Climate change, water scarcity and food deficit are analyzed in the article within the frameworks of the public goods theory. Special attention is paid to the international cooperation in the given sphere. Mitigation of climate change is global public good and this makes active international collaboration possible, while resistance to water and food scarcity is global merit good that’s why the cooperation is complicated. Transition to the complex mitigation of global problems is considered to be the most efficient way to resolve them.
The article focuses on the influence of global climate change on the world economy. The author points out that this influence is broader than damage from the transformation of environment caused by climate change and involves the variety of issues including impacts on the technological progress and formation of new carbon markets. Special attention is paid to the role of intergovernmental regulation and the composition of climate policy which change as the influence of climate change grows. Climate policy passes to the national level and switches to the priority of adaptation measures.
Analysis of Climate change in Russia