Arbeitspapier
Economic Impact Assessment of Climate Change: A Multi-gas Investigation with WIAGEM-GTAPEL-ICM
Climate change is a long-term issue due to the long lifespan of greenhouse gases and the delayed response of the climate system. This paper investigates the long-term economic consequences of both climate change impacts and mitigation efforts by applying the multiregional, multi-sectoral integrated assessment model WIAGEM based on GTAP-EL coupled with the reduced-form multi-gas climate model ICM. We investigate emissions reduction paths to reach a radiative forcing target of 4.5 w /m^2. Economic impacts are studied and compared with and without the inclusion of all GHG gases. We find that multi-gas emissions reduction causes less economic losses compared with a case where only CO2 emissions reductions would be considered.
- Sprache
-
Englisch
- Erschienen in
-
Series: DIW Discussion Papers ; No. 499
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kemfert, Claudia
Truong, Truong Phuoc
Bruckner, Thomas
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
-
Berlin
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kemfert, Claudia
- Truong, Truong Phuoc
- Bruckner, Thomas
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2005