This report provides an updated reduced-form, regionally specific, climate change damage function to undertake eventually a policy cost-efficiency, cost-effectiveness exercises in a dynamic optimization framework.

This report represents the Deliverable P59 developed within the framework of Work Package 6.2.10 of the GEMINA project, funded by the Italian Ministry of Education, University and Research and the Italian Ministry of Environment, Land and Sea.

• jel: Q52, Q54

• European Institute on Economics and the Environment

• Economic analysis of Climate Impacts and Policy Division

Authors

• Valentina Bosetti
• Enrica De Cian