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Costs of adaptation to climate change – assessing the public budgets in Austria

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The project PACINAS (Public adaptation – Investigating the Austrian adaptation strategy) addresses the costs of adaptation to climate change for the public budget at the federal, provincial and city level in Austria. The project developed two costing methodologies to estimate adaptation relevant expenditures in the current budget and to assess possible future developments (adaptation pathways). One key finding is that current adaptation costs are 8% of the relevant federal budget positions (agriculture, forestry, water, transport, environment) in 2014.

Read more on the PACINAS website.

Date: 14 Jun 2017
Filed under: cost, benefit