Designing an index of structural vulnerability to climate change

Introduction Since climate change has been recognized as a dominant issue for world economy and policy, resources have been looked for financing mitigation as well as adaptation. Logically allocation criteria should be different for mitigation and adaptation. As for adaptation, the criteria should reflect the need of the countries and their capacity to effectively use the resources. The same issue is still highly debated for the criteria of development aid allocation. With regard to the adaptation purpose, the country specific vulnerability to climate change could be considered as one of the most relevant criteria for the allocation of the resources between developing countries. For that purpose, an appropriate indicator of vulnerability to climate change available for all the countries concerned is needed.