Economic impacts and risks of climate change under failure and success of the Paris Agreement.

ABSTRACT: The Nationally Determined Contributions (NDCs) represent the world's first effort toward the Paris Agreement goal of keeping global temperature increase well below 2 °C and pursuing 1.5 °C. Little is known about how much the proposed mitigation efforts can reduce the risks and economic damages from unabated climate change and about the consequences if key emitters drop the Paris Agreement. Here, we use CLIMRISK, an integrated assessment model designed to support climate policy at the global, national, and subnational scales where mitigation and adaptation policy decisions are made. We characterize the consequences of unabated climate change and the benefits of current climate policy proposals by means of probabilistic estimates of the economic damages of climate change and uni- and multiva

SUBMITTER: Estrada F 

PROVIDER: S-EPMC9292546 | biostudies-literature | 2021 Nov

REPOSITORIES: biostudies-literature