Author(s): Downing, T.E. and R. Butterfield.
In: Technical Policy Briefing Note 7. Oxford: Stockholm Environment Institute.
Type: Policy brief
Link to SEI author(s):
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.
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.