Valuing Climate Change Mitigation
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Valuing Climate Change Mitigation
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Author : Sonia Akter
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012-01-01
Valuing Climate Change Mitigation written by Sonia Akter and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Science categories.
This enriching book presents a holistic overview of climate change uncertainty and offers a number of pathways that could be used to account for such uncertainties in the stated preference valuation research. It shows that uncertainty plays an important role in determining the values of climate change mitigation benefits and, as the authors say, 'If this uncertainty remains unaccounted for, there is a potential danger that the estimated economic values will misrepresent social preferences for public policy interventions to manage environmental externalities.' Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiments techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollutions Reduction Scheme. The authors present frameworks to account for multiple uncertainty in environmental decision analysis that will prove invaluable for academics and students in the fields of environmental economics and management. Policy makers will also gain invaluable methodological insight.
Valuing Climate Change Mitigation
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Author : Sonia Akter
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012
Valuing Climate Change Mitigation written by Sonia Akter and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
This enriching book presents a holistic overview of climate change uncertainty and offers a number of pathways that could be used to account for such uncertainties in the stated preference valuation research. It shows that uncertainty plays an important role in determining the values of climate change mitigation benefits and, as the authors say, 'If this uncertainty remains unaccounted for, there is a potential danger that the estimated economic values will misrepresent social preferences for public policy interventions to manage environmental externalities.'Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiment techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollution Reduction Scheme.The authors present frameworks to account for multiple uncertainty in environmental decision analysis that will prove invaluable for academics and students in the fields of environmental economics and management. Policy makers will also gain invaluable methodological insight.
The Long Hedge
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Author : Jason West
language : en
Publisher: Routledge
Release Date : 2017-09-08
The Long Hedge written by Jason West and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-08 with Business & Economics categories.
Part of the Greenleaf Publishing Responsible Investment Series.Mitigating and adapting to risks and changing circumstances is a natural part of doing business. But methods of mitigating and adapting can be quite different in terms of time, cost and observed impacts. The impacts of mitigation activities are more immediate while the benefits of adaptation activities may take many years to take effect. Nowhere is this difference more apparent than in the case of the corporate response to climate change.In the context of climate change, adaptation is the process of changing behaviour in response to actual or expected climate change impacts. Climate change adaptation is now emerging as a critical partner to mitigation, and indeed may even become the primary protection mechanism for future generations.In this unique book, Jason West provides a comprehensive assessment of the management of climate change adaptation in the corporate sector. The book provides a formal overview of the range of approaches available along with a series of practical case studies and examples that can be used by companies and other organizations to identify, assess and manage climate change adaptation.A major focus is on the financial and investment implications of climate change adaptation. West examines how firms can evaluate the investment decisions associated with long-term climate change adaptation measures, including how such investments can be valued and funded, the appropriate accounting treatment of such measures and appropriate risk management and governance practices in relation to such measures. The book also considers the needs and interests of investors and other stakeholders, and considers how they can assess the adequacy and appropriateness of corporate action on climate change.The Long Hedge will be essential reading and a key text for risk-practitioners, investors, financiers, scholars and policy makers in the field of climate change.
Valuing Climate Change
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Author : Samuel Fankhauser
language : en
Publisher: Routledge
Release Date : 2013-10-11
Valuing Climate Change written by Samuel Fankhauser and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-11 with Business & Economics categories.
Within only a few years, global warming has emerged from scientific speculation into an environmental threat of worldwide concern. Yet the scientific community remains uncertain as to the long-term trends and effects of climate change, and this uncertainty has been seized on as justification for inaction by an international community reluctant to bear the costs of policies to reduce greenhouse gas emissions. Valuing Climate Change presents concrete, economic evidence of the need for action. Fankhauser assesses the costs of a doubling of GHG emissions to be a significant percentage of gross world product; a figure which he then compares to the costs of reducing emissions. In his comparison, he looks at regional as well as global estimates of damage, and takes account of the non-climate change benefits of GHG reductions, such as a switch in the energy sector to cleaner technologies or renewable fuels, and the impacts on transport, with reduced congestion and improved air quality. It is clear that the stakes are high, and Fankhauser believes that tougher targets may be needed than those set out in the Framework Convention on Climate Change. He assesses the optimum policy responses to GHG reduction, the likely instruments for achieving it and the potential for international cooperation in dealing with the problems. This is a major contribution to the rapidly changing debate on global warming.
A Framework For The Quantification And Economic Valuation Of Health Outcomes Originating From Health And Non Health Climate Change Mitigation And Adaptation Action
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Author : World Health Organization
language : en
Publisher: World Health Organization
Release Date : 2023-05-02
A Framework For The Quantification And Economic Valuation Of Health Outcomes Originating From Health And Non Health Climate Change Mitigation And Adaptation Action written by World Health Organization and has been published by World Health Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-02 with Medical categories.
This report presents a framework to link science, policy and practice for a comprehensive assessment of climate mitigation and adaptation investments and their impact on human health.The framework proposes to use weather and climate data to forecast health impacts over time, as well as biophysical and economic models to quantify the outcomes of investments in climate change adaptation and mitigation for relevant sectoral indicators and health co-benefits. It provides guidance on the economic valuation of health co-benefits of climate action, for inclusion in sector-specific cost–benefit analysis (CBA), including the spatial allocation of such costs and benefits. The framework developed and presented in this study is comprehensive, and provides various entry points for different audiences, including decision-makers in the public and private sectors, researchers and scientists, working in the health sector as well as in other thematic areas and related sectors affected by climate action.
Itf Research Reports Adapting Transport Policy To Climate Change Carbon Valuation Risk And Uncertainty
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Author : International Transport Forum
language : en
Publisher: OECD Publishing
Release Date : 2015-11-24
Itf Research Reports Adapting Transport Policy To Climate Change Carbon Valuation Risk And Uncertainty written by International Transport Forum and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-24 with categories.
Transport accounts for nearly a quarter of anthropogenic carbon dioxide emissions. The price attached to these emissions is critical to climate policies and emissions mitigation efforts in the sector. As the impact of emissions on climate does not depend on where CO2 is released, the price of ...
Macroeconomic And Financial Policies For Climate Change Mitigation A Review Of The Literature
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Author : Signe Krogstrup
language : en
Publisher: International Monetary Fund
Release Date : 2019-09-04
Macroeconomic And Financial Policies For Climate Change Mitigation A Review Of The Literature written by Signe Krogstrup and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-04 with Business & Economics categories.
Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.
Discounting The Benefits Of Climate Change Mitigation
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Author : Richard Newell
language : en
Publisher:
Release Date : 2001
Discounting The Benefits Of Climate Change Mitigation written by Richard Newell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Climatic changes categories.
Valuing Climate Damages
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Author : National Academies of Sciences, Engineering, and Medicine
language : en
Publisher: National Academies Press
Release Date : 2017-06-23
Valuing Climate Damages written by National Academies of Sciences, Engineering, and Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-23 with Science categories.
The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.
The Calculus Of Climate Policy
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Author : Matthias Kalkuhl
language : en
Publisher: Sudwestdeutscher Verlag Fur Hochschulschriften AG
Release Date : 2012-07
The Calculus Of Climate Policy written by Matthias Kalkuhl and has been published by Sudwestdeutscher Verlag Fur Hochschulschriften AG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07 with categories.
Unmitigated climate change is a serious threat for humankind. Although uncertainties regarding the magnitude of global warming and its impacts remain, there is a broad political consensus to drastically reduce greenhouse gas emissions. This book analyzes different policy instruments to reduce carbon emissions like taxes on emissions, emissions trading schemes and policies promoting renewable energy or carbon capture and sequestration. With small analytical models and with a comprehensive computable general equilibrium model the effect of these instruments on emissions, welfare, energy prices and rents is studied. Although a price on carbon emissions is the most important instrument in the long run, subsidies on low-carbon technologies can increase efficiency when they target innovation-related market failures. Technology policies can also be a pragmatic second-best alternative if carbon prices are too low or temporary missing. The analysis provides a valuable contribution to current political debates about the optimal mix of policy instruments to mitigate global warming.