Calculating the Impact of Climate Change on Economic Growth
Vivid Economics’ assessment of the evidence base on the economic impacts of climate change helps development professionals understand and plan for future climate change in their policies and programmes.
Developed for Oxford Policy Management to strengthen the economic inputs to their Climate Proofing Growth and Development programme in South Asia, the analysis provides readers with the a concise and clear assessment of the latest evidence on the economic costs associated with climate change. The report reviews the state of the art evidence on how climate change is likely to impact the global economy and national growth in key South Asian countries, with expert guidance from Dr Simon Dietz and Professor Sam Fankhauser, Co-Directors of the Grantham Research Institute on Climate Change and the Environment.
The analysis also provides an economic framework for considering how climate change will impact growth, including analysis of emerging evidence on the scale of damages likely to be caused by damage to the fundamental drivers of growth, as well as better-understood shocks to levels of income, for example through extreme events, flooding and droughts.
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