Global Climate Protection: Immediate Action Will Avert High Costs

Research output: Journal contributionsJournal articlesResearch

Authors

The anthropogenic climate change will persist if the global volume of greenhousegas emissions will not be reduced significantly. A dangerous and irreversibleclimate change will occur if atmospheric concentrations of greenhousegases in the year 2100 exceed 450 ppm and global surface temperatureis 2 C higher than its preindustrial level. The consequence of exceedingthese limits would be both more frequent and more violent extreme climateevents. In order to avoid this, it is necessary to stabilize global greenhousegas concentrations at nearly today's level.Significant emission reduction would require the countries that are primarilyresponsible immediately implementing emissions-reducing measures.If climate policy measures are not introduced, global climate changedamages amounting to up to 20 trillion US dollars can be expected in theyear 2100.1 If such measures are not implemented now, but only in 20 or30 years' time, it will not be possible to prevent the rise in global surfacetemperature exceeding the 2 C limit. Moreover, the costs of a climate protectionpolicy launched today are likely to be lower than a policy initiatedonly in 20 years' time, which would then be based on drastic measures. Thesooner a policy of climate protection is implemented, the fewer climatechange damages humankind will face in future decades. The costs of anactive climate protection policy implemented today would reach globallyaround 430 billion US dollars in 2050 and around 3 trillion US dollars in2100. A climate protection policy that entered into force only in 2025 wouldimply additional costs of up to 50 billion US dollars in 2050 and 340 billionUS dollars in 2100. Global climate damages of up to 12 trillion US dollarscan be avoided in 2100 if active climate protection policy is implemented asrapidly as possible.In Germany, a climate protection policy that immediately implementseffective measures would cost 5.7 billion US dollars in 2050 and 40 billionUS dollars in 2100. At the same time, however, climate change damagesamounting to 33 billion US dollars in 2050 and 160 billion US dollars in 2100would be avoided.
Original languageEnglish
JournalDIW Weekly Report
Volume1
Issue number12
Pages (from-to)135-141
Number of pages7
ISSN1860-3343
Publication statusPublished - 28.04.2005
Externally publishedYes

Links

Recently viewed

Publications

  1. Leverage points for sustainability transformation
  2. Arts, Culture and Urban Development in Hamburg
  3. The evolution of primate short-term memory
  4. Potent executives
  5. Efficacy and cost-effectiveness of minimal guided and unguided internet-based mobile supported stress-management in employees with occupational stress
  6. Local and landscape level variables influence butterfly diversity in critically endangered South African renosterveld
  7. Impacts of entrepreneur’s error orientation on performance: A cross-culture comparison
  8. Die Zukunftsbäckerei
  9. Corporate hedging for different production cycles with the wavelet-approach
  10. Editorial message
  11. Von Ausschluss zu Ausschluss
  12. Ways out of the marshland
  13. Testing Cort-Fitness and Cort-Adaptation hypotheses in a habitat suitability gradient for roe deer
  14. Mischverhältnisse
  15. Games, Fights, Collaborations
  16. Multiplexed supply of a MISO wireless power transfer system for battery-free wireless sensors
  17. Critique of Environmentality
  18. Microstructural development in tension and compression creep of magnesium alloy AE42
  19. The roughness of neural networks. Jimi hendrix, holly herndon, GPT-3, timbre transfer and the promising failure aesthetics of musical AIs
  20. Blended learning
  21. Wirksamkeit von Schulleitung im Hinblick auf das Lernen
  22. Une transformation du champ universitaire
  23. Bemächtigung, Entnaturalisierung oder Renaturierung?
  24. Recent developments in microalgal conversion of organic-enriched waste streams
  25. Global Justice Movement and Resistance
  26. SOME IMPEDIMENTS WITH DISTINCT MENTALITY IN SOZIALPADAGOGIK AND CHILD AND ADOLESCENT-PSYCHIATRY
  27. Selbstwerden
  28. Decoding the Landscape of Smart City Platforms
  29. An optimized wearable coil for Wireless Power Transfer Applications
  30. A Elbphilharmonie em discussão: vozes críticas desde Hamburgo. Um breve insight sobre o atual debate local