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PIK

or p.i.k.

noun

  1. payment in kind.


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Example Sentences

"Strong income reductions are projected for the majority of regions, including North America and Europe, with South Asia and Africa being most strongly affected. These are caused by the impact of climate change on various aspects that are relevant for economic growth such as agricultural yields, labour productivity or infrastructure," says PIK scientist and first author of the study Maximilian Kotz.

"Our analysis shows that climate change will cause massive economic damages within the next 25 years in almost all countries around the world, also in highly-developed ones such as Germany, France and the United States," says PIK scientist Leonie Wenz who led the study.

"We find that a more sustainable, flexitarian diet increases the feasibility of the Paris Agreement climate goals in different ways," says Florian Humpenöder, PIK scientist and co-lead author of the study to be published in Science Advances.

"Our results show that compared to continued dietary trends, a more sustainable diet not only reduces impacts from food production within the land system, such as deforestation and nitrogen losses. It also reduces GHG emissions from the land system to such an extent that it cuts economy-wide 1.5°C-compatible GHG prices in 2050 by 43 percent," explains co-lead author Alexander Popp, leader of the working group land-use management at PIK.

In the new study, PIK scientists investigated how dietary shifts would contribute towards the feasibility of 1.5°C transformation pathways relative to a scenario without dietary shifts.

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