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Knowledge Development and Application Concerning Costs of Adaptation Compared to Costs of Inaction
- Project
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Ecologic Institute, in partnership with Ramboll and I4CE, continued its collaboration with the European Environment Agency in supporting the understanding of costs of climate impacts and climate adaptation. The overall aim of this study was to extract, complement and compile quantitative information on the economic costs and socio-economic impacts of climate adaptation versus costs of inaction in EU27 Member States. The work builds on previous work conducted by the consortium for the EEA which served as the methodological foundation for this project.
The key tasks were:
- to extract and compile quantitative information from existing sources (studies, reports etc.), and to provide input for a questionnaire for EEA member countries;
- to design a suitable methodology for complementing data derived under 1. with estimates and projections;
- to compile all quantitative information into a dataset, allowing for filtering by different variables/breakdowns, as well as aggregation into different (sub-)totals.
The above is summarised in the EEA report "Knowledge Development and Application Concerning Costs of Adaptation Compard to Costs of Inaction".
Ecologic Institute was primarily involved in task 1, supporting the literature review on available data on costs of inaction and adaptation.
Contact
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European Environment Agency (EEA), International Ramboll Management Consulting (RMC), Belgium - Partner
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Ecologic Institute, Germany - Team
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John Tarpey
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- Keywords
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climate adaptation costs, economic impacts of climate change, EU27 climate adaptation, cost of inaction climate, quantitative climate data, Ecologic Institute climate study, climate adaptation methodology, EEA climate impact report, Ramboll I4CE partnership, socio-economic climate analysisEuropean Union, EU27 Member States, Europeclimate impact cost assessment methodology, quantitative data analysis climate adaptation, climate adaptation projection models
Valverde, María José et al. 2022: Costs of Adaptation vs Costs of Inaction. Final Report. Ramboll Management Consulting, Ecologic Institute, Frankfurt School: Brussels, Berlin, Frankfurt am Main.
Braat. L et al. 2008: The Cost of Policy Inaction (COPI): The case of not meeting the 2010 biodiversity target. Alterra Wageningen University and Research; Institute for European Environmental Policy (IIEP); Ecologic; Fondazione Eni Enrico Mattei (FEEM); GHK; Milieu en Natuurplanbureau; United Nations Environmental Programme - World Conservation Monitoring Centre; Witteveen en Bos, Wageningen / Brussels, commissioned. ISBN: ENV.G.1/ETU/2007/0044.
Bakkes, J.A.; I. Bräuer; P. ten Brink et. al. 2006: Cost of Policy Inaction. Scoping study for DG Environment.
COACCH (2019). The Economic Cost of Climate Change in Europe: Synthesis Report on Interim Results. Policy brief by the COACCH project. Editors: Paul Watkiss, Jenny Troeltzsch, Katriona McGlade, Michelle Watkiss. Published October, 2019.