The paper analytically explores the optimal allocation of investments into mitigation and environmental adaptation against climate change damages at a macroeconomic level. The economic-environmental model is formulated as a social planner problem where adaptation and abatement investments are separate decision variables.

Author names: 
Bréchet, Thierry
Hritonenko, Natali
Yatsenko, Yuri
Year: 
2013
Reference: 

Bréchet, Thierry; Natali Hritonenko, Yuri Yatsenko (2013): Adaptation and Mitigation in Long-term Climate Policy. Environ Resource Econ (2013) 55:217–243 DOI 10.1007/s10640-012-9623-x

Geographical area: 
Policy areas considered: 
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