Chapter

Economic Perspectives on Climate Adaptation

Fredrich Kahrl and David Roland-Holst

in Climate Change in California

Published by University of California Press

Published in print September 2012 | ISBN: 9780520271814
Published online January 2013 | e-ISBN: 9780520953802 | DOI: http://dx.doi.org/10.1525/california/9780520271814.003.0002
Economic Perspectives on Climate Adaptation

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A changing climate creates both economic risks and rewards, but these are very uncertain and are spread unevenly across space, time, and society. Climate-change adaptation thus presents complex issues of political economy. This chapter discusses five dimensions of this political economy: uncertainty, costs, timing, fairness, incentives, and institutions.

Keywords: climatechange; economics; adaptation; cost; risk allocation; incentives; equity

Chapter.  4506 words. 

Subjects: Biodiversity and Conservation Biology

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