The advantage of global public money for adaptation
This work summarises research undertaken by Vivid Economics for the UK Department for International Development (DFID) on the appropriate role for public funds in supporting international adaptation efforts. The work considers the likely costs of adaptation in developing countries in comparison with current flows; how policy makers should respond to the uncertainty about future climate impacts when making adaptation decisions today; the appropriate role for the public and private sector in adaptation activity; and the factors that may influence the appropriate geographic allocation of work of international public adaptation resources. This work reflects the views of Vivid Economics and does not necessarily reflect DFID’s views.
Date: November 2013