Climate Impacts on country-level biodiversity, ecosystems services and GDP: recent research and stakeholder views

Speaker: Johannes Emmerling (RFF-CMCC European Institute on Economics and the Environment, CMCC Foundation)

Moderator: Heather Grabbe (Bruegel, and visiting professor at University College London and KU Leuven)

Abstract: Ecosystems bring benefits to human well-being, including both those with market value, that can be bought and sold, and those without, that are intangible and non-monetary in nature. Climate change will alter the distribution of ecosystems around the world and change the flow of these benefits. The implications of ecosystem changes for human welfare depend on both the nature of these changes and the extent to which communities rely on natural systems for their well-being. We present recent research and discuss the impacts of climate change on biodiversity, including the role for the economy, in the light also of the latest review by the Intergovernmental Platform on Biodiversity and Ecosystem Services and the Dasgupta Independent Review on the Economics of Biodiversity.

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