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The economically optimal warming limit of the planet

2019, Ueckerd, Falko, Frieler, Katja, Lange, Stefan, Wenz, Leonie, Luderer, Gunnar, Levermann, Anders

Both climate-change damages and climate-change mitigation will incur economic costs. While the risk of severe damages increases with the level of global warming (Dell et al., 2014; IPCC, 2014b, 2018; Lenton et al., 2008), mitigating costs increase steeply with more stringent warming limits (IPCC, 2014a; Luderer et al., 2013; Rogelj et al., 2015). Here, we show that the global warming limit that minimizes this century's total economic costs of climate change lies between 1.9 and 2°C, if temperature changes continue to impact national economic growth rates as observed in the past and if instantaneous growth effects are neither compensated nor amplified by additional growth effects in the following years. The result is robust across a wide range of normative assumptions on the valuation of future welfare and inequality aversion. We combine estimates of climate-change impacts on economic growth for 186 countries (applying an empirical damage function from Burke et al., 2015) with mitigation costs derived from a state-of-the-art energy-economy-climate model with a wide range of highly resolved mitigation options (Kriegler et al., 2017; Luderer et al., 2013, 2015). Our purely economic assessment, even though it omits non-market damages, provides support for the international Paris Agreement on climate change. The political goal of limiting global warming to "well below 2 degrees" is thus also an economically optimal goal given above assumptions on adaptation and damage persistence. © 2019 Copernicus GmbH. All rights reserved.

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The effect of univariate bias adjustment on multivariate hazard estimates

2019, Zscheischler, Jakob, Fischer, Erich M., Lange, Stefan

Bias adjustment is often a necessity in estimating climate impacts because impact models usually rely on unbiased climate information, a requirement that climate model outputs rarely fulfil. Most currently used statistical bias-adjustment methods adjust each climate variable separately, even though impacts usually depend on multiple potentially dependent variables. Human heat stress, for instance, depends on temperature and relative humidity, two variables that are often strongly correlated. Whether univariate bias-adjustment methods effectively improve estimates of impacts that depend on multiple drivers is largely unknown, and the lack of long-term impact data prevents a direct comparison between model outputs and observations for many climate-related impacts. Here we use two hazard indicators, heat stress and a simple fire risk indicator, as proxies for more sophisticated impact models. We show that univariate bias-adjustment methods such as univariate quantile mapping often cannot effectively reduce biases in multivariate hazard estimates. In some cases, it even increases biases. These cases typically occur (i) when hazards depend equally strongly on more than one climatic driver, (ii) when models exhibit biases in the dependence structure of drivers and (iii) when univariate biases are relatively small. Using a perfect model approach, we further quantify the uncertainty in bias-adjusted hazard indicators due to internal variability and show how imperfect bias adjustment can amplify this uncertainty. Both issues can be addressed successfully with a statistical bias adjustment that corrects the multivariate dependence structure in addition to the marginal distributions of the climate drivers. Our results suggest that currently many modeled climate impacts are associated with uncertainties related to the choice of bias adjustment. We conclude that in cases where impacts depend on multiple dependent climate variables these uncertainties can be reduced using statistical bias-adjustment approaches that correct the variables' multivariate dependence structure. © 2019 Copernicus GmbH. All rights reserved.