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RISKEQCC

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Risk and Equity in Climate Change Problems

The issue of climate change is becoming more and more prominent in the public debate. It raises several ethical issues in terms of intergenerational equity and global justice. Standard cost-benefit analysis neglects inequalities,... ver más

31/01/2011

UCLouvain

120K€

Presupuesto del proyecto: 120K€

Líder del proyecto

UNIVERSITE CATHOLIQUE DE LOUVAIN No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Financiación concedida El organismo FP7 notifico la concesión del proyecto el día 2011-01-31 No tenemos la información de la convocatoria

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1 Participantes

UCLouvain

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Líder del proyecto

UNIVERSITE CATHOLIQUE DE LOUVAIN No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 120K€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto The issue of climate change is becoming more and more prominent in the public debate. It raises several ethical issues in terms of intergenerational equity and global justice. Standard cost-benefit analysis neglects inequalities, assuming that appropriate redistributions are possible, but such redistributions are unlikely at the large temporal and regional scales involved in climate change issues. Hence it is of particular importance to develop evaluation methods to assess the distributional impact of climate policies. There are several challenges that must be met to develop such methods. A first problem is the question of discounting. Standard discounting methods violate intergenerational equity. Deriving an index of intergenerational equity that accounts for discounting is therefore a theoretical challenge. A second issue is that the policies under consideration have uncertain consequences, because the exact value of the parameters in the climate model are not known for sure. Hence inequalities between regions are uncertain and uncertainties are unevenly distributed among regions. These phenomena, which have largely been overlooked so far, seem particularly relevant for policy-making. One aim of the proposed research project is to to develop new evaluation methods to assess intergenerational and risk inequalities. To do so, we can rely on recent developments in decision and welfare theories. At the same time, the project aims at showing the relevance of the proposed methods. For this purpose, we will rely on the CWS climate-economy integrated assessment model, that will have to be adapted to take into account risks and adaptation policies. This would be the occasion to deepen our knowledge of the relative merits of alternative policies aiming at reducing or mitigating the effects of greenhouse gas emissions, especially in terms of inequality. The wider long-term objective will be to improve policy evaluation and to help decision-making.

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