Climate impacts in Europe: an integrated economic assessment. Ciscar, J. C., Feyen, L., Soria, A., Lavalle, C., Perry, M., Raes, F., Nemry, F., Demirel, H., Rozsai, M., Dosio, A., Donatelli, M., Srivastava, A., Fumagalli, D., Zucchini, A., Shrestha, S., Ciaian, P., Himics, M., Doorslaer, B. V., Barrios, S., Ib́añez, N., Rojas, R., Bianchi, A., Dowling, P., Camia, A., Libert̀a, G., San-Miguel-Ayanz, J., de Rigo, D., Caudullo, G., Barredo, J. I., Paci, D., Pycroft, J., Saveyn, B., Regemorter, D. V., Revesz, T., Mubareka, S., Baranzelli, C., Gomes, C. R., Lung, T., & Ibarreta, D. In Impacts World 2013 - International Conference on Climate Change Effects, pages 87--96, May, 2013. Potsdam Institute for Climate Impact Research (PIK) e. V..
Climate impacts in Europe: an integrated economic assessment [pdf]Paper  doi  abstract   bibtex   
The JRC PESETA II study integrates the consequences of several separate climate change impacts into a macroeconomic CGE model. This enables comparison of the different impacts based on common metrics (household welfare and economic activity). The study uses a large set of climate model runs (twelve) and impact categories (agriculture, energy demand, river floods, sea-level rise, forest fires, transport infrastructure). The results show that there is a wide dispersion of impacts across EU regions, with strong geographical asymmetries, depending on the specific impact category and climate future. For instance, Northern Central Europe has negative impacts mainly related to sea level rise and river floods while Southern Europe is affected mainly by agriculture. The study also explores the significance of transboundary effects (where climate change causes economic damages outside the region directly affected).

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