Using climate economic modelling for sustainable economic development
Using climate economic modelling for sustainable economic development
Climate economic modelling is a critical process that informs policy makers of the costs, benefits and potential trade-offs of climate risks and climate change adaptation on the economy. It can be useful to support problem framing, stakeholder engagement and awareness raising, and advocacy and communications related to climate change. This guide offers a framework to help economic advisers in central and sectoral government ministries to integrate climate economic modelling results in economic development processes, with the ultimate objective to support climate-resilient economic development. The framework identifies nine indicative entry points and provides input on how to select the most appropriate one depending on the immediate opportunities and needs of the country.