The integration of PESETA sectoral economic impacts into the GEM-E3 Europe model: methodology and results.
The PESETA project has estimated the physical effects of climate change in 11
Europe for the following impact categories with a market valuation: agriculture, river 12
floods, coastal systems and tourism. Four alternative scenarios of future climate change 13
have been considered. The computable general equilibrium (CGE) GEM-E3 model for 14
Europe has been used to integrate the PESETA damages under a consistent economic 15
framework. The approach followed has been to assess the effects of future climate (as of 16
2080s) on today’s economy. This article details the way each sectoral impact has been 17
integrated into the CGE model. The EU welfare loss is estimated to be in a range of 0.2% to 18
1%, depending on the climate future and the projected sea level rise. Results show that the 19
Southern Europe region appears as the most vulnerable area to climate change. Impacts in 20
coastal systems, agriculture and river floods determine the overall and regional pattern of 21
impacts within Europe.
CISCAR MARTINEZ Juan Carlos;
SZABO Laszlo;
VAN REGEMORTER Denise;
SORIA RAMIREZ Antonio;
2013-01-18
SPRINGER
JRC67816
0165-0009,
http://rd.springer.com/article/10.1007%2Fs10584-011-0343-y,
https://publications.jrc.ec.europa.eu/repository/handle/JRC67816,
10.1007/s10584-011-0343-y,
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