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Saturday, January 9, 2010

UNFCCC Review of Adaptation Costs and Benefits

For those interested in information on the costs and benefits of adaptation, the UNFCCC has prepared a literature review. Potential Costs and Benefits of Adaptation Options:
A Review of Existing Literature
reviews methodological approaches for cost and benefit analysis of adaptation as well as global, national and sub-national studies of costs and benefits. However, the study reveals much of the information on adaptation costs and benefits targets the global or national level, largely to either a) justify expenditures on greenhouse gas mitigation, or b) identify the adaptation needs of the developing world. Yet the implementation of adaptation is likely to proceed at the local level on a project-by-project basis. Hence, and as recommended in the UNFCCC report, significant effort should be invested in the future in better characterising adaptation costs and benefits at the local scale.

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