Search Results

Now showing 1 - 2 of 2
  • Item
    The economically optimal warming limit of the planet
    (Göttingen : Copernicus Publ., 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.
  • Item
    Freshwater resources under success and failure of the Paris climate agreement
    (Göttingen : Copernicus Publ., 2019) Heinke, Jens; Müller, Christoph; Lannerstad, Mats; Gerten, Dieter; Lucht, Wolfgang
    Population growth will in many regions increase the pressure on water resources and likely increase the number of people affected by water scarcity. In parallel, global warming causes hydrological changes which will affect freshwater supply for human use in many regions. This study estimates the exposure of future population to severe hydrological changes relevant from a freshwater resource perspective at different levels of global mean temperature rise above pre-industrial level (ΔTglob). The analysis is complemented by an assessment of water scarcity that would occur without additional climate change due to population change alone; this is done to identify the population groups that are faced with particularly high adaptation challenges. The results are analysed in the context of success and failure of implementing the Paris Agreement to evaluate how climate mitigation can reduce the future number of people exposed to severe hydrological change. The results show that without climate mitigation efforts, in the year 2100 about 4.9 billion people in the SSP2 population scenario would more likely than not be exposed to severe hydrological change, and about 2.1 billion of them would be faced with particularly high adaptation challenges due to already prevailing water scarcity. Limiting warming to 2 °C by a successful implementation of the Paris Agreement would strongly reduce these numbers to 615 million and 290 million, respectively. At the regional scale, substantial water-related risks remain at 2 °C, with more than 12% of the population exposed to severe hydrological change and high adaptation challenges in Latin America and the Middle East and north Africa region. Constraining δTglob to 1.5 °C would limit this share to about 5% in these regions. ©2019 Author(s).