New findings on non-market effects, risks, and equity of climate policies
The fourth set of results bundle the themes on non-market effects, risks, and equity of climate policies.
Ecosystems, which are threatened by climate change, are critical for human well-being as well as for economic development across the globe. Hence, the research work included estimates of non-market impacts of climate change on ecosystems.
For example, one result deals with the valuation of non-market services provided by forest ecosystems. Another one is on the effect of wildlife resources on community welfare.
Besides, there are increasing risks that are attributable to the ancillary effects of climate change. Examples of research results about the quantification, in monetary terms, of the damages caused by energy generation.
Finally, some results deal with the distribution of wealth and economic inequalities brought about by energy policies.