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Incorporating Climate Change and Climate Policy Into Macroeconomic Modeling: Proceedings of a Workshop

Incorporating Climate Change and Climate Policy Into Macroeconomic Modeling: Proceedings of a Workshop

Paperback

Environmental StudiesGeneral Political Science

ISBN10: 0309714672
ISBN13: 9780309714679
Publisher: National Academies Press
Published: Jun 8 2024
Pages: 92
Weight: 0.20
Height: 0.41 Width: 5.91 Depth: 8.81
Language: English

Macroeconomic models, essential for decision making and federal budget planning, may not appropriately consider the wide breadth of climate-related impacts that potentially have large macroeconomic significance. Challenges integrating climate factors into macroeconomic analyses can stem from the complexity of macroeconomics, climate science, policy instruments, and their interactions. Although economists have made progress in developing tools to understand climate-related impacts on the macroeconomy, much of the climate and macroeconomic research has historically been conducted in disciplinary silos that can limit a holistic understanding of climate-related impacts on the macroeconomy.

Also from

National Academies of Sciences Engineering and Medicine

Also in

Environmental Studies