CMCC researchers, part of the ACCREU project, have actively contributed to the 14th Annual Conference of the Italian Association of Environmental and Resource Economists (IAERE), hosted by the Department of Economics and Management (DEM) and the School of International Studies (SIS) of the Università di Trento on February 12–13, 2026:
Amsalu W. Yalew and co-authors presented their ongoing work on the “Macroeconomic repercussions of heatwave impacts on labor productivity in European regions”. Using a global CGE model with subnational details to European countries, the authors show the role of different labor market conditions (e.g., labor employment, and inter- sectoral and inter-regional labor mobilities) in shaping the overall macroeconomic effects. They also show that the impacts on the GDP of Cyprus, Malta, and regions in southern Italy are relatively worse.
Francesco Pietro Colelli‘s paper “Temperature Extremes and Local Power Distribution: From Mechanisms to Health Impacts” establishes a causal link between temperature, power distribution outages, and mortality. Extreme temperatures substantially increase the incidence of technical power outages and the coincidence of a power outage with a day above 30°C increases daily mortality by up to 58% cumulatively over one week.
Giacomo Falchetta presented an ongoing assessment of the impact of recent heat- and hydrology-related climate extremes on the fiscal budgets of Italian municipalities and an attribution analysis to evaluate the attributable share of such impacts to anthropogenic climate change, also accounting for the heterogeneity of such impacts through investment and expenditure in adaptation-relevant budget entries.
Visit the IAERE Conference website