Arbeitspapier
The economics of adaptation to climate change: the case of Germany
Given the ubiquitous scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows us to distinguish between decentralized adaptation by private agents on the one hand and centralized adaptation measures by public authorities on the other. The approach is based on the paradigm of market failure and is complemented by two further grounds of government action, equity concerns and security of supply. We identify open research questions in the nascent field of adaptation to climate change requiring further empirical investigation. The economic framework is applied to adaptation in Germany by analyzing impacts and adaptation options for climate-sensitive fields such as agriculture, energy, water, and public health.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 09-057
- Klassifikation
-
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
- Thema
-
Climate change
adaptation
market failure
insurance
Klimaveränderung
Wirtschaftliche Anpassung
Marktversagen
Staatliche Einflussnahme
Öffentliches Gut
Landwirtschaft
Energiewirtschaft
Wasserwirtschaft
Gesundheitspolitik
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dannenberg, Astrid
Mennel, Tim
Osberghaus, Daniel
Sturm, Bodo
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dannenberg, Astrid
- Mennel, Tim
- Osberghaus, Daniel
- Sturm, Bodo
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2009