Economic impacts of climate change in Russia
Kosonen & Leppänen with Markku Ollikainen & Veli-Pekka Tynkkynen/HY, Laura Solanko/BOFIT and Svetlana Ledyaeva
The aim of the project is analyze how different possible climatic conditions reflect in regional economies in the coming decades using regional economic indicators and climate scenarios. One focus of the project is agricultural production directly dependent of weather conditions, which has a direct effect in income of agriculture-intensive regions and an indirect effect in consumer price inflation, thus affecting standard of living in the regions.
The three-year joint research project of CEMAT and the Institute of Economics at the Karelian Research Center of Russian Academy of Sciences is funded by Academy of Finland and Russian Foundation for Humanities.