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Economic Evaluation of Climate Change Adaptation Projects: Approaches for the Agricultural Sector and Beyond

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dc.contributor.authorWorld Bank
dc.date.accessioned2017-08-14T19:13:16Z
dc.date.available2017-08-14T19:13:16Z
dc.date.issued2010
dc.description.abstractThis paper identifies key challenges and solutions for carrying out project-level economic analysis of adaptation to climate change, both stand-alone and integrated into broader development projects. Very few projects addressing adaptation thus far have been subject to in-depth and rigorous economic analysis for a variety of reasons, including a lack of guidance on how to deal with assessments of the impacts of climate change, as well as with estimating costs and benefits of adaptation under uncertainty. The paper focus is on the agricultural sector, where the impacts of climate change have the potential to disrupt the livelihoods of rural populations in many regions and where adaptation must be given urgent consideration. Nevertheless, some of the approaches discussed are suitable to projects in other sectors as well. Finally, robust decision making (RDM) can provide an alternative quantitative decision analytic method that avoids subjective probability assessments and scenario predictions. RDM creates hundreds or thousands of plausible futures, in the judgment of the analyst, that are then used to systematically evaluate the performance of alternative actions. This approach facilitates identifying the set of conditions under which any particular alternative adaptation performs well or poorly, according to various evaluation criteria based on the decision maker's judgment. The decision maker can identify 'robust' alternatives that, compared to other alternatives, perform reasonably well across a wide range of plausible futures.en
dc.identifierhttp://documents.worldbank.org/curated/en/354331468176979682/Economic-evaluation-of-climate-change-adaptation-projects-approaches-for-the-agricultural-sector-and-beyond
dc.identifier.doi10.1596/27752
dc.identifier.urihttps://hdl.handle.net/10986/27752
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectABSENCE OF INSURANCE
dc.subjectADAPTATION COMPONENTS
dc.subjectADAPTATION COST
dc.subjectADAPTATION COSTS
dc.subjectADAPTATION DECISIONS
dc.subjectADAPTATION DEFICIT
dc.subjectADAPTATION FINANCING
dc.subjectADAPTATION IN AGRICULTURE
dc.subjectADAPTATION INVESTMENTS
dc.subjectADAPTATION NEEDS
dc.subjectADAPTATION OPTIONS
dc.subjectADAPTATION PROJECT
dc.subjectADAPTATION PROJECTS
dc.subjectADAPTATION RESPONSES
dc.subjectADAPTATION TO CLIMATE
dc.subjectADAPTATIONS
dc.subjectADAPTING
dc.subjectADVERSE IMPACTS OF CLIMATE CHANGE
dc.subjectALLOCATION
dc.subjectANALYSIS OF ADAPTATION
dc.subjectANNUAL PRECIPITATION
dc.subjectASSESSING CLIMATE CHANGE
dc.subjectASSESSMENT OF CLIMATE CHANGE
dc.subjectASSESSMENT OF CLIMATE CHANGE IMPACTS
dc.subjectASSET VALUE
dc.subjectATMOSPHERE
dc.subjectATMOSPHERIC COMPONENTS
dc.subjectAUTONOMOUS ADAPTATION
dc.subjectBENEFITS
dc.subjectBIOPHYSICAL IMPACTS OF CLIMATE CHANGE
dc.subjectCAPACITY
dc.subjectCARBON DIOXIDE
dc.subjectCARBON DIOXIDE CONCENTRATION
dc.subjectCARBON FERTILIZATION
dc.subjectCL
dc.subjectCLIMATE
dc.subjectCLIMATE ADAPTATION
dc.subjectCLIMATE CHANGE ADAPTATION
dc.subjectCLIMATE CHANGE DAMAGES
dc.subjectCLIMATE CHANGE DATA
dc.subjectCLIMATE CHANGE IMPACT
dc.subjectCLIMATE CHANGE IMPACTS
dc.subjectCLIMATE CHANGE PROJECTIONS
dc.subjectCLIMATE CHANGE RISKS
dc.subjectCLIMATE CHANGE SCENARIO
dc.subjectCLIMATE CHANGE SCENARIOS
dc.subjectCLIMATE CHANGE TEAM
dc.subjectCLIMATE CHANGES
dc.subjectCLIMATE CONDITIONS
dc.subjectCLIMATE DATA
dc.subjectCLIMATE EXTREMES
dc.subjectCLIMATE FORECASTS
dc.subjectCLIMATE IMPACTS
dc.subjectCLIMATE PATTERNS
dc.subjectCLIMATE PROJECTIONS
dc.subjectCLIMATE REGIME
dc.subjectCLIMATE RISKS
dc.subjectCLIMATE SCENARIOS
dc.subjectCLIMATE SYSTEM
dc.subjectCLIMATE VARIABILITY
dc.subjectCLIMATE VARIABLE
dc.subjectCLIMATE VARIABLES
dc.subjectCLIMATE-CHANGE
dc.subjectCLIMATE-RELATED HAZARDS
dc.subjectCLIMATES
dc.subjectCLIMATIC CHANGES
dc.subjectCLIMATIC CHARACTERISTICS
dc.subjectCLIMATIC CONDITIONS
dc.subjectCLIMATIC DIFFERENCES
dc.subjectCLIMATIC EVENTS
dc.subjectCLIMATIC EXTREMES
dc.subjectCLIMATIC IMPACTS
dc.subjectCLIMATIC RISKS
dc.subjectCLIMATIC VARIABLES
dc.subjectCO
dc.subjectCOLORS
dc.subjectCONSEQUENCE OF CLIMATE CHANGE
dc.subjectCOST-BENEFIT
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectDAILY TEMPERATURE
dc.subjectDAMAGES
dc.subjectDAP
dc.subjectDEMAND
dc.subjectDIFFUSION
dc.subjectDISCOUNT RATE
dc.subjectDISTRIBUTIONAL IMPACTS
dc.subjectDROUGHT
dc.subjectECOLOGICAL ZONES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC ANALYSES
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC ANALYSIS OF CLIMATE CHANGE
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC EVALUATION OF CLIMATE CHANGE
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC IMPACT OF CLIMATE CHANGE
dc.subjectECONOMIC IMPACTS
dc.subjectECONOMIC MODEL
dc.subjectECONOMIC MODELS
dc.subjectECONOMIC PERSPECTIVE
dc.subjectECONOMICS OF ADAPTATION TO CLIMATE CHANGE
dc.subjectECOSYSTEM
dc.subjectEFFECT OF CLIMATE CHANGE
dc.subjectEMISSION
dc.subjectEMISSION SCENARIOS
dc.subjectEMISSIONS
dc.subjectEMISSIONS SCENARIOS
dc.subjectENERGY
dc.subjectENERGY PRICES
dc.subjectEVAPORATION
dc.subjectEVAPOTRANSPIRATION
dc.subjectEXTREME CLIMATE EVENTS
dc.subjectEXTREME EVENTS
dc.subjectFERTILIZERS
dc.subjectFINANCE
dc.subjectFINANCIAL ANALYSIS
dc.subjectFINANCIAL IMPACTS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL SERVICES
dc.subjectFLOOD
dc.subjectFLOODS
dc.subjectFREQUENCY OF CLIMATE EXTREMES
dc.subjectFUTURE CLIMATE CHANGE
dc.subjectFUTURE CLIMATE VARIABILITY
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectGHG
dc.subjectGLACIERS
dc.subjectGLOBAL CLIMATE
dc.subjectGLOBAL CLIMATE SYSTEM
dc.subjectGLOBAL ENVIRONMENT FACILITY
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGROWTH IN DEMAND
dc.subjectHUMIDITY
dc.subjectHYDROLOGICAL CONDITIONS
dc.subjectHYDROLOGICAL MODEL
dc.subjectHYDROLOGY
dc.subjectIMPACT OF CLIMATE
dc.subjectIMPACT OF CLIMATE CHANGE ON AGRICULTURE
dc.subjectIMPACTS FROM CLIMATE CHANGE
dc.subjectIMPACTS OF CLIMATE CHANGE
dc.subjectIMPLICATIONS OF CLIMATE CHANGE
dc.subjectINCENTIVES
dc.subjectINCOME
dc.subjectINTENSE RAINFALL
dc.subjectINVESTMENT BEHAVIOR
dc.subjectINVESTMENTS
dc.subjectIPCC
dc.subjectLAND DEGRADATION
dc.subjectLEAD
dc.subjectLESS
dc.subjectLOCAL CLIMATE
dc.subjectLOCAL CLIMATE CONDITIONS
dc.subjectLONG-TERM DISCOUNTING
dc.subjectLOW-CARBON
dc.subjectLOWER DISCOUNT RATE
dc.subjectMALADAPTATION
dc.subjectMARKET
dc.subjectMARKETS
dc.subjectMETEOROLOGY
dc.subjectMODELS
dc.subjectMONETARY COSTS
dc.subjectMONETARY TERMS
dc.subjectMONETARY VALUE
dc.subjectNEGATIVE IMPACTS
dc.subjectNO
dc.subjectOFFSETS
dc.subjectPLANT GROWTH
dc.subjectPOLICIES
dc.subjectPOLICY
dc.subjectPRECIPITATION
dc.subjectPRESENT VALUE
dc.subjectPRICE
dc.subjectPRICES
dc.subjectPROBABILITY DISTRIBUTION
dc.subjectPROBABILITY DISTRIBUTIONS
dc.subjectRAINFALL
dc.subjectRAINFALL EVENTS
dc.subjectRAINFALL VARIABILITY
dc.subjectREGIONAL CLIMATE
dc.subjectREGIONAL CLIMATE MODEL
dc.subjectRESILIENCE TO CLIMATE CHANGE
dc.subjectRESPONSE TO CLIMATE CHANGE
dc.subjectREVENUES
dc.subjectRISK MANAGEMENT
dc.subjectSCENARIOS
dc.subjectSEA LEVEL RISE
dc.subjectSEASON
dc.subjectSEASONAL CLIMATE
dc.subjectSOLAR RADIATION
dc.subjectSUPPLY
dc.subjectSURFACE RUNOFF
dc.subjectSURFACE WATER
dc.subjectTEMPERATURE
dc.subjectTEMPERATURE INCREASES
dc.subjectTEMPERATURE RISE
dc.subjectTEMPERATURES
dc.subjectTHREATS OF CLIMATE CHANGE
dc.subjectUNCERTAINTIES
dc.subjectVARIABILITY DUE TO CLIMATE CHANGE
dc.subjectVARIABILITY OF CLIMATE
dc.subjectVULNERABILITY TO CLIMATE CHANGE
dc.subjectVULNERABILITY TO CLIMATE RISKS
dc.titleEconomic Evaluation of Climate Change Adaptation Projectsen
dc.title.subtitleApproaches for the Agricultural Sector and Beyonden
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleEconomic Evaluation of Climate Change Adaptation Projects
okr.date.disclosure2010-07-13
okr.date.doiregistration2025-05-05T11:54:27.020964Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/354331468176979682/Economic-evaluation-of-climate-change-adaptation-projects-approaches-for-the-agricultural-sector-and-beyond
okr.guid354331468176979682
okr.identifier.externaldocumentum000333038_20100713004944
okr.identifier.internaldocumentum12536604
okr.identifier.report55470
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/354331468176979682/pdf/554700WP0D1CC010Box349454B01PUBLIC1.pdfen
okr.topicEnvironment::Adaptation to Climate Change
okr.topicEnvironment::Environmental Economics & Policies
okr.topicAgriculture::Climate Change and Agriculture
okr.unitClimate Policy & Finance (CPF)
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