Supporting Climate Resilient Economic Development in Georgia - Application of the Model to Analyze the Economy-Wide Impacts of Climate Change Adaptation

01/2022 | Report

The national report on the application of the model in Georgia comprehensively outlines the CRED approach of modelling economy-wide impacts of climate change and adaptation. It first provides a general understanding of macroeconomic models, and the impacts of climate change in Georgia. It then proceeds with integrating both the economic and climatic dimensions in the model and conducts exemplary analyses of adaptation options in the agriculture and tourism/infrastructure sectors.


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