Decrypting the triad of climate policies, macroeconomic interdependencies and quantitative modelling: A literature review on quantifying climate risks

IF 2.1 Q2 GEOGRAPHY

Regional Science Policy and Practice Pub Date : 2025-07-08 DOI:10.1016/j.rspp.2025.100229

Markus Vogl , Milena Kojić , Stephan Schlüter

{"title":"Decrypting the triad of climate policies, macroeconomic interdependencies and quantitative modelling: A literature review on quantifying climate risks","authors":"Markus Vogl , Milena Kojić , Stephan Schlüter","doi":"10.1016/j.rspp.2025.100229","DOIUrl":null,"url":null,"abstract":"<div><div>This structured keyword-based meta-analysis reviews the estimation of climate risk factors and their economic impact in the recent literature between 2009 and 2025. Via examining existing research we are able to extract core statements, critical success and risk factors, considered data sets, implemented quantitative methods, and core empirical results. This allows us to identify current state-of-the-art topics and methodologies. Furthermore, we identify three major interrelated pillars, namely, policy-level considerations, macroeconomic effect chains paired with market-level dynamics, and quantitative modelling methodologies. According to the analysed research articles, a comprehensive understanding of at least two of these pillars is essential for effectively identifying, controlling, and modelling climate risk. This, in turn, helps to develop political strategies for mitigating climate change, which is displayed as a comprehensive triad model that can serve as a didactical basis for policy-decision making.</div></div>","PeriodicalId":45520,"journal":{"name":"Regional Science Policy and Practice","volume":"17 11","pages":"Article 100229"},"PeriodicalIF":2.1000,"publicationDate":"2025-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Regional Science Policy and Practice","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1757780225000599","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"GEOGRAPHY","Score":null,"Total":0}

引用次数: 0

Abstract

This structured keyword-based meta-analysis reviews the estimation of climate risk factors and their economic impact in the recent literature between 2009 and 2025. Via examining existing research we are able to extract core statements, critical success and risk factors, considered data sets, implemented quantitative methods, and core empirical results. This allows us to identify current state-of-the-art topics and methodologies. Furthermore, we identify three major interrelated pillars, namely, policy-level considerations, macroeconomic effect chains paired with market-level dynamics, and quantitative modelling methodologies. According to the analysed research articles, a comprehensive understanding of at least two of these pillars is essential for effectively identifying, controlling, and modelling climate risk. This, in turn, helps to develop political strategies for mitigating climate change, which is displayed as a comprehensive triad model that can serve as a didactical basis for policy-decision making.

查看原文本刊更多论文

破解气候政策、宏观经济相互依存关系和定量建模的三重关系：量化气候风险的文献综述

这一结构化的基于关键词的荟萃分析回顾了2009年至2025年间近期文献中对气候风险因素及其经济影响的估计。通过检查现有研究，我们能够提取核心陈述，关键成功和风险因素，考虑数据集，实施定量方法和核心实证结果。这使我们能够确定当前最先进的主题和方法。此外，我们确定了三个相互关联的主要支柱，即政策层面的考虑，与市场层面动态相匹配的宏观经济效应链，以及定量建模方法。根据分析的研究文章，全面了解这些支柱中的至少两个对于有效识别、控制和模拟气候风险至关重要。这反过来又有助于制定缓解气候变化的政治战略，这是一个全面的三重模型，可以作为政策决策的教学基础。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Regional Science Policy and Practice GEOGRAPHY-

CiteScore

3.60

自引率

5.90%

发文量

期刊介绍： Regional Science Policy & Practice (RSPP) is the official policy and practitioner orientated journal of the Regional Science Association International. It is an international journal that publishes high quality papers in applied regional science that explore policy and practice issues in regional and local development. It welcomes papers from a range of academic disciplines and practitioners including planning, public policy, geography, economics and environmental science and related fields. Papers should address the interface between academic debates and policy development and application. RSPP provides an opportunity for academics and policy makers to develop a dialogue to identify and explore many of the challenges facing local and regional economies.