All Resources on the Economics of Adaptation

This tab includes all resources on the economics of adaptation in the Adaptation Clearinghouse, including plans addressing economic impacts and reports describing the economic benefits of adaptation actions. Filter this list by sector or impact.

 

 

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A global economic assessment of city policies to reduce climate change impacts

May 29, 2017

This report provides a quantitative assessment of the economic costs of the joint impacts of local and global climate change for all main cities around the world. The study was conducted by an international team of economists looking at the combined impact of global and local climate change on urban economies, with a focus on urban heat. Published in the journal Nature Climate Change, the analysis of 1,692 cities shows that the total economic costs of climate change for cities this century could be 2.

Authors or Affiliated Users: Francisco Estrada, W. J. Wouter Botzen, Richard S. J. Tol

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Planning for Climate Resilience City of Asheville, North Carolina: Phase I Assessment

June 1, 2017

The City of Asheville, North Carolina has identified climate-relate threats and hazards in this assessment to inform Asheville's climate resiliency planning efforts. The city used the information from the Assessment in updating its comprehensive plan, "Living Asheville," which was adopted in June 2018.

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Comparing Sea Level Rise Adaptation Strategies in San Diego: An Application of the NOAA Economic Framework

June 2017

The San Diego Regional Climate Collaborative worked with local jurisdictions to analyze the costs and benefits of different coastal resilience strategies in two San Diego, California jurisdictions (the cities of Del Mar and Carlsbad). This report presents the quantified economic value of properties at risk from sea-level rise impacts, and the evaluation of the costs and benefits of a range of adaptation strategies, including protection, accommodation and retreat. The study found that all of the adaptation strategies evaluated had a positive return on investment given sea-level rise projections, some delivering over $70 of benefits for a $1 investment.

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The Economic Impact of the 2016 Loma Fire

2017

Developed by Earth Economics and requested by the Santa Clara Valley Open Space Authority (OSA), this report offers an assessment of the comprehensive economic impact of the 2016 Loma Fire that occurred in the Santa Cruz mountains of California. The report details the cost of lost ecosystem services, and the process of assessing these costs. Earth Economics also provides recommendations for mitigating future fire-related risk. The OSA requested this analysis in order to better understand the true costs of wildfire events, and how management practices and policies can be modified to reduce overall risk as climate change increases the incidence and intensity of wildfire events.

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Maryland Coastal Resiliency Assessment

March 2016

The Maryland Department of Natural Resources (DNR) partnered with The Nature Conservancy and Chesapeake and Coastal Services to conduct a Statewide Coastal Resiliency Assessment. The study identified areas where natural habitats provide the greatest potential hazard risk reduction hazards for Maryland’s coastal communities, and determined priority areas for coastal conservation and restoration activities. Habitats play a large role in risk reduction for coastal community resiliency in Maryland such as greatly reducing the impacts of climate impacted coastal hazards such as sea level rise and storm surge.

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Rhode Island Special House Commission to Study Economic Risk Due to Flooding and Sea Level Rise - Final Report

May 12, 2016

In June 2015, the Rhode Island resolution H-5478 created an 11 member special legislative study Commission whose purpose was to study and make recommendations concerning the economic risks relating to, and resulting from, sea rise and flooding in Rhode Island, and who would report back to the General Assembly by January of 2016. 

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Weathering the Next Storm: A Closer Look at Business Resilience

September 2015

Weathering the Next Storm from the Center for Climate and Energy Solutions (C2ES) is a comprehensive overview of the state of climate risk assessment and resilience planning within the business community, and provides business resilience strategies for climate change vulnerabilities. The report identifies various approaches companies are using to address climate risks, examines challenges in managing and reporting those risks, and offers strategies for climate risk management within the private sector.

Authors or Affiliated Users: Janet Peace, Katy Maher

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The Bottom Line on Climate Change - Come Heat and High Water: Climate Risk in the Southeastern U.S. and Texas

July 30, 2015

This report was developed by the Risky Business Project, whose mission is to quantify the economic risks to the U.S. from unmitigated climate change. This report focuses on the Southeast and Texas and offers a first step toward defining the range of potential economic consequences to this region based on current climate projections through 2100.

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Populations Vulnerable to Climate Change in New Jersey: Update of a Statistical Analysis

June 2015

In order to characterize and locate frontline communities in New Jersey, this study examines the demographic and geographic attributes of socially-vulnerable groups and their exposure to flooding (the cause of nearly all past presidential declarations in the state). The research revealed that a disproportionate number of highly socially-vulnerable census tracts are located in flood hazard areas.

Authors or Affiliated Users: Kelly Pflicke (Bickers), Michael Greenberg, Jennifer Whytlaw, Jeanne Herb, Marjorie Kaplan

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State of Corporate Adaptation Survey 2015

June 2015

The University of Notre Dame’s Global Adaptation Index (ND-GAIN) and consultant firm Four Twenty Seven, with support from Business for Social Responsibility, launched and published the 2015 Corporate Adaptation report to generate insights into whether and how enterprises are preparing for the physical impacts of climate change. The report is expected to further the collective understanding of best practices, barriers and enablers, and strategies to prepare for climate change in the corporate world.

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