IDEAS home Printed from
   My bibliography  Save this paper

Inter-Temporal Investment in Climate Change Adaptation and Mitigation


  • Wang, Weiwei
  • McCarl, Bruce A.


Currently, different dimensions of mitigation strategies have been investigated in policy analysis. However, ambitious mitigation action aiming at reducing future climate change will not prevent much climate change before mid-century. Short-term and medium-term temperature as well as associated damages cannot be avoided completely. Increasingly there appears to be recognition of the need to simultaneously implement adaptation and mitigation. However, the optimal combination between adaptation and mitigation that can best address climate change over time is still an open question. Literature base is rather small, yet very diverse and inconsistent in conclusions. In this paper, we do an exploration of the temporal optimal investment mix between adaptation and mitigation and their relative contributions to climate change damage reduction. By proposing a conceptual framework that integrates both strategies and developing a more complete integrated assessment model, the temporal investment allocation between adaptation and mitigation is identified. Results suggest that adaptation is an effective climate change damages reduction strategy and a complement to mitigation. Adaptation investment tackles the short run reduction of damages in the first 250 years while mitigation dominates from thereon.

Suggested Citation

  • Wang, Weiwei & McCarl, Bruce A., 2011. "Inter-Temporal Investment in Climate Change Adaptation and Mitigation," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103408, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea11:103408
    DOI: 10.22004/ag.econ.103408

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Kelly C. de Bruin & Rob B. Dellink & Richard S.J. Tol, 2007. "AD-DICE: an implementation of adaptation in the DICE model," Working Papers FNU-126, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2007.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Environmental Economics and Policy; Resource /Energy Economics and Policy; Risk and Uncertainty;

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea11:103408. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.