Climate damage and climate negotiations
David Anthoff (),
Janina Ketterer and
Jana Lippelt ()
ifo Schnelldienst, 2009, vol. 62, issue 22, 52-54
At the world climate summit at the beginning of December, an important round of negotiations in the battle against climate change will begin. However, the chances of achieving a new climate accord and thus a successful outcome in Copenhagen have fallen dramatically in recent months. There are many barriers to a new agreement, including the unequal distribution of past and future CO2 emissions in industry and newly industrialised countries and the unequal distribution of the predicted damages from climate change. Poor countries will suffer particularly high damages from the warming of the world's climate. But also growth areas such as China and India will lose a considerable part of their gross domestic product through climate change damages in the year 2100.
JEL-codes: Q20 (search for similar items in EconPapers)
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