The Economics of Climate-Resilient Development

The Economics of Climate-Resilient Development

Edited by Sam Fankhauser and Thomas K.J. McDermott

Some climate change is now inevitable and strategies to adapt to these changes are quickly developing. The question is particularly paramount for low-income countries, which are likely to be most affected. This timely and unique book takes an integrated look at the twin challenges of climate change and development. The book treats adaptation to climate change as an issue of climate-resilient development, rather than as a bespoke set of activities (flood defences, drought plans, and so on), combining climate and development challenges into a single strategy. It asks how the standard approaches to development need to change, and what socio-economic trends and urbanisation mean for the vulnerability of developing countries to climate risks. Combining conceptual thinking with practical policy prescriptions and experience the contributors argue that, to address these questions, climate risk has to be embedded fully into wider development strategies

Contents

Edited by Sam Fankhauser and Thomas K.J. McDermott

Subjects: economics and finance, development economics, environmental economics, environment, climate change, environmental economics

Extract

List of figures vii List of tables viii List of boxes ix List of contributors x Acknowledgements xii 1 Climate- esilient development: an introduction r Sam Fankhauser and Thomas K.J. McDermott PART I CONCEPTS 2 The role of climate in development David Castells- uintana, Maria del Pilar Lopez- ribe and Q U Thomas K.J. McDermott 3 Poverty and climate change Stephane Hallegatte, Mook Bangalore, Laura Bonzanigo, Marianne Fay, Tamaro Kane, Ulf Narloch, Julie Rozenberg, David Treguer and Adrien Vogt- chilb S 4 Coping with climate risk: the options David Castells- uintana, Maria del Pilar Lopez- ribe and Q U Thomas K.J. McDermott 15 1 33 53 5 Locking in climate vulnerability: where are the investment hotspots? 77 Simon Dietz, Charlie Dixon and John Ward 6 Assessing climate- esilient development options r Paul Watkiss and Alistair Hunt PART II ACTIONS 7 Adaptation experience and prioritization Paul Watkiss 125 99 v M3970 - FANKHAUSER TEXT.indd 5 21/06/2016 13:17 vi The economics of climate- esilient development r 8 Climate-resilient cities Hélia Costa, Graham Floater and Jared Finnegan 143 164 9 Climate- esilient development in agrarian economies r Mintewab Bezabih, Stefania Lovo, Gregor Singer and Courtney McLaren 10 Insurance instruments for climate- esilient development r Swenja Surminski 11 Migration and climate- esilient development r Maria Waldinger 184 204 Index 223 M3970 - FANKHAUSER TEXT.indd 6 21/06/2016 13:17