Climate Change Impacts and Policies in Heterogeneous Societies
CHIPS brings together partners from multiple disciplines to improve the state-of-the-art in four ways:
* an improved representation of impacts with a specific focus on poverty- and growth-relevant impact channels like capital and labor productivity, linking directly to data derived from the Intersectoral Impact Model Intercomparison project (ISIMIP1)
* an explicit representation of household heterogeneity in integrated assessment models
* conceptual advances to address multi-level equity considerations and new welfare metrics with a special focus on poverty
* assessment of the distributional effects of carbon pricing and climate impacts in Europe through empirics and micro-simulation.