Overview
Economic theories of climate adaptation provide a framework for understanding how societies can effectively respond to the challenges posed by climate change. By applying economic principles, communities can evaluate the costs and benefits of various adaptation strategies, ensuring that resources ar...
Key Terms
Example: Building flood defenses in coastal areas.
Example: Calculating the cost of building a seawall versus the benefits of preventing flooding.
Example: A community that can recover quickly from a hurricane.
Example: Using renewable energy sources to reduce carbon emissions.
Example: Pollution as a negative externality affecting public health.
Example: Low-lying areas are more vulnerable to sea-level rise.
Related Topics
Climate Change Mitigation
Strategies to reduce greenhouse gas emissions and combat climate change.
intermediateEnvironmental Policy
Regulations and policies aimed at protecting the environment.
intermediateSustainable Agriculture
Farming practices that maintain productivity while minimizing environmental impact.
intermediateKey Concepts
Adaptation StrategiesCost-Benefit AnalysisResilience EconomicsSustainable Development