Opening Remarks - Simon Upton
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Transcript of Opening Remarks - Simon Upton
The economic consequences of climate change
OECD Environment Directorate
2
The economic consequences of climate change
http://www.oecd.org/environment/the-economic-consequences-of-climate-change-9789264235410-en.htm
3
Regional cost of selected climate impacts
Source: ENV-Linkages calculations
Uncertainty ranges in 2060 dueto uncertainty in ECS
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2020 2030 2040 2050 2060
-South & South East Asia
OECD Pacific
Rest of Europe & Asia
OECD Europe
Latin America
OECD America
World
-Sub Saharan Africa
Middle East & North Africa
4
Global importance of different impacts
Source: ENV-Linkages calculations
Global GDP loss:0.3-1.0% 1.0-3.3%
Agriculture
Coastal Zones
Energy Demand
Extreme Precipitation
Events
Health
Tourism Demand
Global damages 2060
Agriculture
Coastal Zones
Energy Demand
Extreme Precipitation
Events
Health
Tourism Demand
Global damages 2035
5
Damages with policy controls
Source: Preliminary AD-DICE calculations
-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100
Likely uncertainty range - no policies
Likely uncertainty range - optimal policies
Central projection - no policies
Central projection - optimal policies-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100
Likely uncertainty range - no policies
Likely uncertainty range - optimal policies
Central projection - no policies
Central projection - optimal policies
THANK YOU!
For more information: www.oecd.org/environment/CIRCLE.htm
www.oecd.org/environment/modelling