New Policy Briefs published in the CRED project
Using the macroeconomic models developed by GWS for Kazakhstan and Georgia as part of the CRED project, CRED-trained modellers implemented climate change effects and calculated initial adaptation measures. The results have now been published in a total of three Sectoral Policy Briefs.
Two Sectoral Policy Briefs were developed for Georgia. The Policy Brief on Agriculture addresses the macroeconomic impacts of the adaptation measures irrigation schemes and windbreaks, both of which are expected to have positive direct and indirect impacts on gross domestic product (GDP) and employment. The Policy Brief on Tourism and Infrastructure covers the adaptation measures (re-)constructing coastline protection and constructing resilient roads and bridges, which are also expected to have positive impacts on GDP and employment.
For Kazakhstan, a Sectoral Policy Brief on Agriculture has been published, two more will follow on the energy and infrastructure sector. The scenarios for investments in the adaptation measures irrigation systems and parallel driving connected to precision agriculture both provide macroeconomic co-benefits compared to the scenario without adaptation to climate change and reduce climate change-related costs.