Opening Remarks by Simon Upton

1. The economic consequences
of climate change
OECD Environment Directorate

2. 2
The economic consequences
of climate change
http://www.oecd.org/environment/the-
economic-consequences-of-climate-
change-9789264235410-en.htm

3. 3
Regional cost of selected climate
impacts
Source: ENV-Linkages calculations
Uncertainty ranges in 2060
dueto uncertainty in ECS
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2020 2030 2040 2050 2060
-South & South East Asia
OECD Pacific
Rest of Europe & Asia
OECD Europe
Latin America
OECD America
World
-Sub Saharan Africa
Middle East & North Africa

4. 4
Global importance of different impacts
Source: ENV-Linkages calculations
Global GDP loss:
0.3-1.0% 1.0-3.3%
Agriculture
Coastal
Zones
Energy
Demand
Extreme
Precipitation
Events
Health
Tourism
Demand
Global damages 2060
Agriculture
Coastal
Zones
Energy
Demand
Extreme
Precipitation
Events
Health
Tourism
Demand
Global damages 2035

5. 5
Damages with policy controls
Source: Preliminary AD-DICE calculations
-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100
Likely uncertainty range - no policies
Likely uncertainty range - optimal policies
Central projection - no policies
Central projection - optimal policies
-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100
Likely uncertainty range - no policies
Likely uncertainty range - optimal policies
Central projection - no policies
Central projection - optimal policies

6. THANK YOU!
For more information:
www.oecd.org/environment/CIRCLE.htm
www.oecd.org/environment/modelling
rob.dellink@oecd.org