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Opening Remarks - Simon Upton

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Opening Remarks by Simon Upton

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Opening Remarks - Simon Upton

  1. 1. The economic consequences of climate change OECD Environment Directorate
  2. 2. 2 The economic consequences of climate change http://www.oecd.org/environment/the- economic-consequences-of-climate- change-9789264235410-en.htm
  3. 3. 3 Regional cost of selected climate impacts Source: ENV-Linkages calculations Uncertainty ranges in 2060 dueto uncertainty in ECS -7% -6% -5% -4% -3% -2% -1% 0% 2010 2020 2030 2040 2050 2060 -South & South East Asia OECD Pacific Rest of Europe & Asia OECD Europe Latin America OECD America World -Sub Saharan Africa Middle East & North Africa
  4. 4. 4 Global importance of different impacts Source: ENV-Linkages calculations Global GDP loss: 0.3-1.0% 1.0-3.3% Agriculture Coastal Zones Energy Demand Extreme Precipitation Events Health Tourism Demand Global damages 2060 Agriculture Coastal Zones Energy Demand Extreme Precipitation Events Health Tourism Demand Global damages 2035
  5. 5. 5 Damages with policy controls Source: Preliminary AD-DICE calculations -10% -9% -8% -7% -6% -5% -4% -3% -2% -1% 0% 2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100 Likely uncertainty range - no policies Likely uncertainty range - optimal policies Central projection - no policies Central projection - optimal policies -10% -9% -8% -7% -6% -5% -4% -3% -2% -1% 0% 2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100 Likely uncertainty range - no policies Likely uncertainty range - optimal policies Central projection - no policies Central projection - optimal policies
  6. 6. THANK YOU! For more information: www.oecd.org/environment/CIRCLE.htm www.oecd.org/environment/modelling rob.dellink@oecd.org

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