Valuing climate impacts in integrated assessment models: The MIT IGSM
We discuss a strategy for investigating the impacts of climate change on Earth's physical, biological and human resources and links to their socio-economic consequences. As examples, we consider effects on agriculture and human health. Progress requires a careful understanding of the chain of p...
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Online Access: | https://doi.org/10.1007/s10584-012-0635-x http://hdl.handle.net/10722/202184 |
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ftunivhongkonghu:oai:hub.hku.hk:10722/202184 2023-05-15T17:51:26+02:00 Valuing climate impacts in integrated assessment models: The MIT IGSM Strzepek, Kenneth M. Selin, Noelle Eckley Nam, Kyungmin Cai, Yongxia Webster, Mort D. Sokolov, Andrei P. Reilly, John M. Paltsev, Sergey V. Scott, Jeffery R. Dutkiewicz, Stephanie Monier, Erwan 2013 https://doi.org/10.1007/s10584-012-0635-x http://hdl.handle.net/10722/202184 eng eng Climatic Change Climatic Change, 2013, v. 117, n. 3, p. 561-573 doi:10.1007/s10584-012-0635-x 573 WOS:000316129000010 0165-0009 3 eid_2-s2.0-84874945184 561 http://hdl.handle.net/10722/202184 117 Article 2013 ftunivhongkonghu https://doi.org/10.1007/s10584-012-0635-x 2023-01-14T16:03:27Z We discuss a strategy for investigating the impacts of climate change on Earth's physical, biological and human resources and links to their socio-economic consequences. As examples, we consider effects on agriculture and human health. Progress requires a careful understanding of the chain of physical changes-global and regional temperature, precipitation, ocean acidification, polar ice melting. We relate those changes to other physical and biological variables that help people understand risks to factors relevant to their daily lives-crop yield, food prices, premature death, flooding or drought events, land use change. Finally, we investigate how societies may adapt, or not, to these changes and how the combination of measures to adapt or to live with losses will affect the economy. Valuation and assessment of market impacts can play an important role, but we must recognize the limits of efforts to value impacts where deep uncertainty does not allow a description of the causal chain of effects that can be described, much less assigned a likelihood. A mixed approach of valuing impacts, evaluating physical and biological effects, and working to better describe uncertainties in the earth system can contribute to the social dialogue needed to achieve consensus on the level and type of mitigation and adaptation actions. © 2012 Springer Science+Business Media Dordrecht. link_to_subscribed_fulltext Article in Journal/Newspaper Ocean acidification University of Hong Kong: HKU Scholars Hub Climatic Change 117 3 561 573 |
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Open Polar |
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University of Hong Kong: HKU Scholars Hub |
op_collection_id |
ftunivhongkonghu |
language |
English |
description |
We discuss a strategy for investigating the impacts of climate change on Earth's physical, biological and human resources and links to their socio-economic consequences. As examples, we consider effects on agriculture and human health. Progress requires a careful understanding of the chain of physical changes-global and regional temperature, precipitation, ocean acidification, polar ice melting. We relate those changes to other physical and biological variables that help people understand risks to factors relevant to their daily lives-crop yield, food prices, premature death, flooding or drought events, land use change. Finally, we investigate how societies may adapt, or not, to these changes and how the combination of measures to adapt or to live with losses will affect the economy. Valuation and assessment of market impacts can play an important role, but we must recognize the limits of efforts to value impacts where deep uncertainty does not allow a description of the causal chain of effects that can be described, much less assigned a likelihood. A mixed approach of valuing impacts, evaluating physical and biological effects, and working to better describe uncertainties in the earth system can contribute to the social dialogue needed to achieve consensus on the level and type of mitigation and adaptation actions. © 2012 Springer Science+Business Media Dordrecht. link_to_subscribed_fulltext |
format |
Article in Journal/Newspaper |
author |
Strzepek, Kenneth M. Selin, Noelle Eckley Nam, Kyungmin Cai, Yongxia Webster, Mort D. Sokolov, Andrei P. Reilly, John M. Paltsev, Sergey V. Scott, Jeffery R. Dutkiewicz, Stephanie Monier, Erwan |
spellingShingle |
Strzepek, Kenneth M. Selin, Noelle Eckley Nam, Kyungmin Cai, Yongxia Webster, Mort D. Sokolov, Andrei P. Reilly, John M. Paltsev, Sergey V. Scott, Jeffery R. Dutkiewicz, Stephanie Monier, Erwan Valuing climate impacts in integrated assessment models: The MIT IGSM |
author_facet |
Strzepek, Kenneth M. Selin, Noelle Eckley Nam, Kyungmin Cai, Yongxia Webster, Mort D. Sokolov, Andrei P. Reilly, John M. Paltsev, Sergey V. Scott, Jeffery R. Dutkiewicz, Stephanie Monier, Erwan |
author_sort |
Strzepek, Kenneth M. |
title |
Valuing climate impacts in integrated assessment models: The MIT IGSM |
title_short |
Valuing climate impacts in integrated assessment models: The MIT IGSM |
title_full |
Valuing climate impacts in integrated assessment models: The MIT IGSM |
title_fullStr |
Valuing climate impacts in integrated assessment models: The MIT IGSM |
title_full_unstemmed |
Valuing climate impacts in integrated assessment models: The MIT IGSM |
title_sort |
valuing climate impacts in integrated assessment models: the mit igsm |
publishDate |
2013 |
url |
https://doi.org/10.1007/s10584-012-0635-x http://hdl.handle.net/10722/202184 |
genre |
Ocean acidification |
genre_facet |
Ocean acidification |
op_relation |
Climatic Change Climatic Change, 2013, v. 117, n. 3, p. 561-573 doi:10.1007/s10584-012-0635-x 573 WOS:000316129000010 0165-0009 3 eid_2-s2.0-84874945184 561 http://hdl.handle.net/10722/202184 117 |
op_doi |
https://doi.org/10.1007/s10584-012-0635-x |
container_title |
Climatic Change |
container_volume |
117 |
container_issue |
3 |
container_start_page |
561 |
op_container_end_page |
573 |
_version_ |
1766158575640510464 |