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Title: Macroeconomic impacts of climate change on the blue economy sectors of southern European islands
Authors: Vrontisi, Zoi
Charalampidis, Ioannis
Lehr, Ulrike
Meyer, Mark
Paroussos, Leonidas
Lutz, Christian
Lam González, Yen Elízabeth 
Arabadzhyan, Anastasia
González Hernández, Matías Manuel 
León González, Carmelo Javier 
UNESCO Clasification: 531205 Energía
5306 Economía del cambio tecnológico
Keywords: Cambio climático
Impacto económico
Economía azul
Blue Economy
Cge, et al
Issue Date: 2022
Project: DownScaling CLImate imPACTs and decarbonisation pathways in EU islands, and enhancing socioeconomic and non-market evaluation of Climate Change for Europe, for 2050 and beyond 
Journal: Climatic Change 
Abstract: Island communities are among the first and most adversely affected by the impacts of global climate change. Islands are vulnerable to climate change because of their isolated geography, large coastal areas, and low economic diversification. This paper presents a model-based evaluation of the macroeconomic impacts of climate change on the Blue Economy of southern European islands. We consider climate change impact chains on tourism, maritime transport, and electricity demand in a downscaled modeling framework for different climatic scenarios to the end of the century. Our findings show important economic losses in all climatic scenarios, yet economic damages under an RCP8.5 scenario more than doubled compared to a RCP2.6 pathway. Magnitudes of impacts vary across islands, depending on the level of economic diversification and geographic remoteness. The effects of climate change on the tourism sector are detrimental to the islandic economies, given the sector’s complex value chain and dominant position in value added. Similarly, increasing electricity demand for cooling and water desalination puts additional stress on the economy of the islands.
ISSN: Electronic ISSN 1573-1480; Print ISSN 0165-0009
DOI: 10.1007/s10584-022-03310-5
Source: Climatic Change[ISSN 0165-0009],v. 170 (3-4), (Febrero 2022)
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