Dependence of economic impacts of climate change on anthropogenically directed pathways

Jun’ya Takakura, Shinichiro Fujimori, Naota Hanasaki, Tomoko Hasegawa, Yukiko Hirabayashi, Yasushi Honda, Toshichika Iizumi, Naoko Kumano, Chan Park, Zhihong Shen, Kiyoshi Takahashi, Makoto Tamura, Masahiro Tanoue, Koujiro Tsuchida, Hiromune Yokoki, Qian Zhou, Taikan Oki, Yasuaki Hijioka

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

There are great uncertainties in the projected economic impacts of climate change1, arising from uncertainties in the climate response2, the climate change mitigation pathway3 and the socioeconomic development pathway4. Although the relative contributions of these factors are important for climate change related decision-making, they are poorly understood. Here, we show to what extent the projected economic impacts of climate change can be attributed to these three factors. Our modelling framework consisting of global, multisectoral impact models coupled with an integrated assessment model enables us to estimate the global total economic impacts of climate change while incorporating these uncertainty sources. Whereas the most pessimistic pathway without mitigation would result in a net economic impact equivalent to 6.6% (3.9–8.6%) of global gross domestic product at the end of this century, the pathways with stringent mitigation would limit the impact to around or less than 1%. Although the uncertainties are great, the climate change mitigation pathway is the dominant factor and socioeconomic developments can also contribute to alleviate the impacts of climate change. These results suggest that decisions on mitigation and development have a great influence in determining the economic impacts of climate change, regardless of the uncertainties in the climate response.

Original languageEnglish
Pages (from-to)737-741
Number of pages5
JournalNature Climate Change
Volume9
Issue number10
DOIs
Publication statusPublished - 2019 Oct 1

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)
  • Social Sciences (miscellaneous)

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    Takakura, J., Fujimori, S., Hanasaki, N., Hasegawa, T., Hirabayashi, Y., Honda, Y., Iizumi, T., Kumano, N., Park, C., Shen, Z., Takahashi, K., Tamura, M., Tanoue, M., Tsuchida, K., Yokoki, H., Zhou, Q., Oki, T., & Hijioka, Y. (2019). Dependence of economic impacts of climate change on anthropogenically directed pathways. Nature Climate Change, 9(10), 737-741. https://doi.org/10.1038/s41558-019-0578-6