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Economics of Climate Adaptation

Using Climate Economy Modelling to integrate climate risks into long-term economic and adaptation planning

Economics of Climate Adaptation

Using Climate Economy Modelling to integrate climate risks into long-term economic and adaptation planning

Resources

Handbook on Macroeconomic Modelling for Climate Resilience
This Handbook provides guidance for designing and implementing technical assistance on macroeconomic modelling to support climate resilient economic development in partner countries. It introduces macroeconomic modelling as an instrument to assess the economy-wide impacts of climate hazards, adaptation, and mitigation measures. The Handbook demonstrates how the results can inform key planning documents such as national adaptation plans (NAPs), nationally determined contributions (NDCs), (low emission) long-term strategies and other national development plans. The recommendations reflect learnings from two projects implemented by the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) in Algeria, Georgia, Jordan, Kazakhstan, Mongolia, Nigeria, Uganda and Vietnam.
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The Coalition of Finance Ministers for Climate Action – Compendium of Practice: GIZ contribution
This contribution to the Compendium of Practice by The Coalition of Finance Ministers for Climate Action showcases the GIZ approach to enable partners to independently model the economic impacts of climate change and translate results into policy advice. The Compendium of Practice brings together over 130 practical contributions from 70-plus institutions, showcasing how Ministries of Finance and their partners are tackling key climate policy challenges through applied tools, modeling approaches, and capacity-building strategies.
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Global Report on Financing Options for Sectoral Adaptation Programmes
This global report on adaptation finance is a practical resource for designing financing options for selected sectoral adaptation programmes based on macroeconomic modelling and tailored to policy needs in Georgia, Kazakhstan, Mongolia and Nigeria. It describes climate finance flows in the countries and project idea notes (PINs) for different priority adaptation areas including energy efficiency in buildings, agriculture and water management. The PINs can be promoted to bilateral and multilateral development and financing partners by the beneficiaries of the project.
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Creating Climate Risk Assessments for National-Level Water-Related Hazards
This good practice summary report outlines the methodology used to identify and analyse the future likelihood and potential severity of major water-related climate hazards in Georgia, Kazakhstan, and Mongolia. To support replication in other contexts, the report offers practical guidance on sourcing and processing data on national-level water-related climate hazards. This enables users to model how such hazards may evolve under various future climate scenarios.
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Economics of Climate Adaptation “at a glance”

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