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Content archived on 2024-05-27

DYNamic feedbacks of climate impacts on current Adaptation and Mitigation Investment Choice

Objective

This projects proposes a novel framework to modeling the economic consequences of climate change impacts and the induced policy responses, in terms of both mitigation and adaptation strategies at regional scale.
To accomplish this task, state-of-the-art IAMs will be modified to include (1) The causal chain between sectoral and regional economic activity and emissions; (2) The climate change feedbacks induced by temperature increase on the different economic sectors and regions; (3) The optimal policy response in terms of mitigation; (4) The optimal policy response in terms of regional and sectoral adaptation.
This is a challenging task because of the different nature of adaptation and mitigation and the need of combining optimization with a regional/sectoral detail in a general equilibrium framework, but feasible. Integrating adaptation strategies in an optimization framework will allow to quantify adaptation needs under different mitigation and climate change damage scenarios and to study cross-sectoral spillovers and interactions between the two policy responses, with a sectoral resolution. The project proposed is intrinsically interdisciplinary, requiring a clear understanding of the scientific basis for estimating climate impacts and the skill to combine rigorous empirical analysis with judgment and assumptions in order to cope with incomplete or incommensurate data. The work will be articulated in three main activities: (1) Model development and coding; (2) Data gathering; and (3) Numerical exercises.
The expected impact of this research is high because it will develop a roadmap that will serve the future research on induced regional adaptation in a macroeconomic framework.

Fields of science (EuroSciVoc)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-2011-IOF
See other projects for this call

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-IOF - International Outgoing Fellowships (IOF)

Coordinator

FONDAZIONE ENI ENRICO MATTEI
EU contribution
€ 186 389,10
Address
CORSO MAGENTA 63 COMPLESSO IMMOBILIARE LE STELLINE
20123 Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Research Organisations
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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