Climate Adaptation Finance and Investment in California (Routledge Focus on Environment and Sustainability)

CLIMATE CHANGE: A MITIGATION STRATEGY

three macro-adaptation strategies (reactive, anticipatory or proactive, and knowledge adaptation). We will also assess how market-driven adaptation reduces the vulnerability of economic systems to climate change.

Finally, there is an equity dimension. Abatement intrinsically endorses the polluter-pays principle.

Climate Change” was published in 2009 by the International Institute for Environment and Development. It found that the mean “net present value of climate change impacts” in an emissions scenario similar to the one we are now on was $1240 trillion with no adaptation, but the value was only $890 trillion with adaptation. On the other hand, the autho