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research article

Cost and benefits of climate change in Switzerland

Vöhringer, Frank  
•
Vielle, Marc  
•
Thalmann, Philippe  
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2019
Climate Change Economics

Understanding the economic magnitude of climate change impacts is a prerequisite for developing adequate adaptation strategies. In Switzerland, despite new climate scenarios and impact studies, only few impacts have been monetized. Our objective is to assess costs and opportunities of climate change for Switzerland by 2060, while enhancing the assessment methods. Using inputs from bottom-up impact studies, we simulate the economic consequences of climate scenarios in a CGE framework. We cover health, buildings/infrastructure, energy, water, agriculture, tourism, the spill-overs to other sectors, and international effects. Due to data constraints, significant impacts have not been quantified, e.g. for heat waves and droughts more extreme than the 2060 average climate. For the considered impacts, welfare decreases by 0.37% to 1.37% in 2060 relative to a reference without climate change. Higher summer temperatures increase mortality and decrease productivity. Contrariwise, tourism benefits from extended summer seasons. Regarding energy, increased demand for cooling is overcompensated by savings in heating.

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Type
research article
DOI
10.1142/S2010007819500052
Author(s)
Vöhringer, Frank  
Vielle, Marc  
Thalmann, Philippe  
Frehner, Anita
Knoke, Wolfgang
Stocker, Dario
Thurm, Boris  
Date Issued

2019

Published in
Climate Change Economics
Volume

10

Issue

2

Start page

1

End page

34

Subjects

Climate change impacts

•

Adaptation

•

Switzerland

•

Computable general equilibrium model

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
LEURE  
RelationURL/DOI

IsDerivedFrom

https://infoscience.epfl.ch/record/252804

IsSupplementedBy

https://infoscience.epfl.ch/record/264675?ln=en
Available on Infoscience
January 25, 2018
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/144448
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