no code implementations • 1 Jan 2024 • Francisco Estrada, Veronica Lupi, Wouter Botzen, Richard S. J. Tol
A permanent 1% reduction of the UHI in urban areas yields net present benefits of USD$484-USD$1, 562 per urban dweller.
no code implementations • 17 Apr 2023 • Francisco Estrada, Richard S. J. Tol, Wouter Botzen
Our results imply that using global mean temperature change in IAMs as a summary measure of warming is not adequate for estimating the costs of climate change.