From a dynamic integrated climate economy (DICE) to a resilience integrated model of climate and economy (RIMCE)

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Abstract

The emergence of cascaded risks we face at the Anthropocene raises new problems and demands for action. Climate change can be seen as the most critical world risk: it reflects the effect of human actions that promote several risks, it potentiates disasters and catastrophes caused by natural phenomena, and it can, ultimately, threaten human survival on the planet. Risks in the Anthropocene are a matter of governance and local actions. A reflexive analysis, in the context of the so-called risk societies, and of resilient local communities to cope with the impact of risks of climate change is carried out. A Resilience Integrated Model of Climate and Economy (RIMCE) is proposed. The model is based on the idea of a social economic view, which involves nation-states that focus on local communities, citizen responsibility, rights, and behavior, materialized through networks of social capital and solidarity. This local cooperation to cope with climate crises, is the motivation for a new tax, the resilience social tax. With this reflection, we hope to contribute to the understanding of the economic ties attached to anthropogenic risks, proposing criteria to change behaviors, and advocating public participation in defining local actions to restore the optimal operating conditions of the Earth System.

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Bertolami, O., & Gonçalves, C. D. (2024). From a dynamic integrated climate economy (DICE) to a resilience integrated model of climate and economy (RIMCE). Anthropocene Review, 11(3), 491–508. https://doi.org/10.1177/20530196231205486

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