Dataset Information

Climate econometric models indicate solar geoengineering would reduce inter-country income inequality.

ABSTRACT: Exploring heterogeneity in the economic impacts of solar geoengineering is a fundamental step towards understanding the risk tradeoff associated with a geoengineering option. To evaluate impacts of solar geoengineering and greenhouse gas-driven climate change on equal terms, we apply macroeconomic impact models that have been widely applied to climate change impacts assessment. Combining historical evidence with climate simulations of mean annual temperature and precipitation, we project socio-economic outcomes under high anthropogenic emissions for stylized climate scenarios in which global temperatures are stabilized or over-cooled by blocking solar radiation. We find impacts of climate changes on global GDP-per-capita by the end of the century are temperature-driven, highly dispersed, and model dependent. Across all model specifications, however, income inequality between countries is lower with solar geoengineering. Consistent reduction in inter-country inequality can inform discussions of the distribution of impacts of solar geoengineering, a topic of concern in geoengineering ethics and governance debates.

SUBMITTER: Harding AR

PROVIDER: S-EPMC6957473 | biostudies-literature | 2020 Jan

REPOSITORIES: biostudies-literature

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Climate econometric models indicate solar geoengineering would reduce inter-country income inequality.

Harding Anthony R AR Ricke Katharine K Heyen Daniel D MacMartin Douglas G DG Moreno-Cruz Juan J

Nature communications 20200113 1

Exploring heterogeneity in the economic impacts of solar geoengineering is a fundamental step towards understanding the risk tradeoff associated with a geoengineering option. To evaluate impacts of solar geoengineering and greenhouse gas-driven climate change on equal terms, we apply macroeconomic impact models that have been widely applied to climate change impacts assessment. Combining historical evidence with climate simulations of mean annual temperature and precipitation, we project socio-e ...[more]

PMID: 31932612

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Project description:Small-scale fisheries are critically important for livelihoods around the world, particularly in tropical regions. However, climate variability and anthropogenic climate change may seriously impact small-scale fisheries by altering the abundance and distribution of target species. Social relationships between fishery users, such as fish traders, can determine how each individual responds and is affected by changes in fisheries. These informal cooperative and competitive relationships provide access, support, and incentives for fishing and affect the distribution of benefits. Yet, individuals' actions and impacts on individuals are often the primary focus of the economic analyses informing small-scale fisheries' formal management. This focus dismisses relevant social relationships. We argue that this leads to a disconnect between reality and its model representation used in formal management, which may reduce formal fisheries management's efficiency and efficacy and potentially trigger adverse consequences. Here, we examine this argument by comparing the predictions of a simple bioeconomic fishery model with those of a social-ecological model that incorporates the dynamics of cooperative relationships between fish traders. We illustrate model outcomes using an empirical case study in the Mexican Humboldt squid fishery. We find that (1) the social-ecological model with relationship dynamics substantially improves accuracy in predicting observed fishery variables to the simple bioeconomic model. (2) Income inequality outcomes are associated with changes in cooperative trade relationships. When environmental temperature is included in the model as a driver of species production dynamics, we find that climate-driven temperature variability drives a decline in catch that, in turn, reduce fishers' income. We observe an offset of this loss in income by including cooperative relationships between fish traders (oligopoly) in the model. These relationships break down following species distribution changes and result in an increase in prices fishers receive. Finally, (3) our social-ecological model simulations show that the current fishery development program, which seeks to increase fishers' income through an increase in domestic market demand, is supported by predictions from the simple bioeconomic model, may increase income inequality between fishers and traders. Our findings highlight the real and urgent need to re-think fisheries management models in the context of small-scale fisheries and climate change worldwide to encompass social relationship dynamics.Supplementary informationThe online version contains supplementary material available at (10.1007/s10113-021-01747-5).

Dataset Information

Climate econometric models indicate solar geoengineering would reduce inter-country income inequality.

Publications

Climate econometric models indicate solar geoengineering would reduce inter-country income inequality.

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