Climate change: scenarios,impacts, policy,and development opportunities |
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| Authors: | Carlo Carraro |
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| Affiliation: | University of Venice, FEEM, CMCC, GGKP and Vice Chair, IPCC WG III and Scientific Director, Fondazione Eni Enrico Mattei, Venice, Italy |
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| Abstract: | This article is divided into three parts. First, it provides an overview of the main outcomes of the last IPCC assessment report, both in terms of economic drivers of greenhouse gas (GHG) emissions, and in terms of impacts of climate change, in particular for the agriculture sector. Then, it focuses on policy options and their optimal design, taking into account technological availability, international cooperation, and above all the stringency of the remaining carbon budget. Finally, it analyzes the size and direction of investment decisions required to stabilize GHG emissions and their implications for economic development. |
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| Keywords: | Q43 Q48 Q54 Climate change Climate policy Investments Technology |
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