Arbeitspapier

Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies

This article reviews the literature on the economic impacts of disasters caused by extreme weather and climate events to draw lessons on how societies can better manage these risks. While evidence that richer, better governed societies suffer less and recover faster from climate extremes suggests adaptation, knowledge gaps remain, and little is known about the efficiency of specific adaptation actions. I review various "no or low" regrets adaptation options which are recommended when uncertainties over climate change impacts are high. I discuss how governments can play an important role in adaptation by directly providing public goods to manage disaster risks or by facilitating private agents' adaptation responses, but also highlight the political economy of policy and coordination failures.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 16715

Klassifikation
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Environment and Growth
Welfare, Well-Being, and Poverty: General
Thema
climate change policy
natural disasters
climate adaptation
risk management
climate extremes

Ereignis
Geistige Schöpfung
(wer)
Ferreira, Susana
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2024

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ferreira, Susana
  • Institute of Labor Economics (IZA)

Entstanden

  • 2024

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