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Economic Evaluation of Climate Change Impacts and Adaptation in Italy

Author

Listed:
  • Alessandra Goria

    (Fondazione Eni Enrico Mattei)

  • Gretel Gambarelli

    (Fondazione Eni Enrico Mattei)

Abstract

The paper deals with the social and economic dimensions of climate change impacts and adaptation in Italy. The ultimate aim of the paper is to provide policy makers and experts with a conceptual framework, as well as methodological and operational tools for dealing with climate change impacts and adaptation from an economic perspective. In order to do so, first a conceptual and theoretical framework of the economic assessment of climate change impacts is presented and the state of the art about impact assessment studies is briefly analysed. Then, the Italian case is taken into account, by underlying the main impacts and adaptation challenges that are likely to be implied by climate change in the next decades. The analysis of the Italian case is particularly addressed through the description of the methodology and results of two case studies. The first one, dealing mainly with impact assessment, is carried out at the national level and is part of a EC funded project on Weather Impacts on Natural, Social and Economic Systems (WISE). The second one is carried out at the local level and focuses on sea level rise impacts and adaptation in a plane south of Rome. The two case studies allow to propose simple and flexible methodologies for the economic impact assessment and the economic valuation of adaptation strategies.

Suggested Citation

  • Alessandra Goria & Gretel Gambarelli, 2004. "Economic Evaluation of Climate Change Impacts and Adaptation in Italy," Working Papers 2004.103, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2004.103
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    Citations

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    Cited by:

    1. Andrea Bigano & Francesco Bosello & Roberto Roson & Richard Tol, 2008. "Economy-wide impacts of climate change: a joint analysis for sea level rise and tourism," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(8), pages 765-791, October.
    2. Carraro, Carlo & Sgobbi, Alessandra, 2008. "Climate Change Impacts and Adaptation Strategies In Italy. An Economic Assessment," Climate Change Modelling and Policy Working Papers 6373, Fondazione Eni Enrico Mattei (FEEM).
    3. Francesco Bosello & Robert Nicholls & Julie Richards & Roberto Roson & Richard Tol, 2012. "Economic impacts of climate change in Europe: sea-level rise," Climatic Change, Springer, vol. 112(1), pages 63-81, May.
    4. World Bank, 2014. "Romania - A Risk Analysis and Screening Approach for Climate Change Mitigation and Adaptation Options," World Bank Publications - Reports 21811, The World Bank Group.
    5. Edgardo Sica, 2005. "Climatic differences and Economic Growth across Italian Provinces: First Empirical Evidence," Quaderni DSEMS 20-2005, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    6. Paulo A.L.D. Nunes & Margaretha Breil & Gretel Gambarelli, 2005. "Economic Valuation of On Site Material Damages of High Water on Economic Activities based in the City of Venice: Results from a Dose-Response-Expert-Based Valuation Approach," Working Papers 2005.53, Fondazione Eni Enrico Mattei.
    7. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Fundamental questions on the economics of climate adaptation: Outlines of a new research programme," UFZ Reports 05/2012, Helmholtz Centre for Environmental Research (UFZ).
    8. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Ökonomische Grundfragen der Klimaanpassung: Umrisse eines neuen Forschungsprogramms," UFZ Reports 02/2012, Helmholtz Centre for Environmental Research (UFZ).
    9. Ott, Hermann E. & Richter, Caspar, 2008. "Anpassung an den Klimawandel: Risiken und Chancen für deutsche Unternehmen," Wuppertal Papers 171, Wuppertal Institute for Climate, Environment and Energy.

    More about this item

    Keywords

    Climate change; Economic impact assessment; Adaptation; Cost benefit analysis;
    All these keywords.

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods

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