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

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Edited by Sam Fankhauser and Thomas K.J. McDermott

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

Extract

3.1 When disasters hit in the past, poor people were more likely to be affected 38 3.2 Poor people lose a larger percentage of assets after floods and storms 39 3.3 majority of health expenditures in low-ncome A i countries come from out- f- ocket o p 44 5.1 Potential for investment in produced capital in sub-Saharan Africa 83 5.2 Irrigation infrastructure intensity gaps in sub- aharan Africa 85 S 5.3 Planned hydropower generation capacity in sub-Saharan Africa 86 5.4 Paved road infrastructure intensity gaps in sub-Saharan Africa 87 5.5 Education spending gaps in sub- aharan Africa S 88 5.6 Comparing benchmarking methods for access to improved water 90 5.7 Comparing benchmarking methods for internet communications infrastructure 91 5.8 Access to finance across sub- aharan Africa S 93 5.9 Standardized World Governance Index (WGI) scores in sub- aharan Africa S 95 5.10 The top eight countries in terms of likely future investment 96 6.1 Decision support tools for adaptation economic appraisal 111 8.1 Compact, Connected, Coordinated: the 3C model of urban growth and climate resilience 154 10.1 Disaster risk financing and insurance pillars 188 10.2 The layering approach for risk reduction and risk financing 190 10.3 The coverage of micro-nsurance i 193 10.4 Natural disaster risk financing schemes in low-and middle-income countries 194 vii M3970 - FANKHAUSER TEXT.indd 7 21/06/2016 13:17