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Climate change: scenarios, impacts, policy, and development opportunities
Author(s) -
Carraro Carlo
Publication year - 2016
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/agec.12306
Subject(s) - greenhouse gas , climate change , investment (military) , natural resource economics , agriculture , climate policy , economics , climate change mitigation , environmental economics , political science , geography , ecology , archaeology , politics , law , biology
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.