The Economics of Climate-Resilient Development


Book Description

Some climate change is now inevitable and strategies to adapt to these changes are quickly developing. The question is particularly paramount for low-income countries, which are likely to be most affected. This timely and unique book takes an integrated look at the twin challenges of climate change and development. The book treats adaptation to climate change as an issue of climate-resilient development, rather than as a bespoke set of activities (flood defences, drought plans, and so on), combining climate and development challenges into a single strategy. It asks how the standard approaches to development need to change, and what socio-economic trends and urbanisation mean for the vulnerability of developing countries to climate risks. Combining conceptual thinking with practical policy prescriptions and experience the contributors argue that, to address these questions, climate risk has to be embedded fully into wider development strategies













Climate-Resilient Development


Book Description

The concept of resilience currently infuses policy debates and public discourse, and is promoted as a normative concept in climate policy making by governments, non-governmental organizations, and think-tanks. This book critically discusses climate-resilient development in the context of current deficiencies of multilateral climate management strategies and processes. It analyses innovative climate policy options at national, (inter-)regional, and local levels from a mainly Southern perspective, thus contributing to the topical debate on alternative climate governance and resilient development models. Case studies from Africa, Asia, and Latin America give a ground-level view of how ideas from resilience could be used to inform and guide more radical development and particularly how these ideas might help to rethink the notion of 'progress' in the light of environmental, social, economic, and cultural changes at multiple scales, from local to global. It integrates theory and practice with the aim of providing practical solutions to improve, complement, or, where necessary, reasonably bypass the UNFCCC process through a bottom-up approach which can effectively tap unused climate-resilient development potentials at the local, national, and regional levels. This innovative book gives students and researchers in environmental and development studies as well as policy makers and practitioners a valuable analysis of climate change mitigation and adaptation options in the absence of effective multilateral provisions.




The Economics of Climate Resilience and Adaptation


Book Description

"Managing climate change requires action on both its causes (reducing emissions) and its consequences (adapting to impacts that can no longer be avoided). Human societies can thrive in many climatic conditions. However, such adaptation is not necessarily smooth, and it cannot be taken for granted. This book synthesises the contribution of economics to the study and practice of climate resilience and adaptation. Including an original introduction by the editor, it brings together in one volume some of the most influential articles by economists on climate change adaptation since the topic became a subject of academic interest"--




Climate Change Adaptation


Book Description

Climate change policy has typically emphasized mitigation, calling for reducing emissions and shifting away from fossil fuels. Yet while these efforts have floundered, floods, wildfires, droughts, and other disasters are becoming more frequent and potent. As the risks escalate, we must ask how to adapt to a changing climate. How might farmers modify their practices to maximize food security? Can coastal cities protect their infrastructure from rising seas? Are there strategic ways for developing countries to combine climate resilience with economic growth and poverty reduction? For people and societies around the world, these questions are not theoretical: adaptation is already underway. This book offers a concise overview of climate adaptation governance. In clear, accessible language, Lisa Dale describes key strategies that governments, communities, and the private sector are now deploying. She presents the theory and practice that underlie climate adaptation efforts at local and global scales, providing illuminating case studies that foreground the problems facing developing countries. Dale analyzes the effectiveness of a range of policy interventions, drawing out principles of good governance and discussing how practitioners can navigate complex tradeoffs. She emphasizes equity and inclusion, considering how climate adaptation policy can account for the needs of historically disadvantaged groups. Written for a wide audience, this book is an invaluable introduction for all readers interested in how societies can meet the challenges of an altered climate.




Economic Development under Climate Change


Book Description

Amsalu Woldie Yalew attempts to address the direct and indirect economic effects of climate change, adaptation costs, and adaptation finance in developing countries with emphasis to Ethiopia using a static computable general equilibrium (CGE) model coupled with a regional module. The results show that the economy-wide effects of climate change are profound. Planned public adaptation that aims to fully neutralize climate change-induced agricultural productivity shocks may help to avert the aggregate effects but with residual effects. The results also indicate that structural change underpins climate-resilient development as it contributes to dampen the adverse consequences of climate change on aggregate GDP and households’ welfare.




Building a Climate Resilient Economy and Society


Book Description

Climate change will have a profound impact on human and natural systems, and will also impede economic growth and sustainable development. In this book, leading experts from around the world discuss the challenges and opportunities in building a climate resilient economy and society. The chapters are organised in three sections. The first part explores vulnerability, adaptation and resilience, whilst Part II examines climate resilience-sectoral perspectives covering different sectors such as agriculture, fisheries, marine ecosystems, cities and urban infrastructure, drought prone areas, and renewable energy. In the final part, the authors look at Incentives, institutions and policy, including topics such as carbon pricing, REDD plus, climate finance, the role of institutions and communities, and climate policies. Combining a global focus with detailed case studies of a cross section of regions, countries and sectors, this book will prove to be an invaluable resource.




Constructing the Adaptation Economy


Book Description

Climate resilient development is emerging as a key global policy agenda that integrates climate adaptation and mitigation into sustainable development decisions. For small island developing states (SIDS), development-driven climate agendas have shown to be underscored by neoliberal development paradigms that structure the management and governance of adaptation around financial imperatives from the global climate finance sector. Critical adaptation literature argues that climate financial priorities overcome other concerns for underlying sources of climate vulnerability in governmental decision-making. Yet, there are few studies that document the form and function of climate resilient development within national planning processes-- leaving critical gaps in understanding what these financialized practices mean for how climate vulnerability is defined and managed. To address this gap, this paper connects critical analyses of climate resilient development to the emergence of a new adaptation economy in Antigua and Barbuda, an Eastern Caribbean SIDS. The results illustrate how the function of the adaptation economy is to fix climate vulnerable sites to be targets for investment and development. In Antigua, this produced a national climate agenda that focused on forming climate resilient watershed development through (1) framing already-existing hazards within climate financing-driven narratives on climate vulnerability; (2) defining the economic value of climate vulnerable environmental resources; and (3) re-organizing development planning to focus on growing investments within climate vulnerable areas. Based on these findings, this paper argues that some climate resilient development agendas are seeking to produce new economic models that can profit from adapting to the uncertainties of climate risk, rather than address exploitative development practices that contribute to vulnerability.