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2015 | OriginalPaper | Chapter

4. Climate Impact Evaluation at the National Level: The Interdisciplinary Consistent Framework

Authors : Karl W. Steininger, Martin König, Birgit Bednar-Friedl, Herbert Formayer

Published in: Economic Evaluation of Climate Change Impacts

Publisher: Springer International Publishing

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Abstract

Impact assessment at the national level requires sectoral detail, economy-wide integration, and a consistent framework and toolbox to do so. This chapter discusses the issues and derives the requirements for climate scenarios and local indicators, shared socioeconomic pathways, and economic evaluation to allow for and ensure consistent integration. Finally, a methodological check-list for national level quantitative climate impact assessment is provided.

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Footnotes
1
The three most often applied Integrated Assessment Models (IAMs) to date are DICE (Dynamic Integrated Climate and Economy), PAGE (Policy Analysis of the Greenhouse Effect), and FUND (Climate Framework for Uncertainty, Negotiation, and Distribution), with model descriptions given by Nordhaus (1991, 2011), Hope (2006)—on which the Stern review is based (Stern 2007)—and Tol 2002a, b, respectively. The modelling aspects questioned most—for derivation of social costs of carbon by such means—include arbitrary parameter choice in social welfare functions, climate sensitivity (the temperature increase a GHG doubling implies), arbitrary and non-empirical based climate damage functions (usually a functional relationship between temperature increase and (regional) GDP loss, for FUND also distinguishing individual sectors), and neglect of consideration of possible catastrophic outcomes. For a detailed discussion see Ackerman et al. (2009), Watkiss 2011, Pindyck (2013) and Wagner and Weitzman (2015).
 
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Metadata
Title
Climate Impact Evaluation at the National Level: The Interdisciplinary Consistent Framework
Authors
Karl W. Steininger
Martin König
Birgit Bednar-Friedl
Herbert Formayer
Copyright Year
2015
DOI
https://doi.org/10.1007/978-3-319-12457-5_4

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