What is the cost of adapting to Climate Change?
Published 12th October 2009 - 1 comments - 1296 views -
Lately, the World Bank revealed the cost of adapting to Climate Change.
As from next year, Head of States in developing countries should start thinking of a new bill of some $75-100 billion per year till 2050.
Experts are arguing that the EACC (The Economics of Adaptation to Climate Change) study is the most in-depth analysis of the economics of adaptation to climate change to date and uses a new methodology for assessing these costs.
In simple terms, the EACC team compared a future world without climate change with a future world with climate change!
Conclusion: The difference between these two worlds entails a series of actions to adapt to the new world conditions. The costs of these additional actions are the costs of adapting to climate change.
Personally, I tend to say it's an inflated figure!
In the meantime I prefer to wait for the second EACC report to be published next Spring which will be based on a seven country case study. This study should facilitate decision makers in developing countries to better understand and assess the risks posed by climate change.
I urge these decision makers to keep the most vulnerable communities in mind!
About the author
- TCKTCK: Got only 10 years to save ourselves!
- Denmark cries in Sea of Blood, 950 Whales and Dolphins KILLED…
- Micro pigs - the ultimate sweetheart energy saver
- If you want to see nude people click here
- Do we really care about our planet? Think twice before answering.
- Evolutions in the history of Environment Part 2
- Bunnies for fuels: not a good story to share in a grade school classroom