Extreme Outcomes: Prospects for major tipping and socially contingent events and associated economic and social costs

Thomas E. Downing; Ruth Butterfield

SEI brief

Extreme Outcomes: Prospects for major tipping and socially contingent events and associated economic and social costs

This Technical Policy Briefing Note is a summary of cross-sectoral results from the ClimateCost project funded by the European Community’s Seventh Framework Programme.

Thomas E. Downing, Ruth Butterfield / Published on 23 November 2012

Citation

Downing, T.E. and R. Butterfield. (2012). Extreme Outcomes: Prospects for major tipping and socially contingent events and associated economic and social costs. Technical Policy Briefing Note 7. Oxford: Stockholm Environment Institute.

The objective of the ClimateCost project is to advance the knowledge on the economics of climate change, focusing on three key areas: the economic costs of climate change (the costs of inaction), the costs and benefits of adaptation, and the costs and benefits of long-term targets and mitigation. This technical policy briefing note provides an overview of the global assessment of major extreme outcomes: those tipping elements and major impacts that have high economic and social costs.

With contributions from Sukaina Bharwani, Mohamed Hamza, Chris Hope, Alistair Hunt, Vikrom Mathur, Neela Matin, Richard Taylor and Paul Watkiss.