The least-ready EU countries are, in increasing order, Romania, Croatia, Bulgaria, Hungary, Cyprus, Slovakia, Malta, Greece, Latvia, Italy. The most ready are Slovenia, Ireland, France, Netherlands, Luxembourg, Germany, Austria, Sweden, Denmark, Finland.
Countries with high energy intensity or high fossil-fuel extraction are more exposed to transition risks. This is the case for Estonia, Bulgaria, Czechia, Greece and Poland. Countries with low energy intensity can more easily weather the transition. This is the case for Austria, Finland, France, Spain and Sweden.
We use two integrated assessment models from the RCP2.6-SSP2 scenario matrix cell (Table 1), namely RICE50+ and WITCH from the European Institute on Economics and the Environ- ment (Emmerling et al, 2016), to look at the impact of climate change on Italy’s debt.
The current debt of Italy stands at about 170 percent of GDP.
Figure 8 shows debt dynamics (pink shaded fan chart), with the median stabilised slightly below 150 percent of GDP after 2030, with significant upside risk.
Full debts
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Countries with high energy intensity or high fossil-fuel extraction are more exposed to transition risks. This is the case for Estonia, Bulgaria, Czechia, Greece and Poland. Countries with low energy intensity can more easily weather the transition. This is the case for Austria, Finland, France, Spain and Sweden.
We use two integrated assessment models from the RCP2.6-SSP2 scenario matrix cell (Table 1), namely RICE50+ and WITCH from the European Institute on Economics and the Environ- ment (Emmerling et al, 2016), to look at the impact of climate change on Italy’s debt.
The current debt of Italy stands at about 170 percent of GDP.
Figure 8 shows debt dynamics (pink shaded fan chart), with the median stabilised slightly below 150 percent of GDP after 2030, with significant upside risk.
Full debts
https://t.me/FinanceFactsTelegram/810
Our last request
https://t.me/LawsTelegram/97
https://t.me/LawsTelegram/98
https://t.me/FinanceFactsTelegram/774
More
https://t.me/FinanceFactsTelegram/781
to
https://t.me/FinanceFactsTelegram/812