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Climate change will increase local government fiscal stress in the United States

Author

Listed:
  • Elisabeth A. Gilmore

    (Carleton University
    Rutgers University)

  • Carolyn Kousky

    (University of Pennsylvania)

  • Travis St.Clair

    (New York University)

Abstract

Climate hazards can compound existing stresses on the revenues and expenditures of local governments, revealing potential risks to fiscal stability. Incorporating these risks into local budgeting and strategic planning would encourage a more complete accounting of the benefits of climate adaptation and risk reduction efforts.

Suggested Citation

  • Elisabeth A. Gilmore & Carolyn Kousky & Travis St.Clair, 2022. "Climate change will increase local government fiscal stress in the United States," Nature Climate Change, Nature, vol. 12(3), pages 216-218, March.
  • Handle: RePEc:nat:natcli:v:12:y:2022:i:3:d:10.1038_s41558-022-01311-x
    DOI: 10.1038/s41558-022-01311-x
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    Cited by:

    1. Qi, Yu & Zhang, Hongxuan & Shao, Shuai, 2024. "Valuing high temperature's fiscal costs: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 134-152.

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