading international centers for economic and environmental research: Resources for the Future – RFF, Euro-Mediterranean Center on Climate Change – CMCC.

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