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.




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.







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.




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-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.




Toward Climate-Resilient Development in Nigeria


Book Description

If not addressed in time, climate change is expected to exacerbate Nigeria’s current vulnerability to weather swings and limit its ability to achieve and sustain the objectives of Vision 20:2020 [as defined in http://www.npc.gov.ng /home/doc.aspx?mCatID=68253]. The likely impacts include: • A long-term reduction in crop yields of 20–30 percent • Declining productivity of livestock, with adverse consequences on livelihoods • Increase in food imports (up to 40 percent for rice long term) • Worsening prospects for food security, particularly in the north and the southwest • A long-term decline in GDP of up to 4.5 percent The impacts may be worse if the economy diversifies away from agriculture more slowly than Vision 20:2020 anticipates, or if there is too little irrigation to counter the effects of rising temperatures on rain-fed yields. Equally important, investment decisions made on the basis of historical climate may be wrong: projects ignoring climate change might be either under- or over-designed, with losses (in terms of excess capital costs or foregone revenues) of 20–40 percent of initial capital in the case of irrigation or hydropower. Fortunately, there is a range of technological and management options that make sense, both to better handle current climate variability and to build resilience against a harsher climate: • By 2020 sustainable land management practices applied to 1 million hectares can offset most of the expected shorter-term yield decline; gradual extension of these practices to 50 percent of cropland, possibly combined with extra irrigation, can also counter-balance longer-term climate change impacts. • Climate-smart planning and design of irrigation and hydropower can more than halve the risks and related costs of making the wrong investment decision. The Federal Government could consider 10 short-term priority responses to build resilience to both current climate variability and future change through actions to improve climate governance across sectors, research and extension in agriculture, hydro-meteorological systems; integration of climate factors into the design of irrigation and hydropower projects, and mainstreaming climate concerns into priority programs, such as the Agriculture Transformation Agenda.




Strengthening Climate Resilience Guidance for Governments and Development Co-operation


Book Description

This guidance provides a tool governments and development co-operation can draw on in their efforts to strengthen the resilience of human and natural systems to the impacts of climate change. It highlights three aspirations to consider when planning and implementing action to build climate resilience (country ownership; inclusiveness; and environmental and social sustainability).