Published April 19, 2021 | Version v1

Updated Input-Output tables of islands-case studies (projected to 2015)

  • 1. E3 Modelling
  • 2. GWS

Description

In order to assess the macroeconomic effects of climate change impacts on the Soclimpact islands-case studies, both models, GINFORS and GEM-E3 were runned. They are essentially based on applications of IO accounting frameworks. The need to apply subnational analysis comes as consequence of spatial heterogeneity. While the aggregate effects alert policy makers for the sign and the magnitude of the impacts country-wide, these effects are not evenly distributed between regions. There may be outliers in both tails (positive and negative) but policy makers should aim at alleviating extreme negative effects on regional economies.            

IO data are on a regional level most of the times available, but often not very recent, scattered, and full of gaps. Therefore, the development of a consistent up to date data set was carried out in Soclimpact -task and deliverable 6.1(Updated Database of Islands: Methodological framework).                                                                                                                                                        

IO data sets are projected to the year 2015, while macroeconomic estimates of climate impacts was carried out until 2100.                 More info => https://zenodo.org/record/4073090#.YH1Vv-hKiUk

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Additional details

Funding

European Commission
SOCLIMPACT - DownScaling CLImate imPACTs and decarbonisation pathways in EU islands, and enhancing socioeconomic and non-market evaluation of Climate Change for Europe, for 2050 and beyond. 776661