The Costs and Benefits of Adaptation

Description

This policy summary synthesises the evidence base on the costs and benefits of adaptation, based on a detailed review. It draws on the research and analysis of the ECONADAPT project, funded by the European Union’s Seventh Framework Programme.

The summary starts with a brief introduction to the challenges involved in estimating the costs and benefits of adaptation. It then assesses the recent evidence, looking at national and sectoral studies, and considering the available estimates and their use in economic assessments. Finally, the findings from the review are highlighted and gaps identified.

A full version of the review on the costs and benefits of adaptation is available at the ECONADAPT project web-site. 

Reference information