Publication:
Balancing Expenditures on Mitigation of and Adaptation to Climate Change : An Exploration of Issues Relevant to Developing Countries

dc.contributor.authorLecocq, Franck
dc.contributor.authorShalizi, Zmarak
dc.date.accessioned2012-06-07T22:24:58Z
dc.date.available2012-06-07T22:24:58Z
dc.date.issued2007-08
dc.description.abstractAlthough climate policies have been so far mostly focused on mitigation, adaptation to climate change is a growing concern in developed and developing countries. This paper discusses how adaptation fits into the global climate strategy, at the global and national levels. To do so, a partial equilibrium optimization model of climate policies-which includes mitigation, proactive adaptation (ex ante), and reactive adaptation (ex post)-is solved without and with uncertainty. Mitigation, proactive adaptation, and reactive adaptation are found to be generally jointly determined. Uncertainty on the location of damages reduces the benefits of "targeted" proactive adaptation with regard to mitigation and reactive adaptation. However, no single country controls global mitigation policies, and budget constraints might make it difficult for developing countries to finance reactive adaptation, especially if climate shocks affect the fiscal base. Rainy-day funds are identified as a supplemental instrument that can alleviate future budget constraints while avoiding the risk of misallocating resources when the location of damages is uncertain.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/08/8018382/balancing-expenditures-mitigation-adaptation-climate-change-exploration-issues-relevant-developing-countries
dc.identifier.doi10.1596/1813-9450-4299
dc.identifier.urihttps://hdl.handle.net/10986/7487
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4299
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABATEMENT COST FUNCTIONS
dc.subjectADAPTATION
dc.subjectADVERSE EFFECTS
dc.subjectADVERSE IMPACTS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURE
dc.subjectAID
dc.subjectASSETS
dc.subjectATTENTION
dc.subjectBARRIER
dc.subjectBEHAVIORAL CHANGES
dc.subjectBENCHMARK
dc.subjectBENEFIT ANALYSIS
dc.subjectBUDGET CONSTRAINTS
dc.subjectCAPACITY BUILDING
dc.subjectCARBON
dc.subjectCARBON EMISSIONS
dc.subjectCLEAN DEVELOPMENT MECHANISM
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATIC CONDITIONS
dc.subjectCOST FUNCTIONS
dc.subjectDAMAGE FUNCTION
dc.subjectDAMAGES
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT AGENCIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICIES
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIMINISHING RETURNS
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNT RATES
dc.subjectECOLOGICAL ECONOMICS
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMICS RESEARCH
dc.subjectECONOMISTS
dc.subjectELASTICITY
dc.subjectEMISSION ABATEMENT
dc.subjectEMISSION REDUCTION
dc.subjectEMISSION REDUCTIONS
dc.subjectEMISSIONS
dc.subjectEMISSIONS REDUCTION
dc.subjectEMPIRICAL RESEARCH
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL ECONOMICS
dc.subjectENVIRONMENTAL TAXATION
dc.subjectEQUATIONS
dc.subjectEQUILIBRIUM
dc.subjectEXPECTED VALUE
dc.subjectEXPENDITURES
dc.subjectEXTERNALITIES
dc.subjectEXTERNALITY
dc.subjectFINANCIAL TRANSFERS
dc.subjectFIXED COSTS
dc.subjectFORESTRY
dc.subjectFUTURE RESEARCH
dc.subjectGDP
dc.subjectGREENHOUSE GASES
dc.subjectGROWTH RATE
dc.subjectINCOME
dc.subjectINFORMATION DISCLOSURE
dc.subjectINSURANCE
dc.subjectINTERGENERATIONAL EQUITY
dc.subjectLEARNING
dc.subjectMAINSTREAM
dc.subjectMARGINAL ABATEMENT
dc.subjectMARGINAL ABATEMENT COSTS
dc.subjectMARGINAL BENEFITS
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL UTILITY
dc.subjectMODELING
dc.subjectMULTIPLIERS
dc.subjectNATIONAL INCOME
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectOIL
dc.subjectOPTIMIZATION
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY MAKERS
dc.subjectPOLLUTION
dc.subjectPOLLUTION CONTROL
dc.subjectPOSITIVE SPILLOVERS
dc.subjectPOWER PLANTS
dc.subjectPRECIPITATION
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC GOOD
dc.subjectPUBLIC GOODS
dc.subjectREASONING
dc.subjectRECOGNITION
dc.subjectREDUCING EMISSIONS
dc.subjectRESOURCE ALLOCATION
dc.subjectRISK AVERSION
dc.subjectRURAL COMMUNITIES
dc.subjectSAVINGS
dc.subjectSOCIAL BENEFITS
dc.subjectSOCIETIES
dc.subjectSOCIETY
dc.subjectTOLERANCE
dc.subjectTRANSPORTATION
dc.subjectUTILITY FUNCTION
dc.subjectVULNERABILITY
dc.subjectWORTH
dc.titleBalancing Expenditures on Mitigation of and Adaptation to Climate Change : An Exploration of Issues Relevant to Developing Countriesen
dspace.entity.typePublication
okr.crossref.titleBalancing expenditures on mitigation of and adaptation to climate change : an exploration of Issues relevant to developing countries
okr.date.doiregistration2025-04-10T09:23:25.835599Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/08/8018382/balancing-expenditures-mitigation-adaptation-climate-change-exploration-issues-relevant-developing-countries
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEducation
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeEnvironment and Natural Resources
okr.guid613371468150587108
okr.identifier.doi10.1596/1813-9450-4299
okr.identifier.externaldocumentum000158349_20070802095523
okr.identifier.internaldocumentum8018382
okr.identifier.reportWPS4299
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/08/02/000158349_20070802095523/Rendered/PDF/wps4299.pdfen
okr.topicEconomic Theory and Research
okr.topicEducation::Educational Sciences
okr.topicEnvironmental Economics and Policies
okr.topicSocial Inclusion and Institutions
okr.topicSocial Protections and Labor::Disability
okr.topicEnvironment
okr.topicMacroeconomics and Economic Growth
okr.topicSocial Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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