Climate change impacts in Europe. Final report of the PESETA research project

Juan-Carlos Ciscar, Antonio Soria (), Clare M. Goodess Author-Workplace-Name: University of East Anglia, Ole B. Christensen, Ana Iglesias, Luis Garrote, Marta Moneo, Sonia Quiroga, Luc Feyen (), Rutger Dankers, Robert Nicholls, Julie Richards, Francesco Bosello, Roberto Roson, Bas Amelung, Alvaro Moreno, Paul Watkiss, Alistair Hunt, Stephen Pye, Lisa Horrocks, László Szabó and Denise van Regemorter
Additional contact information
Antonio Soria: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Ole B. Christensen: Danish Meteorological Institute
Ana Iglesias: Department of Agricultural Economics and Social Sciences, Polytechnic University of Madrid
Luis Garrote: Department of Civil Engineering, Polytechnic University of Madrid
Marta Moneo: Potsdam Institute for Climate Impact Research, PIK
Luc Feyen: IES-JRC
Rutger Dankers: Met Office Hadley Centre
Robert Nicholls: School of Civil Engineering & the Environment, University of Southampton
Julie Richards: ABP Marine Environmental Research Ltd
Bas Amelung: ICIS, Maastricht University
Alvaro Moreno: ICIS, Maastricht University
Paul Watkiss: PWA
Alistair Hunt: Metroeconomica
Stephen Pye: AEA Technology
Lisa Horrocks: AEA Technology

No JRC55391, JRC Research Reports from Joint Research Centre

Abstract: The PESETA research project integrates a set of high-resolution climate change projections and physical models into an economic modelling framework to quantify the impacts of climate change on vulnerable aspects of Europe. Four market impact categories are considered (agriculture, river floods, coastal systems, and tourism) and one non-market category (human health). Considering the market impacts, without public adaptation and if the climate of the 2080s occurred today, the EU annual welfare loss would be in the range of 0.2% to 1%, depending on the climate scenario. However, there is large variation across different climate futures, EU regions and impact categories. Scenarios with warmer temperatures and higher sea level rise result in more severe economic damage for the EU. Southern Europe, the British Isles and Central Europe North appear to be the most sensitive regions to climate change. Northern Europe is the only region with net economic benefits, mainly driven by the positive effects in agriculture. Concerning the contribution to the overall effects, coastal systems, agriculture and river flooding are the most important ones.

Keywords: Climate change; PESETA; impacts (search for similar items in EconPapers)
JEL-codes: Q40 Q54 (search for similar items in EconPapers)
Pages: 116 pages
Date: 2009-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc55391

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