The Economics of Adaptation to Extreme Weather Events in Developing Countries
AbstractWithout international assistance, developing countries will adapt to climate change as best they can. Part of the cost will be absorbed by households and part by the public sector. Adaptation costs will themselves be affected by socioeconomic development, which will also be affected by climate change. Without a better understanding of these interactions, it will be difficult for climate negotiators and donor institutions to determine the appropriate levels and modes of adaptation assistance. This paper contributes by assessing the economics of adaptation to extreme weather events. We address several questions that are relevant for the international discussion: How will climate change alter the incidence of these events, and how will their impact be distributed geographically? How will future socioeconomic development, notably an increased focus on education and empowerment for women and girls, affect the vulnerability of affected communities? And, of primary interest to negotiators and donors, how much would it cost to neutralize the threat of additional losses in this context?
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Bibliographic InfoPaper provided by Center for Global Development in its series Working Papers with number 199.
Length: 35 pages
Date of creation: Jan 2010
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Web page: http://www.cgdev.org
women; girls; extreme weather; education; economic development; climate change;
Other versions of this item:
- Susmita Dasgupta & Benoit Laplante & David Wheeler & Brian Blankespoor, 2010. "The Economics of Adaptation to Extreme Weather Events in Developing Countries," Working Papers id:2509, eSocialSciences.
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-02-05 (All new papers)
- NEP-ENE-2010-02-05 (Energy Economics)
- NEP-ENV-2010-02-05 (Environmental Economics)
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- David Wheeler & Dan Hammer, 2010. "The Economics of Population Policy for Carbon Emissions Reduction in Developing Countries," Working Papers id:3231, eSocialSciences.
- Aryeetey, Ernest & Devarajan, Shantayanan & Kanbur, Ravi & Kasekende, Louis, 2011. "The Economics Of Africa," Working Papers 126537, Cornell University, Department of Applied Economics and Management.
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Policy Research Working Paper Series
6326, The World Bank.
- Kousky, Carolyn, 2012. "Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options," Discussion Papers dp-12-28, Resources For the Future.
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