A global overview of case studies with a focus on infrastructure: economics of climate adaptation - shaping climate-resilient development
This paper overviews the case studies evaluating economics of climate adaptation (ECA) and ranging from assessments of tropical cyclone and storm surge risk in New York to drought risk in India and flash flood risk in Guyana. The ECA methodology is a guide that addresses the questions of climate-related losses and preventive measures to avert these losses in a more systematic way. Looking ahead to 2030 or 2050, it provides decision makers with the facts to understand the total climate risk in their region and design an appropriate adaptation strategy. It highlights that decision makers need the facts to identify the most cost effective investments.