Climate change

COP21 session - Unequal costs of climate change: Economics of impacts and adaptation at the regional level

4 Dec. 2015
17:15 - 18:45
Paris-Le Bourget
Side event

  • Location: Conference Centre - Blue Zone - Delegations Area - Hall 3 - Pavilion 7

Average global temperature rise is the main benchmark for climate policy: the goal of keeping below 2°C and the increasing severe risks the world would face if it were to go beyond that figure.

This global perspective provides the strong economic case for mitigation action. But, climate change will not be experienced equally: the impact on regional climates will vary, as will the consequences of changing weather patterns. Improved understanding of these regional differences can assist with the development of effective adaptation responses.

This session presented results of new modelling of the impacts of climate change that helps to reveal some of the main economic impacts of climate change across regions. It was followed by a discussion of the economics of adapting to climate impacts, both in OECD and developing countries.

Key speakers

  • Chair: Shardul Agrawala, Environment Directorate, OECD
  • Rob Dellink, Environment Directorate, OECD
  • Michael Mullan, Environment Directorate, OECD
  • Stephane Hallegatte, World Bank
  • Enrica De Cian, Fondazione Eni Enrico Mattei, FEEM, Italy
  • Joel Smith, Consultant)
  • Pradeep Kurukulasuriya, UNDP
  • Paul Watkiss, Oxford ECI/PWA


the economic consequences of climate change - policy highlights


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