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Economic Analysis of Climate-Proofing Investment Projects

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  • Asian Development Bank Institute

Abstract

This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidate the conduct of the economic analysis of investment projects, nor does it require a new type of economic analysis.

Suggested Citation

  • Asian Development Bank Institute, 2017. "Economic Analysis of Climate-Proofing Investment Projects," Working Papers id:11866, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:11866
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Evelyn L. Wright & Jon D. Erickson, 2003. "Climate variability, economic adaptation, and investment timing," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 3(4), pages 357-368.
    2. Weitzman, Martin L., 1998. "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 201-208, November.
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