People adapt to climate change, reducing the negative impacts and increasing the positive impacts. #climateeconomics
Adaptation reduces the need to mitigate climate change, and mitigation reduces the need to adapt. #climateeconomics
Mitigation requires some international cooperation. Adaptation does not. In fact, most adaptation is local and private. #climateeconomics
Most adaptation is private, e.g., clothing during a heatwave. Some adaptation is collective, e.g., siestas. #climateeconomics
Some adaptation requires regulation, e.g., allowing people into air-conditioned shopping malls during heatwaves. #climateeconomics
Some adaptation involves the public sector, e.g., health care during heatwaves, or agricultural extension services. #climateeconomics
Little adaptation is public. Coastal protection and shared water resources are exceptions to the rule. #climateeconomics
The public sector may hinder adaptation, e.g., agricultural subsidies that lock farmers into past behaviour. #climateeconomics
International involvement in adaptation is obsolete except for the bureaucrats and consultants involved. #climateeconomics
International adaptation policy by and large ignores the lessons of decades of development policy. #climateeconomics
Most systems change much faster than the climate, and adaptation will be one of many changes. #climateeconomics
Uncertainty is a major issue for long-lived water infrastructure. Adaptation demands more robustness and flexibility. #climateeconomics
Chapter 12 of #climateeconomics amazon.co.uk/Climate-Econom…, Chapter 8 in 2nd edition amazon.co.uk/Climate-Econom…
Slides and more sites.google.com/site/climateco…
Test your knowledge surveygizmo.com/s3/3261895/Qui…
Further reading biblio.repec.org/entry/tdj.html
Student reported on a project to improve the land registry in the name of climate change. International adaptation assistance is gradually improving. #climateeconomics
