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Economic Assessment of Co-benefits of Adaptation to Climate Change

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Ancillary Benefits of Climate Policy

Part of the book series: Springer Climate ((SPCL))

Abstract

Notwithstanding any mitigation efforts, adaptation to climate change is necessary to combat climate damage. The decision to implement adaptation measures should not solely be based on their mere adaptation effect but also on their ancillary effects on other domains. The authors provide a synthesis of the literature reflecting both beneficial and harmful impacts of adaptation measures on other areas. They discuss the side effects of adaptation in five different fields: (1) mitigation, (2) ecological systems, (3) economic development, (4) decisions under uncertainty, and (5) disaster resilience. Based on this broad review, they highlight the difficulty to assess co-benefits and conflicts of adaptation due to the complex interlinkages between the domains, the remaining uncertainty, and the consideration of unquantifiable values.

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Authors and Affiliations

  1. Center for Economics of Materials (CEM), Halle, Germany

    Christiane Reif

  2. ZEW – Leibniz Centre for European Economic Research, Mannheim, Germany

    Daniel Osberghaus

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  1. Christiane Reif
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  2. Daniel Osberghaus
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Correspondence to Christiane Reif .

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Editors and Affiliations

  1. Department of Economics and Econometrics, University of Regensburg, Regensburg, Germany

    Wolfgang Buchholz

  2. Basque Centre for Climate Change (BC3), Leioa, Vizcaya, Spain

    Anil Markandya

  3. Faculty of Economics, Technische Universität Bergakademie Freiberg, Freiberg, Germany

    Dirk Rübbelke

  4. Institute of Energy and Climate Research, Forschungszentrum Jülich, Jülich, Germany

    Stefan Vögele

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Reif, C., Osberghaus, D. (2020). Economic Assessment of Co-benefits of Adaptation to Climate Change. In: Buchholz, W., Markandya, A., Rübbelke, D., Vögele, S. (eds) Ancillary Benefits of Climate Policy. Springer Climate. Springer, Cham. https://doi.org/10.1007/978-3-030-30978-7_11

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