The economics of adaptation to climate change. Methodology report.
The methodology of the EACC project is presented in this report. The Report is divided into five sections, starting with an introduction. Section II discusses a few peculiarities of the sole concept of adaptation, which make the problem theoretically and practically quite unique. Section III brings the previous theoretical discussion to a more operational level, including clearer definition of various commonly used terms. Section IV presents the four steps of the bottom-up methodology based on the country case studies. Section V describes the top-down methodology – how to estimate the global costs of adaptation based on global datasets, including major simplifying assumptions, data available, and sector methodologies; Section VI discusses the links between the bottom-up and top-down approaches.
32 pp., + 43 pp. annexes. Main report available in English and Spanish.