Economic Impacts of Climate Change on Europe's Regions

Johannes Lückenkötter*, Ove Langeland, Bjørg Langset, Emmanouil Tranos, Simin Davoudi, Christian Lindner

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter in a book

1 Citation (Scopus)

Abstract

Climate change can potentially impact on a wide range of economic sectors and activities. This could be changes in profitability in agriculture or forestry, changes in tourism supply and demand patterns, loss of production due to flooding or the costs of rebuilding infrastructure after extreme weather events. Economic effects can, to a large extent, be thought of as second-order effects of other dimensions of sensitivity. A region that is physically sensitive to climate change will also be economically sensitive to it. For example, if a region's transport infrastructure is sensitive to flooding, this will have effects on its economy as well. In other words, a region's physical and social sensitivity to extreme weather events is usually highly correlated with its economic sensitivity to climate change. ESPON Climate's analysis is focused on those economic sectors that are directly affected by climate change, namely the agriculture, forestry, tourism and energy sectors. For each of these sectors the economic impacts were determined by linking particular indicators of climate change to the sector's importance in a regional economy. After a literature review the relevant indicators are defined, the results of a pan-European assessment of the potential impacts of climate change on the different sectors and regions are presented and discussed.

Original languageEnglish
Title of host publicationEuropean Climate Vulnerabilities and Adaptation
Subtitle of host publicationA Spatial Planning Perspective
PublisherWiley-Blackwell
Pages95-112
Number of pages18
ISBN (Electronic)9781118474822
ISBN (Print)9780470977415
DOIs
Publication statusPublished - 9 Aug 2013

Keywords

  • Climate change impacts
  • Economy
  • European regions

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