Climate Change Impacts and Adaptation: Quantify the Cost of Impacts and Adaptation

The aim of this project is to advance knowledge of the costs of climate change in the UK, by generating initial estimates of the welfare effects associated with specific impacts occurring under a range of climate change and socioeconomic scenarios for the UK. To the extent possible, it also indicates how and where the burden of these welfare affects may fall. In order to generate robust results, that will facilicate adaptation assessment, a primarily bottom-up approach based on local, regional and national case studies in a range of key impact sectors is adopted.

Adapting agriculture to climate change

We evaluate the potential impacts and measure the potential limits of adaptation of agriculture to climate change. Pressures on land and water resources are expected to intensify existing risks in low latitude areas – e.g., South-East Asia deltas – and in regions with current water scarcity – e.g. Mediterranean, and create new opportunities in some northern temperate areas – e.g., Northern Russia, Northern Europe. The need to respond to these risks and opportunities is addressed by evaluating the costs and benefits of a number of technical and policy actions.

A Dynamic General Equilibrium Analysis of Adaptation to Climate Change in Ethiopia.

This study links a multisectoral, regionalized, dynamic, computable general equilibrium (CGE) model of Ethiopia with a system country-specific hydrology, crop, road, and hydropower engineering models to simulate the economic impacts of climate change scenarios from global circulation models (GCMs) to 2050. In the absence of externally funded, policy-driven adaptation investments, Ethiopia’s GDP in 2050 will be up to 10% below the counterfactual no climate change (historical climate) baseline.

Climate Change Policy: The Effect of Real Options Valuation on the Optimal Mitigation-Adaptation Balance

This paper illustrates the static optimisation strategies for climate change mitigation and adaptation using net marginal benefit analysis, and goes on to develop a dynamic optimisation solution using a modified Hotelling approach. Unfortunately, the situation required for a Hotelling-type optimisation to hold is rarely observed in practice, as there are numerous sources of uncertainty that impact upon a forward-looking optimisation exercise.

Adaptation to Climate Change: Needs and Opportunities in Southeast Asia

This paper focuses on the adaptation strategies of developing countries and the possible adaptation options available for Southeast Asia. Adaptation refers to the actions taken by individuals, communities, or governments in response to climate change, to reduce the adverse impacts or to take advantage of opportunities offered by such changes. Adaptation strategies have hardly been considered by many Southeast Asian countries in as recently as two or three years ago.

To mitigate or to adapt: How to confront global climate change

We analyze the strategic interaction between mitigation and adaptation in a non-cooperative game in which regions are players and mitigation and adaptation are perfect substitutes in protecting against climate impacts. We allow for step by step decision making, with mitigation chosen first and adaptation second, and where the benefits of mitigation accrue only in the future. If marginal costs of adaptation decline with global mitigation, high income regions simultaneously invest in mitigation and adaptation. Low income regions engage in mitigation only.

The scope for adaptation to climate change : what can we learn from the impact literature?

Neither the costs nor the benefits of adaptation to climate change have been systematically studied so far. This paper discusses the extent to which the vast body of literature on climate change impacts can provide insights into the scope and likely cost of adaptation. The ways in which the impacts literature deals with adaptation can be grouped into four categories: no adaptation, arbitrary adaptation, observed adaptation (analogues), and modeled adaptation (optimization). All four cases are characterized by the simple assumptions made about the mechanisms of adaptation.

Mainstreaming climate adaptation into development assistance in Mozambique : institutional barriers and opportunities

Based on a literature review and expert interviews, this paper analyzes the most important climate impacts on development goals and explores relevant institutions in the context of mainstreaming climate adaptation into development assistance in Mozambique. Climate variability and change can significantly hinder progress toward attaining the Millennium Development Goals and poverty aggravates the country’s climate vulnerability.

Ökonomie des Klimawandels integrierte ökonomische Bewertung der Instrumente zur Anpassung an den Klimawandel.

This study has the overall objective to make proposals for action for the implementation of the National Adaptation Strategy of the German federal government addressing finance and incentive structures. On that account, the current state of research on the economics of climate change and the adaptation to it is assessed, an overview on specific policy measures is given, and possible evaluation criteria of these instruments are created. By means of a illustrative multi-criterion analysis, specific instruments are evaluated.

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