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Designing Climate Change Adaptation Policies : An Economic Framework

Lecocq, Franck; Hallegatte, Stéphane; De Perthuis, Christian (2011-02), Designing Climate Change Adaptation Policies : An Economic Framework. https://basepub.dauphine.fr/handle/123456789/7780

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11-02-WB-Adaptation-to-Climate-change-an-Economic-Framework.pdf (939.7Kb)
Type
Document de travail / Working paper
Date
2011-02
Publisher
The World Bank
Series title
Policy Research Working Paper
Series number
5568
Published in
Washington, DC
Pages
41
Metadata
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Author(s)
Lecocq, Franck
Hallegatte, Stéphane
De Perthuis, Christian
Abstract (EN)
Adaptation has long been neglected in the debate and policies surrounding climate change. However, increasing awareness of climate change has led many stakeholders to look for the best way to limit its consequences and has resulted in a large number of initiatives related to adaptation, particularly at the local level. This report proposes a general economic framework to help stakeholders in the public sector to develop effective adaptation strategies. To do so, it lays out the general issues involved in adaptation, including the role of uncertainty and inertia, and the need to consider structural changes in addition to marginal adjustments. Then, it identifies the reasons for legitimate public action in terms of adaptation, and four main domains of action: the production and dissemination of information on climate change and its impacts; the adaptation of standards, regulations and fiscal policies; the required changes in institutions; and direct adaptation actions of governments and local communities in terms of public infrastructure, public buildings and ecosystems. Finally, the report suggests a method to build public adaptation plans and to assess the desirability of possible policies.
Subjects / Keywords
Global Warming; Sustainable Development; Government Policy
JEL
Q01 - Sustainable Development
Q54 - Climate; Natural Disasters and Their Management; Global Warming
Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Q58 - Government Policy

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