2015
DOI: 10.3390/su7044131
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The Economic Costs of Climate Change: A Multi-Sector Impact Assessment for Vietnam

Abstract: Abstract:We adopt a multi-sectoral approach and consider the full range of climate projections. Biophysical damages are translated into economic costs using a dynamic economy-wide model. Our results indicate that the negative impacts on agriculture and roads are modest to 2050. Larger costs are caused by rising sea levels and cyclone strikes. Overall, climate change is likely to reduce national income by between one and two percent by 2050 (relative to a historical baseline). Damages double under more extreme … Show more

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Cited by 35 publications
(24 citation statements)
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“…Putting this information into a land use and economic context, however, provides additional information to characterize the risk which can potentially be used to compare these coastal risks to other policy priorities, and to other risks of climate change in Vietnam (see [6]). As a first step in this process of contextualizing the coastal risks, we overlay the results from the previous section on available land use data-this process, however, is limited by the coarse nature of available elevation data-as a result SLR and storm surge effects can only reliably be characterized on one-meter elevation "bins" (see the previous section).…”
Section: Potential Economic Impacts Of Storm Surge and Slrmentioning
confidence: 99%
See 1 more Smart Citation
“…Putting this information into a land use and economic context, however, provides additional information to characterize the risk which can potentially be used to compare these coastal risks to other policy priorities, and to other risks of climate change in Vietnam (see [6]). As a first step in this process of contextualizing the coastal risks, we overlay the results from the previous section on available land use data-this process, however, is limited by the coarse nature of available elevation data-as a result SLR and storm surge effects can only reliably be characterized on one-meter elevation "bins" (see the previous section).…”
Section: Potential Economic Impacts Of Storm Surge and Slrmentioning
confidence: 99%
“…Additional impact channels include water, agriculture and hydropower [4] and road infrastructure [5]. These sectoral impact channels are combined to provide an economy-wide assessment of climate change for Vietnam [6]. This paper on cyclones and storm surges includes three sections: (1) background information on coastal flooding in the Red River delta; (2) a thorough description of the applied methodology and (3) the results of the analysis.…”
Section: Introductionmentioning
confidence: 99%
“…A risk assessment in order to identify major climate risks related to the object at issue requires climate projections and a translation of these projections to the sector at issue (e.g. Arndt et al 2015). This in turn requires different types of technical expertise.…”
Section: Assessing Responsibilities For Climate Adaptation: a Stepwismentioning
confidence: 99%
“…For example, the World Bank's study of the economics of adaptation to climate change (World Bank 2011) focused on four future climates. Recent work in Vietnam expanded the number of climates considered by analyzing all 56 climates employed for the Fourth Assessment Report (AR4) (Arndt et al 2012b). However, while these 56 climates exhibit significant variation, especially at country level scales, they do not represent a systematic attempt to populate the future distribution of potential climate outcomes for a given global climate policy scenario.…”
Section: Introductionmentioning
confidence: 99%