Publication

This paper presents a modeling comparison project on how the 2°C climate target could affect economic and energy systems development in China and India. The analysis uses a framework that harmonizes baseline developments and soft-links seven national and global models being either economy wide or energy system models. The authors find that economic and energy implications for China and India vary across models and conclude that the economic impacts of international climate policy – either measured as direct mitigation costs or as welfare losses - are generally larger in China than in India.