COIN
Project name: | COIN- Cost of Inaction: Assessing the costs of climate change for Austria |
Project leader: | Karl Steininger |
Project team: | Karl Steininger (Senior PostDoc: project lead), Birgit Bednar-Friedl (Senior PostDoc) , Gabriel Bachner (PhD Student), Stefan Nabernegg (Master Student) Herwig Urban (Master Student) |
Partners: | Alpen Adria University - IFF Social Ecology (AAU) Environment Agency Austria (EAA) Austrian Institute for Economic Research (WIFO) Austrian Institute of Technology GmbH (AIT) Joanneum Research (JR) Vienna University of Technology – Energy Economics Group (EEG) University of Natural Resources and Life Sciences Vienna (BOKU) Zentralanstalt für Meteorologie und Geodynamik (ZAMG) Climate Change Centre Austria – Service Centre (CCCA) |
Sponsor: | |
Duration: | Jan. 2013 - Mar. 2014 |
Abstract:
Climate change impact analysis is available in Austria for different thematic areas at very different levels of maturity. The core objective of COIN is to assess costs of climate change for public and private budgets in Austria (i.e. damage costs with presently agreed mitigation but without adaptation measures), and scope the information where full assessment is not yet possible. Therefore a consistent framework will be developed and applied across the various thematic areas. Due to a lack of maturity in some areas and given time and budget restrictions application will partly encounter limitations. All fields of activity/sectors of the Austrian national adaptation strategy are explored by recognised experts. Climate scenarios will be interpreted according to each sector’s special needs for certain climate parameters and indices. Instead of delivering a grand total cost sum for all sectors with a top-down assessment from some average climate triggers, this project applies a broad bottom-up approach acknowledging sector specific risks and trends. Cross-sectoral plausibility checks will allow a realistic total range of costs of climate change without adaptation for Austria.