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A review of the economics of adaptation and climate-resilient development

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  • Paul Watkiss

Abstract

This working paper aims to inform the development community about the current state-of-knowledge and emerging thinking on the economics of adaptation and the application to development.

Suggested Citation

  • Paul Watkiss, 2015. "A review of the economics of adaptation and climate-resilient development," GRI Working Papers 205, Grantham Research Institute on Climate Change and the Environment.
    • Handle: RePEc:lsg:lsgwps:wp205
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    File URL: http://www.lse.ac.uk/GranthamInstitute/wp-content/uploads/2015/09/Working-Paper-205-Watkiss.pdf
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    References listed on IDEAS

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    1. Agrawala, Shardul & Bosello, Francesco & Carraro, Carlo & de Cian, Enrica & Lanzi, Elisa, 2011. "Adapting to Climate Change: Costs, Benefits, and Modelling Approaches," International Review of Environmental and Resource Economics, now publishers, vol. 5(3), pages 245-284, August.
    2. Ian Wing & Karen Fisher-Vanden, 2013. "Confronting the challenge of integrated assessment of climate adaptation: a conceptual framework," Climatic Change, Springer, vol. 117(3), pages 497-514, April.
    3. Jeuland, Marc & Whittington, Dale, 2013. "Water Resources Planning under Climate Change: A “Real Options†Application to Investment Planning in the Blue Nile," RFF Working Paper Series dp-13-05-efd, Resources for the Future.
    4. Leo Dobes, 2010. "Notes on Applying 'Real Options' to Climate Change Adaptation Measures, with Examples from Vietnam," CCEP Working Papers 0710, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    5. Peter Linquiti & Nicholas Vonortas, 2012. "The Value Of Flexibility In Adapting To Climate Change: A Real Options Analysis Of Investments In Coastal Defense," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-33.
    6. Anthoff, David & Tol, Richard S.J., 2010. "On international equity weights and national decision making on climate change," Journal of Environmental Economics and Management, Elsevier, vol. 60(1), pages 14-20, July.
    7. Salvatore Di Falco & Marcella Veronesi, 2013. "How Can African Agriculture Adapt to Climate Change? A Counterfactual Analysis from Ethiopia," Land Economics, University of Wisconsin Press, vol. 89(4), pages 743-766.
    8. Cira,Dean A. & Kalra,Nidhi Rajiv & Lempert,Robert J. & Lotsch,Alexander & Mao, Zhimin & Peyraud, Suzanne & Bach,Sinh Tan, 2013. "Ensuring robust flood risk management in Ho Chi Minh city," Policy Research Working Paper Series 6465, The World Bank.
    9. Fankhauser, Samuel & Smith, Joel B. & Tol, Richard S. J., 1999. "Weathering climate change: some simple rules to guide adaptation decisions," Ecological Economics, Elsevier, vol. 30(1), pages 67-78, July.
    10. Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009. "Equity weighting and the marginal damage costs of climate change," Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
    11. World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Publications - Reports 12750, The World Bank Group.
    12. Daniel Osberghaus & Astrid Dannenberg & Tim Mennel & Bodo Sturm, 2010. "The Role of the Government in Adaptation to Climate Change," Environment and Planning C, , vol. 28(5), pages 834-850, October.
    13. Klaus Eisenack & Rebecca Stecker, 2012. "A framework for analyzing climate change adaptations as actions," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 17(3), pages 243-260, March.
    14. Hallegatte, Stephane & Shah, Ankur & Lempert, Robert & Brown, Casey & Gill, Stuart, 2012. "Investment decision making under deep uncertainty -- application to climate change," Policy Research Working Paper Series 6193, The World Bank.
    15. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    16. Oberlack, Christoph & Neumärker, Bernhard, 2011. "Economics, institutions and adaptation to climate change," The Constitutional Economics Network Working Papers 04-2011, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    17. Li, Jia & Mullan, Michael & Helgeson, Jennifer, 2014. "Improving the practice of economic analysis of climate change adaptation," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 5(3), pages 445-467, December.
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    Cited by:

    1. Paul Watkiss & Federica Cimato, 2016. "The economics of adaptation and climate-resilient development: lessons from projects for key adaptation challenges," GRI Working Papers 235, Grantham Research Institute on Climate Change and the Environment.
    2. Andersen, Lykke E., 2015. "Changing priorities in climate change research and adaptation policy," PEGNet Policy Briefs 3/2015, PEGNet - Poverty Reduction, Equity and Growth Network, Kiel Institute for the World Economy (IfW Kiel).
    3. Alexander Bisaro & Mark Bel & Jochen Hinkel & Sien Kok & Laurens M. Bouwer, 2020. "Leveraging public adaptation finance through urban land reclamation: cases from Germany, the Netherlands and the Maldives," Climatic Change, Springer, vol. 160(4), pages 671-689, June.
    4. Sonja, Vermeulen & Meryl, Richards & Alessandro, De Pinto & Dino, Ferrarese & Peter, Läderach & Le, Lan & Marty, Luckert & Enrico, Mazzoli & Laura, Plant & Roberto, Rinaldi & Jim, Stephenson & Paul, W, 2016. "The Economic Advantage: Assessing the value of climate-change actions in agriculture," IFAD Advantage Series 304740, International Fund for Agricultural Development (IFAD).
    5. Thornton, Philip K. & Whitbread, Anthony & Baedeker, Tobias & Cairns, Jill & Claessens, Lieven & Baethgen, Walter & Bunn, Christian & Friedmann, Michael & Giller, Ken E. & Herrero, Mario & Howden, Mar, 2018. "A framework for priority-setting in climate smart agriculture research," Agricultural Systems, Elsevier, vol. 167(C), pages 161-175.
    6. Amsalu Woldie Yalew & Georg Hirte & Hermann Lotze-Campen & Stefan Tscharaktschiew, 2019. "The Synergies and Trade-Offs of Planned Adaptation in Agriculture: a General Equilibrium Analysis for Ethiopia," Economics of Disasters and Climate Change, Springer, vol. 3(3), pages 213-233, October.

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