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dc.contributor.authorSZEWCZYK WOJCIECHen_GB
dc.contributor.authorFEYEN LUCen_GB
dc.contributor.authorMATEI NICOLETA-ANCAen_GB
dc.contributor.authorCISCAR MARTINEZ JUAN CARLOSen_GB
dc.contributor.authorMULHOLLAND EAMONNen_GB
dc.contributor.authorSORIA RAMIREZ ANTONIOen_GB
dc.identifier.isbn978-92-76-18459-1 (online)en_GB
dc.identifier.issn1831-9424 (online)en_GB
dc.identifier.otherEUR 30199 ENen_GB
dc.identifier.otherOP KJ-NA-30199-EN-N (online)en_GB
dc.description.abstractClimate change damages the capital stock, affects economic production and the welfare of households in regions suffering the impact or that are economically linked with them. These economic effects have been quantified for seven climate impact categories: river floods, coastal floods, agriculture, energy supply, droughts, windstorms and human mortality. Due to the limited coverage of climate impacts, the assessment does not evaluate the full economic impacts of climate change in Europe. Human mortality from temperature extremes dominate the economic climate impacts, yet its contribution is strongly dependent on the monetary valuation of human lives. The magnitude of welfare losses in the Southern regions (Central Europe South and Southern Europe) is estimated to be several times larger compared to that in the North of Europe. Limiting warming to 2C would halve economic impacts compared to a 3C scenario, while achieving the stringent Paris target of 1.5C would lower welfare loss by 75%.en_GB
dc.description.sponsorshipJRC.C.6-Economics of Climate Change, Energy and Transporten_GB
dc.publisherPublications Office of the European Unionen_GB
dc.titleEconomic analysis of selected climate impactsen_GB
dc.typeEUR - Scientific and Technical Research Reportsen_GB
dc.identifier.doi10.2760/845605 (online)en_GB
JRC Directorate:Energy, Transport and Climate

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