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The economics of adaptation and climate-resilient development: lessons from projects for key adaptation challenges

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  • Paul Watkiss
  • Federica Cimato

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. The paper explores a number of key challenges on the economics of adaptation, and investigates examples of how these are being addressed in practical case studies. The case studies are drawn from the portfolio of the International Development Research Centre (IDRC) and the wider literature. The key areas of focus have been to assess: – Mainstreaming adaptation into development planning. – The analysis and appraisal of building (adaptive) capacity and non-technical adaptation. – The consideration of distributional effects. – The phasing and prioritisation of adaptation and the application of light-touch approaches for decision making under uncertainty.

Suggested Citation

  • 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.
    • Handle: RePEc:lsg:lsgwps:wp235
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    References listed on IDEAS

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    2. 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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