Climate and Economics

Aims

The aim of the Climate and Economics section is to advance the state of knowledge and predictability of the interactions and feedback between the climate system and economic systems. Taking a holistic approach, the section publishes original articles, letters, reviews, and communications focused on the intersection of climate science and economics, examining the economic implications of climate change and the policies aimed at addressing it.

The section provides a platform for researchers to publish their findings on the economic aspects of climate change, including studies on the costs of adaptation and mitigation, economic impacts on various sectors, and the evaluation of policy options.

Finally, the section promotes interdisciplinary collaboration between climate scientists, economists, policy analysts, and other relevant experts. This allows for a comprehensive understanding of the complex interactions between climate dynamics and economic systems.

Ultimately, the Climate and Economics section plays a crucial role in advancing our understanding of the complex relationship between climate change and economics, facilitating evidence-based policy decisions, and driving the transition to a more sustainable and resilient global economy.

Scope

• Policy Informatics: The aims are to inform policy decisions by presenting rigorous economic analyses of climate-related policies. This includes assessments of the costs and benefits of different policy approaches, such as carbon pricing, renewable energy incentives, and adaptation strategies.
• Cost–benefit Analysis: Publishing research that conducts cost–benefit analyses of climate policies and initiatives helps policymakers understand the potential economic benefits of taking action to mitigate climate change compared to the costs of inaction.
• Risk Assessment: Articles within the section can explore the economic risks associated with climate change, such as the financial implications of extreme weather events, sea-level rise, and disruptions to global supply chains.
• Market Mechanisms: Discussing various market-based mechanisms, such as emissions trading and carbon markets, helps shed light on how economic incentives can be used to achieve emission reduction goals.
• Innovation and Investment: The section can showcase studies on the economic opportunities arising from climate change mitigation and adaptation efforts, including the potential for innovation, job creation, and sustainable economic growth.
• Social Equity: Research on the distributional impacts of climate policies, especially on vulnerable populations, highlights the need for equitable solutions and addresses potential social injustices.
• Sustainable Development: This topic can examine how addressing climate change aligns with broader goals of sustainable development, including poverty reduction, health improvements, and environmental protection.
• Scenario Modeling: Studies that use economic modeling to project future climate impacts and potential economic pathways under different scenarios are valuable for guiding long-term policy planning.