Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Climate change represents an increasing threat to the continued development of the people, preservation of ecosystems, and economic growth of Asia and the Pacific. Mainstreaming climate risk management in all aspects of development is thus key to an effective transition to climate-resilient development pathways. ADB's climate risk management framework aims to reduce risks resulting from climate change to investment projects in Asia and the Pacific. A key step in this framework is the technical and economic valuation of climate-proofing measures. This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidate the conduct of the economic analysis of investment projects, nor does it require a new type of economic analysis. However, the presence of uncertainty does require a different type of decision-making process in which technical and economic expertise combine to present decision makers with the best possible information on the economic efficiency of alternative designs of investment projects.
Adaptation is a process by which individuals, communities and countries seek to cope with the consequences of climate change. The process of adaptation is not new; the idea of incorporating future climate risk into policy-making is. While our understanding of climate change and its potential impacts has become clearer, the availability of practical guidance on adaptation has not kept pace. The development of the Adaptation Policy Framework (APF) is intended to help provide the rapidly evolving process of adaptation policy-making with a much-needed roadmap. Ultimately, the purpose of the APF is to support adaptation processes to protect - and enhance - human well-being in the face of climate change. This volume will be invaluable for everyone working on climate change adaptation and policy-making.
. . . this book gives a good overview of major challenges facing policy makers, researchers and ultimately humankind in dealing with climate change. . . The reader also gets a good understanding of how fragmented and transversal the issues of climate change and sustainable development are. Quarterly Journal of International Agriculture . . . a unified, useful and stimulating book which should act as a springboard for further work into what is a very topical and extremely important issue for everyone in the world, not just academics and policymakers. This book serves its intended audience but also deserves to be more widely read. World Entrepreneurship Society Too often, writings on climate change are placed into two categories: climate-change deniers, and climate-change supporters. What this timely and insightful collection of Mohamed Salih s does, is to problematise the issue; taking the debate to a level where it desperately needs to be; asking the thorny questions of how do the politics and international relations of climate impact upon the most vulnerable; the least-affluent; the dwellers of the majority world. In short, Salih challenges us: How did the climate change about climate-change . The responses of his contributors are salient, to-the-point sometimes disturbing but always thought-provoking. Timothy Doyle, Keele University, UK Editing the proceedings of a symposium into a cogent and coherent book is no easy task. This book, a tribute to Professor Opschoor is no exception; with disperse contributions of some highly acclaimed authors covering a wide spectrum of themes. It is a credit to Professor Salih s insight to string them together in the introductory chapter and entice the reader to read on. This book has food for thought on many fronts, reaching far beyond climate change, as did the oeuvre of Hans Opschoor. . . an instructive read. Paul Vlek, Center for Development Research (ZEF), Bonn, Germany It is difficult, if not impossible, to formulate and implement sustainable policy without first understanding the dynamic relationships between nature, society, economics and technology, and research plays a pivotal role in this regard. Climate Change and Sustainable Development is an important book which deals with these issues in the context of climate change and the changing global context of development. It alerts us to the relationship climate change has with two urgent tasks: poverty reduction and sustainable development, which require efforts that span countries, regions and communities. In this interdependent world, argue the authors, a shared vision and common effort are vital to sustaining our life support system. It is a must read. Jacqueline Cramer, The Netherlands Minister for Spatial Planning and the Environment This unique book provides cutting-edge knowledge and analyses of the consequences that climate change will have for sustainable development and poverty reduction within the context of global development. Exploring alternative resource management approaches including federal resource management governance, ecosystem services, digital dematerialization, ecological cities, biofuels versus food, and children and climate change, this innovative volume provides fresh insights on the human condition with regards to the current debates on climate change. The distinguished contributors examine climate change induced processes that present profound challenges to sustainable development and poverty reduction at the local, national and global levels. This groundbreaking study will be a welcome addition for graduate and post-graduate students in development and environmental studies. It will also have great appeal to scientists, policy-makers and researchers in these fields.
The specific focus of this seminal work is on the economic impact of climate change on agriculture world wide, and how faced with the resultant environmental alterations, agriculture might adapt under varied and varying conditions. Enhanced with a detailed and comprehensive index, Climate Change and Agriculture is highly recommended for academic library environmental studies and economic studies reference collections and supplemental reading lists. The Midwest Book Review Despite its great importance, there are surprisingly few economic studies of the impact of climate on agriculture and how agriculture can adapt under a variety of conditions. This book examines 22 countries across four continents, including both developed and developing economies. It provides both a good analytical basis for additional work and solid results for policy debate concerning income distributional effects such as abatement, adaptation, and equity. Agriculture and grazing are a central sector in the livelihood of many people, particularly in developing countries. This book uses the Ricardian method to examine the impact of climate change on agriculture. It also quantifies how farmers adapt to climate. The findings suggest that agriculture in developing countries is more sensitive to climate than agriculture in developed countries. Rain-fed cropland is generally more sensitive to warming than irrigated cropland and cropland is more sensitive than livestock. The adaptation to climate change results reveal that farmers make many adjustments including switching crops and livestock species, adopting irrigation, and moving between livestock and crops. The results also reveal that impacts and adaptations vary a great deal across landscapes, suggesting that adaptation policies must be location specific. Finally, the book suggests a research agenda for the future. Economists in academia and the public sector, policy analysts and development agencies will find this broad study illuminating.
This report provides a critical assessment of adaptation costs and benefits in key climate sensitive sectors, as well as at national and global levels.
'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.
We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused development remains an open question. The paper places particular emphasis on the changing level of risk and vulnerabilities faced by developing countries as they allocate investment toward growth strategies, adapting to climate change and emissions mitigation.
