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Designing climate change adaptation policies : an economic framework

Author

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  • Hallegatte, Stephane
  • Lecocq, Franck
  • de Perthuis, Christian

Abstract

Adaptation has long been neglected in the debate and policies surrounding climate change. However, increasing awareness of climate change has led many stakeholders to look for the best way to limit its consequences and has resulted in a large number of initiatives related to adaptation, particularly at the local level. This report proposes a general economic framework to help stakeholders in the public sector to develop effective adaptation strategies. To do so, it lays out the general issues involved in adaptation, including the role of uncertainty and inertia, and the need to consider structural changes in addition to marginal adjustments. Then, it identifies the reasons for legitimate public action in terms of adaptation, and four main domains of action: the production and dissemination of information on climate change and its impacts; the adaptation of standards, regulations and fiscal policies; the required changes in institutions; and direct adaptation actions of governments and local communities in terms of public infrastructure, public buildings and ecosystems. Finally, the report suggests a method to build public adaptation plans and to assess the desirability of possible policies.

Suggested Citation

  • Hallegatte, Stephane & Lecocq, Franck & de Perthuis, Christian, 2011. "Designing climate change adaptation policies : an economic framework," Policy Research Working Paper Series 5568, The World Bank.
  • Handle: RePEc:wbk:wbrwps:5568
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    1. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, March.
    2. repec:dau:papers:123456789/9506 is not listed on IDEAS
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    Cited by:

    1. Wang, Teng & Yi, Fujin & Liu, Huilin & Wu, Ximing & Zhong, Funing, 2021. "Can Agricultural Mechanization Have a Mitigation Effect on China's Yield Variability?," 2021 Conference, August 17-31, 2021, Virtual 315098, International Association of Agricultural Economists.
    2. Ruggiero Sardaro & Nicola Faccilongo & Francesco Contò & Piermichele La Sala, 2021. "Adaption Actions to Cope with Climate Change: Evidence from Farmers’ Preferences on an Agrobiodiversity Conservation Programme in the Mediterranean Area," Sustainability, MDPI, vol. 13(11), pages 1-17, May.
    3. Strand, Jon, 2014. "Implications of a lowered damage trajectory for mitigation in a continuous-time stochastic model," Energy Economics, Elsevier, vol. 42(C), pages 43-49.
    4. Kai A. Konrad & Marcel Thum, 2012. "The Role of Economic Policy in Climate Change Adaptation," CESifo Working Paper Series 3959, CESifo.
    5. Gino B. Bianco, 2020. "Climate change adaptation, coffee, and corporate social responsibility: challenges and opportunities," International Journal of Corporate Social Responsibility, Springer, vol. 5(1), pages 1-13, December.
    6. Oberlack, Christoph & Neumärker, Bernhard, 2011. "Economics, institutions and adaptation to climate change," The Constitutional Economics Network Working Papers 04-2011, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    7. DeMartino, George & Grabel, Ilene & Scoones, Ian, 2024. "Economics for an uncertain world," World Development, Elsevier, vol. 173(C).
    8. Vincent Viguie & Franck Lecocq & Jean-Marc Touzard, 2014. "Viticulture and Adaptation to Climate Change," Post-Print hal-00982086, HAL.
    9. James Boyer & Jean-Marc Touzard, 2021. "To what extent do an innovation system and cleaner technological regime affect the decision-making process of climate change adaptation? Evidence from wine producers in three wine clusters in France," Post-Print hal-03290224, HAL.
    10. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Fundamental questions on the economics of climate adaptation: Outlines of a new research programme," UFZ Reports 05/2012, Helmholtz Centre for Environmental Research (UFZ).
    11. Omar Chisari & Sebastian Galiani & Sebastian Miller, 2013. "Optimal Adaptation and Mitigation to Climate Change in Small Environmental Economies," Research Department Publications IDB-WP-417, Inter-American Development Bank, Research Department.
    12. Heuson, Clemens & Gawel, Erik & Gebhardt, Oliver & Hansjürgens, Bernd & Lehmann, Paul & Meyer, Volker & Schwarze, Reimund, 2012. "Ökonomische Grundfragen der Klimaanpassung: Umrisse eines neuen Forschungsprogramms," UFZ Reports 02/2012, Helmholtz Centre for Environmental Research (UFZ).
    13. Charles Sims & Sarah E. Null & Josue Medellin-Azuara & Augustina Odame, 2021. "Hurry Up Or Wait: Are Private Investments In Climate Change Adaptation Delayed?," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 12(04), pages 1-36, November.
    14. Vale, Petterson Molina, 2016. "The changing climate of climate change economics," Ecological Economics, Elsevier, vol. 121(C), pages 12-19.
    15. Oberlack, Christoph & Neumärker, Bernhard, 2013. "A diagnostic approach to the institutional analysis of climate adaptation," The Constitutional Economics Network Working Papers 01-2013, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    16. Samuel Fankhauser & Raluca Soare, 2013. "An economic approach to adaptation: illustrations from Europe," Climatic Change, Springer, vol. 118(2), pages 367-379, May.

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    More about this item

    Keywords

    Climate Change Economics; Wetlands; Climate Change Mitigation and Green House Gases; Adaptation to Climate Change; Science of Climate Change;
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