Hybrid Model Construction for Integrating Climate Risks into Côte d'Ivoire's Economic Policy: Theoretical Approach and Management Strategies
Donatien Dayoro
MPRA Paper from University Library of Munich, Germany
Abstract:
This study develops a hybrid model to integrate climate risks into Côte d'Ivoire’s economic policy, drawing on the work of economists like Keynes, Ostrom, Stiglitz, Sen, and Nordhaus. The model combines decentralized governance, climate risk externalities, and capacity building to address the country's vulnerability to extreme weather events. It advocates for collaboration at all levels of governance, integrates climate risks into economic decisions, and focuses on reducing social vulnerabilities. By incorporating climate-economic models like DICE, it offers a framework to safeguard economic stability and promote sustainable growth in the face of climate change.
Keywords: Hybrid Model; Climate Risks; Economic Policy; Côte d'Ivoire; Theoretical Approach; Risk Management; Sustainable Development; Governance; Climate Change Impact; Budgetary Stability; Macroeconomic Analysis; Vulnerability Reduction; Climate-Economy Integration; Adaptive Strategies; Economic Forecasting. (search for similar items in EconPapers)
JEL-codes: B41 C32 C33 C4 C44 C61 C63 O4 Q5 Q51 Q54 Q58 (search for similar items in EconPapers)
Date: 2024-11-29, Revised 2024-12-05
New Economics Papers: this item is included in nep-env and nep-inv
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122877
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