Journal Articles

Economic costs of extratropical storms under climate change: an application of FUND

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Extratropical cyclones have attracted some attention in climate policy circles as a possible significant damage factor of climate change. This study conducts an assessment of economic impacts of increased storm activities under climate change with the integrated assessment model FUND 3.5. In the base case, the direct economic damage of enhanced storms due to climate change amounts to US$2.8 billion globally (approximately 38% of the total economic loss of storms at present) at the year 2100, while its ratio to the world GDP is 0.0009%. The paper also shows various sensitivity runs exhibiting up to 3 times the level of damage relative to the base run.

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Detail Information

Series Title

Journal of Environmental Planning and Management

Call Number

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Publisher

United Kingdom : Routledge Taylor & Francis Group., 2010

Collation

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Language

English

ISBN/ISSN

09640568

Classification

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Content Type

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Media Type

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Carrier Type

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Edition

Volume 53, Issue 3 April 2010 , pages 371 - 384

Subject(s)

Climate Change
Extra tropical storms
Economic impact

Specific Detail Info

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Statement of Responsibility

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