Support of the EU Impact Assessment: Forging a climate-resilient Europe -The new EU Strategy on Adaptation to Climate Change

The GINFORS-E model has been used to provide macro-econometric estimations of the impact of measures under the Adaptation Strategy. Three climate change scenarios RCP2.6, RCP 4.5, and RCP 8.5 and the respective adaptation scenarios are compared against a reference scenario. Using quantifications of damages from past events as input, GINFORS-E estimates impacts at industry level, including macroeconomic effects (GDP, employment, production, consumer prices) and impacts on income and consumption structure for each EU Member State. GINFORS-E is listed in the “Modelling Inventory and Knowledge Management System of the European Commission (MIDAS)”.