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Economic impacts of melting of the Antarctic Ice Sheet

Earth Sciences

Economic impacts of melting of the Antarctic Ice Sheet

S. Dietz and F. Koninx

Explore the critical insights from research conducted by Simon Dietz and Felix Koninx on the drastic melting of the Antarctic Ice Sheet and its far-reaching impacts on global sea level rise and coastal economies. Discover how proactive planning can mitigate costs and the social cost of carbon may surge under high emission scenarios.

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Playback language: English
Abstract
Melting of the Antarctic Ice Sheet (AIS) could significantly contribute to global sea level rise (SLR). This study couples models of AIS melting, SLR, and economic impacts of SLR on coastlines worldwide. SLR projections are reported, and coastal impacts are found to be highly heterogeneous, with significant GDP impacts on several countries, primarily Small Island Developing States (SIDS). Proactive coastal planning can dramatically reduce costs. AIS melting increases the social cost of carbon, with a tail risk of very large increases, especially under high emissions scenarios.
Publisher
Nature Communications
Published On
Oct 03, 2022
Authors
Simon Dietz, Felix Koninx
Tags
Antarctic Ice Sheet
sea level rise
coastal impacts
economic effects
Small Island Developing States
climate change
proactive planning
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