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Modeling the economywide effects of water and energy interventions in the face of climate change

Modeling the economywide effects of water and energy interventions in the face of climate change PDF Author: Aragie, Emerta
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 41

Book Description
The Ethiopian economy relies predominantly on rainfed agriculture for income generation, export earnings, and rural livelihoods. However, the frequency and intensity of extreme ago-climatic events projected by climate scenarios suggest considerable and growing risks from climate change to the country’s agri-food systems and the overall economy. This study assesses the economic impacts of recurrent climate shocks on the Ethiopian economy to 2040. The results indicate that recurrent climate shocks will lead to a reduction in Ethiopia's cumulative GDP from 2020 to 2040 compared to a “no climate change” baseline. Specifically, extreme weather events could cumulatively cost Ethiopia up to 17 percent (or US$ 534.3 billion) in GDP between 2020 and 2040 compared to a no-climate change baseline. The weight of the economic loss is concentrated in the agricultural production sector, with rural households and poorer households in urban areas being worst affected. Strategic investments in irrigation infrastructure and in hydroelectricity generation are found to be effective in mitigating some of the damage caused by recurrent climate variability.

Modeling the economywide effects of water and energy interventions in the face of climate change

Modeling the economywide effects of water and energy interventions in the face of climate change PDF Author: Aragie, Emerta
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 41

Book Description
The Ethiopian economy relies predominantly on rainfed agriculture for income generation, export earnings, and rural livelihoods. However, the frequency and intensity of extreme ago-climatic events projected by climate scenarios suggest considerable and growing risks from climate change to the country’s agri-food systems and the overall economy. This study assesses the economic impacts of recurrent climate shocks on the Ethiopian economy to 2040. The results indicate that recurrent climate shocks will lead to a reduction in Ethiopia's cumulative GDP from 2020 to 2040 compared to a “no climate change” baseline. Specifically, extreme weather events could cumulatively cost Ethiopia up to 17 percent (or US$ 534.3 billion) in GDP between 2020 and 2040 compared to a no-climate change baseline. The weight of the economic loss is concentrated in the agricultural production sector, with rural households and poorer households in urban areas being worst affected. Strategic investments in irrigation infrastructure and in hydroelectricity generation are found to be effective in mitigating some of the damage caused by recurrent climate variability.

Modeling the economywide effects of water and energy interventions in the face of climate change

Modeling the economywide effects of water and energy interventions in the face of climate change PDF Author: Aragie, Emerta
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 41

Book Description
The Ethiopian economy relies predominantly on rainfed agriculture for income generation, export earnings, and rural livelihoods. However, the frequency and intensity of extreme ago-climatic events projected by climate scenarios suggest considerable and growing risks from climate change to the country’s agri-food systems and the overall economy. This study assesses the economic impacts of recurrent climate shocks on the Ethiopian economy to 2040. The results indicate that recurrent climate shocks will lead to a reduction in Ethiopia's cumulative GDP from 2020 to 2040 compared to a “no climate change” baseline. Specifically, extreme weather events could cumulatively cost Ethiopia up to 17 percent (or US$ 534.3 billion) in GDP between 2020 and 2040 compared to a no-climate change baseline. The weight of the economic loss is concentrated in the agricultural production sector, with rural households and poorer households in urban areas being worst affected. Strategic investments in irrigation infrastructure and in hydroelectricity generation are found to be effective in mitigating some of the damage caused by recurrent climate variability.

Linking the economics of water, energy, and food: A nexus modeling approach

Linking the economics of water, energy, and food: A nexus modeling approach PDF Author: Al-Riffai, Perrihan
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 32

Book Description
We use an innovative methodology to model the socioeconomic linkages between water, energy, and food in the East Nile Basin. Based upon a theoretical nexus framework, the methodology is expanded into a quantifiable modeling suite that under-lies the analysis of each of three country case studies. The advantages are that, despite resource shortages being a challenge, the modeling suite aids in devising policies and strategies that formulate these sectoral interdependencies and provide the evidence-based research results necessary for their design in a way that exploits synergies existing across sectors, countries, and regions (Al-Zubari n.d.). This paper lays out the methodology and gives an example of an application and scenarios by focusing on three countries in the East Nile Basin. This methodology paper will be followed by three individual country case studies that highlight the water, energy, and food nexus for each.

Economy-Wide Modeling of Water at Regional and Global Scales

Economy-Wide Modeling of Water at Regional and Global Scales PDF Author: Glyn Wittwer
Publisher: Springer
ISBN: 9811361010
Category : Business & Economics
Languages : en
Pages : 223

Book Description
This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.

Economy-wide Modeling of Water at Regional and Global Scales

Economy-wide Modeling of Water at Regional and Global Scales PDF Author: Glyn Wittwer
Publisher:
ISBN: 9789811361029
Category : Computable general equilibrium models
Languages : en
Pages :

Book Description
This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.

Modelling the Impact of Climate Change on Water Resources

Modelling the Impact of Climate Change on Water Resources PDF Author: C. Fai Fung
Publisher: John Wiley & Sons
ISBN: 1444348175
Category : Science
Languages : en
Pages : 215

Book Description
The quantitative assessment of the impact of climate change on water availability and water resources management requires knowledge of climate, hydro(geo)logical and water resources models, and particularly the relationships between each of them. This book brings together world experts on each of these aspects, distilling each complex topic into concise and easy to understand chapters, in which both the uses and limitations of modelling are explored. The book concludes with a set of case studies using real-life examples to illustrate the steps required and the problems that can be faced in assessing the potential impacts of climate change on water resource systems. For students, scientists, engineers and decision-makers alike, this book provides an invaluable and critical look at the information that is provided by climate models, and the ways it is used in modelling water systems. A key focus is the exploration of how uncertainties may accrue at each stage of an impacts assessment, and the reliability of the resulting information. The book is a practical guide to understanding the opportunities and pitfalls in the quantitative assessment of climate change impacts and adaptation in the water resource sector.

Adaptation and Resilience

Adaptation and Resilience PDF Author: Bonnie G. Colby
Publisher: Routledge
ISBN: 1136521933
Category : Technology & Engineering
Languages : en
Pages : 289

Book Description
In America's arid southwest, climate change will occur in the context of already-keen competition for water for agriculture, urban growth, electricity generation, water-based recreation, and environmental protections. This book explores the challenges that climate change and variability pose for water and energy managers and users, communities, and policy makers in the arid Southwest and demonstrates the application of economic methods to address these challenges. It provides valuable tools for both those interested in resource management and climate change, and those seeking to understand how economic methods can be used to analyze contemporary social problems and craft appropriate responses. The book considers both adaptation to long-term climate change and more immediate issues of water and electricity management in the face of inter-annual climate variability and drought. Thus, no matter what one's perspective on long-run climate change projections, the book provides useful lessons for some of the region's most pressing resource management problems.

Climate Change, Water Scarcity in Agriculture and the Economy-Wide Impacts in a CGE Framework

Climate Change, Water Scarcity in Agriculture and the Economy-Wide Impacts in a CGE Framework PDF Author: Roberto Ponce
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Modeling United States Water Resources Under Climate Change

Modeling United States Water Resources Under Climate Change PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

Book Description
Water is at the center of a complex and dynamic system involving climatic, biological, hydrological, physical, and human interactions. We demonstrate a new modeling system that integrates climatic and hydrological determinants of water supply with economic and biological drivers of sectoral and regional water requirement while taking into account constraints of engineered water storage and transport systems. This modeling system is an extension of the Massachusetts Institute of Technology (MIT) Integrated Global System Model framework and is unique in its consistent treatment of factors affecting water resources and water requirements. Irrigation demand, for example, is driven by the same climatic conditions that drive evapotranspiration in natural systems and runoff, and future scenarios of water demand for power plant cooling are consistent with energy scenarios driving climate change. To illustrate the modeling system we select "wet" and "dry" patterns of precipitation for the United States from general circulation models used in the Climate Model Intercomparison Project (CMIP3). Results suggest that population and economic growth alone would increase water stress in the United States through mid-century. Climate change generally increases water stress with the largest increases in the Southwest. By identifying areas of potential stress in the absence of specific adaptation responses, the modeling system can help direct attention to water planning that might then limit use or add storage in potentially stressed regions, while illustrating how avoiding climate change through mitigation could change likely outcomes.

Water and Economy-wide Policy Interventions

Water and Economy-wide Policy Interventions PDF Author: Ariel Dinar
Publisher:
ISBN: 9781601988492
Category :
Languages : en
Pages :

Book Description