Climate Change Adaptation and Sectoral Policy Coherence in the Caribbean

The Role of Economic Policy in Climate Change Adaptation

This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and categorisation of climate change adaptation. We then consider the primary economic principles that can guide the assignment of adaptation tasks to either the private or the public sector, as well as those guiding assignment within the public sector itself. We find that the role of ...

Mitigation + Adaptation What is the optimal climate change policy mix ?

In dealing with climate change, how much should governments focus their effort on mitigation (emission reduction to prevent climate change) and on adaptation (coping with a changed climate)? Very little research has gone into pinning down which strategy is dynamically optimal under what kind of conditions. This paper contributes to this debate by developing a parsimonious optimal control model ...

Climate change in Latin America and the Caribbean: policy options and research priorities

Although climate change is filled with uncertainties, a broad set of policies proposed to address this issue can be grouped in two categories: mitigation and adaptation. Developed countries that are better prepared to cope with climate change have stressed the importance of mitigation, which ideally requires a global agreement that is still lacking. This paper uses a theoretical framework to ar...

Climate Change and Adaptation

Adaptation and Climate Change

This paper deals with the often ignored issue of adaptation to human-induced climate change. Adaptation is not only inevitable but essential to fashioning the least-social-cost strategy to addressing climate change. The urgency for limiting climate change is inversely proportional to society's adaptability. Some limitation strategies are incompatible with adaptation goals (e.g., reducing CO2 ra...