Published on November 03, 2015
Also available in: French
|Acronyms and abbreviations|
|Modelling the economic consequences of climate change|
|The damages from selected climate change impacts to 2060|
|The bigger picture of climate change|
|The benefits of policy action|
|Description of the modelling tools|
Objective and background
The OECD Environmental Outlook to 2050: Consequences of Inaction took no account of the feedbacks from environmental challenges and resource scarcity to the economy. This report seeks to address this gap through a detailed economic modelling framework that links climate change impacts to specific aspects of regional economic activity, such as labour productivity, the supply of production factors such as capital, and changes in the structure of demand.
This detailed global analysis, which covers a wide range of impact categories including agriculture, coastal zones, some extreme events, health and energy and tourism demand, is used to assess the economic consequences of climate change until 2060, and is complemented by more stylised integrated assessment modelling of post-2060 economic impacts.
OECD work on…