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CIRCL

Further degradation of the environment and natural capital can compromise prospects for future economic

well-being. The OECD Environmental Outlook to 2050: Consequences of Inaction (OECD, 2012) projected s

of climate change, biodiversity loss, water scarcity and health impacts of pollution by 2050, unless more am

implemented. The Environmental Outlook, however, presented a one-way analysis of the impacts of socioe

on the environment. Specifically, it took no account of the feedbacks from environmental challenges and re economy. This report, The Economic Consequences of Climate Change seeks to address this gap through

modelling framework that links climate change impacts to specific aspects of regional economic activity, s

productivity, the supply of production factors such as capital, and changes in the structure of demand. This

which covers a wide range of impact categories including agriculture, coastal zones, some extreme events

and tourism demand, is used to assess the economic consequences of climate change until 2060, and is co stylised integrated assessment modelling of post-2060 economic impacts.

The Economic Consequences of Climate Change: Policy Highlights  

This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and bey...

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