The Cost to Developing Countries of Adaptation to Climate Change: New Methods and Estimates - The Global Report of the Economics of Adaptation to Climate Change Study

Summary:

Abstract: _This initial study report, which focuses on the first objective, finds that the cost between 2010 and 2050 of adapting to an approximately 2oC warmer world by 2050 is in the range of $75 billion to $100 billion a year. This range is of the same order of magnitude as the foreign aid that developed countries now give developing countries each year, but it is still a very low percentage of the wealth of countries as measured by their gross domestic product (GDP).

Synthesis report on efforts undertaken to assess the costs and benefits of adaptation options, and views on lessons learned, good practices, gaps and needs

Author(s):
UNFCCC - Note by the secretariat
Year:
2010
City:
Bonn
Volume:
FCCC/SBSTA/2010/3
Pages:
3
Summary:

Building upon the technical paper containing a review of the existing literature on the potential costs and benefits of adaptation options (FCCC/TP/2009/2), this report synthesizes information contained in submissions from Parties and relevant organizations, and other relevant sources, on efforts undertaken to assess the costs and benefits of adaptation options. A summary of lessons learned and good practices is provided.