Investing to Mitigate and Adapt to Climate Change: A Framework Model
IMF Working Papers, August 5, 2016
Source details
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- Investing to Mitigate and Adapt to Climate Change: A Framework Model
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Bibliographic details
- Authors: Anthony Bonen, Prakash Loungani, Willi Semmler, Sebastian Koch
- Published: August 5, 2016
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781475523690.001
Summary
- Proposes a macroeconomic model to assess optimal public policy decisions when funding demands for climate change action compete with traditional welfare-enhancing capital investment.
- Emphasizes uncertainty in delineating costs and benefits of traditional versus adaptation-focused development.
- Places particular emphasis on changing levels of risk and vulnerabilities faced by developing countries as they allocate investment toward:
- growth strategies,
- adapting to climate change,
- emissions mitigation.
Major themes and analytical focus
- Macroeconomic modeling of public investment trade-offs between:
- climate change action (adaptation and mitigation),
- traditional welfare-enhancing capital investment.
- Attention to risk and vulnerability dynamics in developing countries under different investment allocations.
- Consideration of implementation and policy design elements relevant for adaptation-focused development versus traditional investment.
Key publication facts and metadata
- Authors: Anthony Bonen, Prakash Loungani, Willi Semmler, Sebastian Koch
- Publication date: August 5, 2016
- Series: Working Paper No. 2016/164
- Issue: 164
- Volume: 2016
- Pages: 46
- DOI: https://doi.org/10.5089/9781475523690.001
- Stock No: WPIEA2016164
- ISBN: 9781475523690
- ISSN: 1018-5941
Subjects and keywords
- Subjects: Climate change, Climate policy, Environment, Greenhouse gas emissions, Non-renewable resources, Revenue administration
- Keywords (as provided): adaptation policy option, Climate Change, climate change damage, climate change impact literature, climate change investment policy, climate change policy approach, Climate policy, economic development, Fiscal Policy, Global, greenhouse gas, Greenhouse gas emissions, implementation framework, mitigation effort, mitigation policy funding, no-policy-action scenario, Non-renewable resources, Nonlinear Model Predictive Control, policy implementation framework, Public Capital, stopping climate change, WP
Information derived from the IMF Working Paper landing page for "Investing to Mitigate and Adapt to Climate Change: A Framework Model" (August 5, 2016).