FEEM Seminar on “Budgetary Effects of Adaptation in EU Mediterranean Countries: A CGE Framework Applied to Sea Level Rise”
Meno di un minuto
In a background of a financial crisis along with high levels of indebtedness and aging population, high unemployment levels and the need for fiscal outlays for unemployment compensation or welfare benefits, climate change policies seem to appear as something which would not be regarded as an urgent policy also in many European countries. In fact, in a situation where public budgets are overstretched due to economic crisis, there is an increasing need to understand the implications of climate change impacts, climate change mitigation and adaptation policies on the fiscal side.