How Might Climate Change Affect Economic Growth In Developing Countries

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how might climate change affect economic growth in developing countries?

Author : Franck Lecocq,Zmarak Shalizi
Publisher : World Bank Publications
Page : 54 pages
File Size : 40,9 Mb
Release : 2007
Category : Climatic changes
ISBN : 8210379456XXX

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how might climate change affect economic growth in developing countries? by Franck Lecocq,Zmarak Shalizi Pdf

Abstract: This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in developing countries. The authors consider successively the Cass-Koopmans growth model and three major strands of the subsequent literature on growth: with multiple sectors, with rigidities, and with increasing returns. The paper finds that although the growth literature rarely addresses climate change per se, some issues discussed in the growth literature are directly relevant for climate change analysis. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, or lock-ins. Among the most important gaps identified in the literature are lack of understanding of the channels by which shocks affect economic growth, lack of understanding of lock-ins, heavy reliance of numerical models assessing climate policies on neoclassical-type growth frameworks, and frequent use of an inappropriate "without climate change" counterfactual.

How Might Climate Change Affect Economic Growth in Developing Countries? A Review of the Growth Literature with a Climate Lens

Author : Franck Lecocq,Zmarak Shalizi
Publisher : Unknown
Page : 128 pages
File Size : 41,6 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931670225

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How Might Climate Change Affect Economic Growth in Developing Countries? A Review of the Growth Literature with a Climate Lens by Franck Lecocq,Zmarak Shalizi Pdf

This paper reviews the empirical and theoretical literature on economic growth to examine how the four components of the climate change bill, namely mitigation, proactive (ex ante) adaptation, reactive (ex post) adaptation, and ultimate damages of climate change affect growth, especially in developing countries. The authors consider successively the Cass-Koopmans growth model and three major strands of the subsequent literature on growth: with multiple sectors, with rigidities, and with increasing returns. The paper finds that although the growth literature rarely addresses climate change per se, some issues discussed in the growth literature are directly relevant for climate change analysis. Notably, destruction of production factors, or decrease in factor productivity may strongly affect long-run equilibrium growth even in one-sector neoclassical growth models; climatic shocks have had large impacts on growth in developing countries because of rigidities; and the introducing increasing returns has a major impact on growth dynamics, in particular through induced technical change, poverty traps, or lock-ins. Among the most important gaps identified in the literature are lack of understanding of the channels by which shocks affect economic growth, lack of understanding of lock-ins, heavy reliance of numerical models assessing climate policies on neoclassical-type growth frameworks, and frequent use of an inappropriate "without climate change" counterfactual.

The Economic Consequences of Climate Change

Author : OECD
Publisher : OECD Publishing
Page : 140 pages
File Size : 49,6 Mb
Release : 2015-11-03
Category : Electronic
ISBN : 9789264235410

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The Economic Consequences of Climate Change by OECD Pdf

This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond.

Climate And Development

Author : Anil Markandya,Dirk Rübbelke
Publisher : World Scientific
Page : 535 pages
File Size : 49,7 Mb
Release : 2021-11-29
Category : Business & Economics
ISBN : 9789811240560

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Climate And Development by Anil Markandya,Dirk Rübbelke Pdf

The 2015 Paris Accord stated the aim to limit the increase in global mean temperatures to 2ºC compared to pre-industrial levels and if possible, keep it down to 1.5ºC. Achieving this is possible, but the costs incurred are uncertain and the distribution of costs among nations is indistinct. Furthermore, even if the goal is realised, significant impacts from climate change can be expected. Evidence indicates that these will be felt most severely in countries that are relatively poor. These effects of climate change will be added to by the measures taken to reduce GHGs. Together, they will determine how climate change affects the prospects for development across the globe. The analysis of the interplay between climate change and policies to combat it on the one hand and development on the other are the focus of this book.

The Economics of Climate-Resilient Development

Author : Sam Fankhauser,Thomas K.J. McDermott
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 44,9 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781785360312

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The Economics of Climate-Resilient Development by Sam Fankhauser,Thomas K.J. McDermott Pdf

Some climate change is now inevitable and strategies to adapt to these changes are quickly developing. The question is particularly paramount for low-income countries, which are likely to be most affected. This timely and unique book takes an integrated look at the twin challenges of climate change and development. The book treats adaptation to climate change as an issue of climate-resilient development, rather than as a bespoke set of activities (flood defences, drought plans, and so on), combining climate and development challenges into a single strategy. It asks how the standard approaches to development need to change, and what socio-economic trends and urbanisation mean for the vulnerability of developing countries to climate risks. Combining conceptual thinking with practical policy prescriptions and experience the contributors argue that, to address these questions, climate risk has to be embedded fully into wider development strategies

Climate Change and Developing Countries

Author : Nijavalli H. Ravindranath,Jayant A. Sathaye
Publisher : Springer Science & Business Media
Page : 98 pages
File Size : 44,7 Mb
Release : 2002-07-31
Category : Science
ISBN : 1402001045

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Climate Change and Developing Countries by Nijavalli H. Ravindranath,Jayant A. Sathaye Pdf

Among global environmental issues, climate change has received the largest attention of national and global policy makers, researchers, industry, multilateral banks and NGOs. Climate change is one of the most important global environmental problems with unique characteristics. It is global, long-term (up to several centuries) and involves complex interactions between climatic, environmental, economic, political, institutional and technological pressures. It is of great significance to developing countries as all the available knowledge suggests that they, and particularly their poorer inhabitants, are highly vulnerable to climate impacts. The projected warming of 1. 4 to 5. 8° C by 2100 and the related changes in rainfall pattern, rise in sea-level and increased frequency of extreme events (such as drought, hurricanes and storms) are likely to threaten food security, increase fresh water scarcity, lead to decline in biodiversity, increase occurrence of vector-borne diseases, cause flooding of coastal settlements, etc. Recognizing the potential threat of severe disruptions, the United Nations Conference on Environment and Development was organized in 1992 in Rio de Janeiro, Brazil to begin to address ways to reduce these impacts, which led to the formulation of the UN Framework Convention on Climate Change. This Convention and the subsequent Kyoto Protocol recognize “the common but differentiated responsibility” of developing and industrialized countries in addressing climate change. Developing countries thus have a unique role to play in formulating a sound, reasoned, and well informed response to the threat of climate change.

Climate Change and Global Development

Author : Tiago Sequeira,Liliana Reis
Publisher : Springer
Page : 303 pages
File Size : 44,6 Mb
Release : 2019-05-08
Category : Business & Economics
ISBN : 9783030026622

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Climate Change and Global Development by Tiago Sequeira,Liliana Reis Pdf

This book presents new research related to climate change policies and effects. It discusses the implications of climate change on issues pertaining to international relations and economic development, and the question of how climate change could jeopardize the international system as we have known it until today. It aims to provide an empirical basis and epistemological framework to discuss the effects of climate change on economic growth, social development and welfare as a global phenomenon influenced by policies carried out transnationally and by national governments. Case studies from around the globe are presented.

Shock Waves

Author : Stephane Hallegatte,Mook Bangalore,Laura Bonzanigo,Marianne Fay,Tamaro Kane,Ulf Narloch,Julie Rozenberg,David Treguer,Adrien Vogt-Schilb
Publisher : World Bank Publications
Page : 224 pages
File Size : 47,7 Mb
Release : 2015-11-23
Category : Business & Economics
ISBN : 9781464806742

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Shock Waves by Stephane Hallegatte,Mook Bangalore,Laura Bonzanigo,Marianne Fay,Tamaro Kane,Ulf Narloch,Julie Rozenberg,David Treguer,Adrien Vogt-Schilb Pdf

Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Climate Change and Economic Development

Author : Jamie Sanderson,Sardar M.N. Islam
Publisher : Palgrave MacMillan
Page : 224 pages
File Size : 47,7 Mb
Release : 2007-09-12
Category : Business & Economics
ISBN : STANFORD:36105124098026

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Climate Change and Economic Development by Jamie Sanderson,Sardar M.N. Islam Pdf

The impacts of climate change on economic development have the potential to be unevenly distributed around the globe. This book focuses on South East Asia with respect to the economics of climate change and the relationship between climate change and economic development. The book examines the region's vulnerability to the impacts of climate change, forecasts the environmental and economic outcomes for the region arising from its vulnerability and also the opportunities these factors provide for policy actions towards alleviating climate change vulnerability, particularly through adaptation.

Global Warming and Economic Development

Author : A.K. Duraiappah
Publisher : Springer Science & Business Media
Page : 235 pages
File Size : 49,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401117579

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Global Warming and Economic Development by A.K. Duraiappah Pdf

The computer revolution both in the hardware as well as in software has made it possible for economists to analyze complex issues which could not be solved in the past by analytical methods. A large library of numerical techniques are now available to economists for solving models ranging from a simple system of linear simultaneous equations to large non-linear dynamic optimization models. We attempt to take advantage of these advancements in computational economics to address the issue of global warming and economic development. The use of computer simulation models has enhanced the understanding of some of the underlying issues in the global warming literature which would have been impossible without these models. However, to date, the global warming issue has been addressed in a partial equilibrium framework. In other words, the climate scientists tend to specify economic variables as exogenous variables in their global warming models while the economists do the same by specifying the climate variables as exogenous variables in their global warming models. Both approaches ignore important feedback relationships which will be triggered when either economic or climate variables are perturbed. The ideal model structure would be one in which both systems are incorporated within one framework with emphasis on the long run effects of greenhouse gas curbing policies and the corresponding effect on the economic growth potential of the economies.

The Trade and Climate Change Nexus

Author : Paul Brenton,Vicky Chemutai
Publisher : World Bank Publications
Page : 179 pages
File Size : 53,5 Mb
Release : 2021-10-22
Category : Political Science
ISBN : 9781464817731

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The Trade and Climate Change Nexus by Paul Brenton,Vicky Chemutai Pdf

While trade exacerbates climate change, it is also a central part of the solution because it has the potential to enhance mitigation and adaptation. This timely report explores the different ways in which trade and climate change intersect. Trade contributes to the emissions that cause global warming and is itself also affected by climate change through changing comparative advantages. The report also confronts several myths concerning trade and climate change. The Trade and Climate Change Nexus: The Urgency and Opportunities for Developing Countries focuses on the impacts of, and adjustments to, climate change in developing countries and on how future trade opportunities will be affected by both the changing climate and the policy responses to address it. The report discusses how trade can provide the goods and services that drive mitigation and adaptation. It also addresses how climate change creates immense challenges for developing countries, but also new opportunities to promote trade diversification in the transition to a low-carbon world. Suitable trade and environmental policies can offer effective economic incentives to attain both sustainable growth and poverty reduction.

Building a Climate Resilient Economy and Society

Author : K.N. Ninan,Makoto Inoue
Publisher : Edward Elgar Publishing
Page : 336 pages
File Size : 40,7 Mb
Release : 2017-06-30
Category : Electronic
ISBN : 9781785368455

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Building a Climate Resilient Economy and Society by K.N. Ninan,Makoto Inoue Pdf

Climate change will have a profound impact on human and natural systems, and will also impede economic growth and sustainable development. In this book, leading experts from around the world discuss the challenges and opportunities in building a climate resilient economy and society. The chapters are organised in three sections. The first part explores vulnerability, adaptation and resilience, whilst Part II examines climate resilience-sectoral perspectives covering different sectors such as agriculture, fisheries, marine ecosystems, cities and urban infrastructure, drought prone areas, and renewable energy. In the final part, the authors look at Incentives, institutions and policy, including topics such as carbon pricing, REDD plus, climate finance, the role of institutions and communities, and climate policies. Combining a global focus with detailed case studies of a cross section of regions, countries and sectors, this book will prove to be an invaluable resource.

Climate Change and Developing Countries

Author : Banshaikupar Lyngdoh Mawlong
Publisher : Cambridge Scholars Publishing
Page : 335 pages
File Size : 41,6 Mb
Release : 2018-10-09
Category : Law
ISBN : 9781527518278

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Climate Change and Developing Countries by Banshaikupar Lyngdoh Mawlong Pdf

Climate change knows no boundaries and its cost must be borne by all earthlings. While the technologically advanced and developed countries are better prepared for responding to climate change, it is the developing countries that are the most vulnerable to climate change impacts because they have fewer resources to adapt politically, socially, technologically and financially. Climate change is, thus, a matter of moral and cultural ethics. Climate change adaptation methods need to accommodate traditional environmental knowledge and practices of different indigenous cultures. This book explores the ability to concerted global action and mechanisms to enable developing countries to adapt to the effects of climate change that are happening now and which will worsen in the future.

Climate Change and Sustainable Development

Author : Dalia Štreimikienė,Asta Mikalauskiene
Publisher : CRC Press
Page : 239 pages
File Size : 46,6 Mb
Release : 2021-05-06
Category : Law
ISBN : 9781000382310

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Climate Change and Sustainable Development by Dalia Štreimikienė,Asta Mikalauskiene Pdf

The first book to address main scientific aspects of climate change mitigation and sustainable development and how to deal with these main challenges in a harmonized way Provides practical examples of policies and business development opportunities linked with climate change mitigation and adaptation Analyses climate change challenges and provides implications for business development and good practice case studies from Europe Discusses issues of climate change at different scales ranging from macro to micro level Highlights the importance of climate change adaptation for developing countries, migration trends, city developments and agriculture