Uploaded February 2025 | Updated September 2026, 2 weeks ago
This video introduces the interactive Carbon Pricing Incidence Calculator webtool (CPIC) and it's different functionalities. Stakeholders from academia, politics and civil society explain how it links to current debates around the social impacts of carbon pricing and how it can help facilitate an informed discourse on the topic.
CPIC was developed at the "Climate Policy and Development" group at the Mercator Research Institute on Global Commons and Climate Change (MCC), which has been integrated into PIK as of January 2025. The project was funded and strategically supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The tool builds on research that has been published or proposed for publication in peer reviewed academic journals.
Find CPIC at: cpic-global.net
This video introduces the interactive Carbon Pricing Incidence Calculator webtool (CPIC) and it's different functionalities. Stakeholders from academia, politics and civil society explain how it links to current debates around the social impacts of carbon pricing and how it can help facilitate an informed discourse on the topic.
CPIC was developed at the "Climate Policy and Development" group at the Mercator Research Institute on Global Commons and Climate Change (MCC), which has been integrated into PIK as of January 2025. The project was funded and strategically supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The tool builds on research that has been published or proposed for publication in peer reviewed academic journals.
Find CPIC at: cpic-global.net




![China floods to hit US economy: climate effects through trade chains
Anders Levermann and Sven Willner from the Potsdam Institute for Climate Impact Research on their new paper.
Intensifying river floods could lead to regional production losses worldwide caused by global warming. This might not only hamper local economies around the globe – the effects might also propagate through the global network of trade and supply chains, a study now published in Nature Climate Change shows. It is the first to assess this effect for flooding on a global scale, using a newly developed dynamic economic model. It finds that economic flood damages in China, which could, without further adaption, increase by 80 percent within the next 20 years, might also affect EU and US industries. The US economy might be specifically vulnerable due to its unbalanced trade relation with China. Contrary to US president Trump’s current tariff sanctions, the study suggests that building stronger and thus more balanced trade relations might be a useful strategy to mitigate economic losses caused by intensifying weather extremes.
Article: Sven N. Willner, Christian Otto, Anders Levermann (2018): Global economic response to river floods. Nature Climate Change [DOI:10.1038/s41558-018-0173-2] China floods to hit US economy: climate effects through trade chains](https://i.ytimg.com/vi/A8lYYGK8G5k/mqdefault.jpg)





