Nature

Comprehensive national climate damage assessments framework applied to the UK (opens in new tab)

Climate change has very wide-ranging economic impacts. Comprehensive economic assessments are therefore needed, yet existing estimates remain fragmented, incomplete and deeply uncertain. Here we develop an emulation framework for a much more complete economic valuation of climate risks. We apply it to the UK, which provides a test case because of the availability of many estimates from models and expert elicitations. The approach provides channel-specific estimates, quantifies climatic and so...

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