Costing the impacts of climate change in the UK. Overview of guidelines

This report is designed to give non-economists a sound appreciation of guidelines for costing climate impacts and adaptation. It aims to enable decisionmakers to identify research needs and successfully commission and interpret costing studies. The presented costing guidelines include:

• converting indentified and measured impacts of climate change into monetary values;

• calculating the resource costs of adaptation options; and

• weighing up the costs and benefits of the adaptation options, and choosing the preferred option, taking account of risks and uncertainties.

The guidance is prepared for the United Kingdom.