publication . Article . 2020

Economy-wide effects of coastal flooding due to sea level rise: a multi-model simultaneous treatment of mitigation, adaptation, and residual impacts

Thomas Schinko; Laurent Drouet; Zoi Vrontisi; Andries F. Hof; Jochen Hinkel; Junko Mochizuki; Valentina Bosetti; Kostas Fragkiadakis; Detlef P. van Vuuren; Daniel Lincke;
Open Access English
  • Published: 14 Jan 2020
Abstract
This article presents a multi-model assessment of the macroeconomic impacts of coastal flooding due to sea level rise and the respective economy-wide implications of adaptation measures for two greenhouse gas (GHG) concentration targets, namely the Representative Concentration Pathways (RCP)2.6 and RCP4.5, and subsequent temperature increases. We combine our analysis, focusing on the global level, as well as on individual G20 countries, with the corresponding stylized RCP mitigation efforts in order to understand the implications of interactions across mitigation, adaptation and sea level rise on a macroeconomic level. Our global results indicate that until the ...
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Subjects
free text keywords: macroeconomic assessment, economy-wide effects, coastal flooding due to sea level rise, multi-model assessment, mitigation- adaptation interaction, well below 2 °C, COASTAL FLOODING DUE TO SEA LEVEL RISE, MACROECONOMIC ASSESSMENT, ECONOMY-WIDE EFFECTS, MULTI-MODEL ASSESSMENT, MITIGATION-ADAPTATION INTERACTION, Coastal flood, Damages, Sea level rise, Economic impact analysis, Representative Concentration Pathways, Greenhouse gas, Environmental science, Stylized fact, Residual, Economy
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Funded by
EC| GREEN-WIN
Project
GREEN-WIN
Green growth and win-win strategies for sustainable climate action
  • Funder: European Commission (EC)
  • Project Code: 642018
  • Funding stream: H2020 | RIA
,
EC| CD-LINKS
Project
CD-LINKS
Linking Climate and Development Policies - Leveraging International Networks and Knowledge Sharing
  • Funder: European Commission (EC)
  • Project Code: 642147
  • Funding stream: H2020 | RIA
,
EC| COACCH
Project
COACCH
CO-designing the Assessment of Climate CHange costs
  • Funder: European Commission (EC)
  • Project Code: 776479
  • Funding stream: H2020 | RIA
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