Sentences with phrase «economic costs of both adaptation»

Delay in initiating effective mitigation actions increases significantly the long - term social and economic costs of both adaptation and mitigation.

Not exact matches

Although on - the - ground adaptations may necessarily focus on the short term scales of economic cost / benefit, it would be best if they were cognizant of the more certain long - term outcomes.

But a quick summary of some of my thoughts: I think a case can be made for some combination of equal per - capita payback and tax reduction, but the rationale for this must be that this somehow compensates for the costs of global warming or adaptation to that; as much of this occurs in the future (with different people), this is private sector economic investment to boost the economy now so that it may make itself more robust in the future -LRB-?).

There is an urgent need to scale up financial flows, particularly financial support to developing countries; to create positive incentives for actions; to finance the incremental costs of cleaner and low - carbon technologies; to make more efficient use of funds directed toward climate change; to realize the full potential of appropriate market mechanisms that can provide pricing signals and economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower costs by creating appropriate incentives for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and adaptation.

It would be difficult to argue otherwise; however, since Monckton has not provided a single example of an economic analysis which concludes that the costs of adaptation will be less than the costs of carbon pricing, it is difficult to ascertain exactly what he considers a «serious economic analysis.»

Activities supported by the five regional commissions include, among others, the creation of strategies to integrate climate change consideration into development plans, the assessment of the economic impacts of climate change, and the evaluation of the costs of mitigation and adaptation.

The scope of this chapter, with a focus on food crops, pastures and livestock, industrial crops and biofuels, forestry (commercial forests), aquaculture and fisheries, and small - holder and subsistence agriculturalists and artisanal fishers, is to: examine current climate sensitivities / vulnerabilities; consider future trends in climate, global and regional food security, forestry and fisheries production; review key future impacts of climate change in food crops pasture and livestock production, industrial crops and biofuels, forestry, fisheries, and small - holder and subsistence agriculture; assess the effectiveness of adaptation in offsetting damages and identify adaptation options, including planned adaptation to climate change; examine the social and economic costs of climate change in those sectors; and, explore the implications of responding to climate change for sustainable development.

This analytical report shows the wide range of adverse impacts of climate change in Africa and assesses the balance of economic costs, as a function of a range of scenarios including both successful and failed global mitigation efforts, and strong compared to weak implementation of adaptation measures.

But economic analysis, which focuses on the monetary costs and benefits of an option, is just one important component of decision making relating to adaptation alternatives, and final decisions about such measures are almost never based on this information alone.

The estimated global cost, after adaptation, is $ 200B for 0.5 m rise and $ 1T for 1 m rise in 2100: The economic impact of substantial sea - level rise These costs are dwarfed by the benefits for agriculture and health (see Figure 3 in the first link).

There has been discussion of the potential for adaptation and mitigation as substitutes within narrow economic analysis (cost - benefit frameworks), and some studies have tried to assess the optimal policy balance of mitigation and adaptation using CBA based on IAMs.

Further delayed action will escalate the cost of adaptation well beyond our economic capacity.

Climate impacts cost time and money by damaging critical infrastructure, disrupting economic activity, escalating medical expenses, losing work days, and requiring adaptations such as moving people out of harm's way.