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Economics

The Economics of Climate Change Adaptation and Resilience

Quick fact

A United Nations report estimated that adaptation costs for developing countries could be $300 billion per year by 2030, yet less than one-tenth of that is currently being invested, creating a 'protection gap'.

Why this is interesting

You might have heard that cutting emissions is essential, but even if we stopped all emissions today, we'd still need to adapt to a hotter world. Why would a rational society spend billions on something that doesn't stop climate change?

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The Economics of Climate Change Adaptation and Resilience

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