Friday, 19 March 2010

Economics | Environment | Adapting to climate change

This paper, by Federica Cimato and Michael Mullan, is the first in Defra's new Evidence and Analysis Series. It explains how a number of barriers to adaptation (market failures, behavioural barriers, adaptive capacity, natural capacity) may affect adaptation decisions, and provides a framework for considering the Government’s role and identifies implications for policy design. It also identifies the priority areas for future research on the economics of adaptation.

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