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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/96153 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/96153 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/96153 archive 353 disk0/00/01/76/48 2021-11-18 08:27:35 2022-05-18 03:00:10 2021-11-18 08:27:35 article show Köberle A.C. Vandyck T. Guivarch C. Macaluso N. Bosetti V. Gambhir A. Tavoni M. Rogelj J. 8630 0000-0003-2056-9061 pub ECE IACC TISS Estimates of economic implications of climate policy are important inputs into policy-making. Despite care to contextualize quantitative assessments of mitigation costs, one strong view outside academic climate economics is that achieving Paris Agreement goals implies sizable macroeconomic losses. Here, we argue that this notion results from unwarranted simplification or omission of the complexities of quantifying mitigation costs, which generates ambiguity in communication and interpretation. We synthesize key factors influencing mitigation cost estimates to guide interpretation of estimates, for example from the Intergovernmental Panel on Climate Change, and suggest ways to improve the underlying models. We propose alternatives for the scenario design framework, the framing of mitigation costs and the methods used to derive them, to better inform public debate and policy. 2021-11 published Nature Publishing Group 10.1038/s41558-021-01203-6 https://rdcu.be/cByCM 254 public Nature Climate Change 11 1035-1045 TRUE 1758-678X Delivering on the Paris Agreement: A demand-driven, integrated assessment modelling approach (PARIS REINFORCE, H2020 820846) Exploring National and Global Actions to reduce Greenhouse gas Emissions (ENGAGE, H2020 821471) Next generation of AdVanced InteGrated Assessment modelling to support climaTE policy making (NAVIGATE, H2020 821124) yes info:eu-repo/grantAgreement/EC/H2020/820846/EU//PARIS REINFORCE; info:eu-repo/grantAgreement/EC/H2020/821471/EU//ENGAGE; info:eu-repo/grantAgreement/EC/H2020/821124/EU//NAVIGATE info:eu-repo/semantics/article info:eu-repo/semantics/embargoedAccess