Assessing the economic risks and benefits of SRM for Latin America
Host institution Universidad Nacional Autónoma de México (UNAM)
Grant year 2024
Project summary
Assessing the economic consequences and risks of SRM implementation for Latin America can provide important insights for regional decision-makers and for developing strategies in case SRM actions are considered. This project aims to assess the economic impacts and risks of SRM using a state-of-the-art integrated assessment model called CLIMRISK which allows producing spatially-explicit estimates of economic impacts and climate-economy risk indices. CLIMRISK will provide a variety of economic metrics (e.g., present value of damages, social cost of carbon) for regional, country and grid cell levels.
