Climate change adaptation cost in the US: what do we know?

Sussman, Fran; Krishnan, Nisha; Maher, Kathryn H.; Miller, Rawlings; Mack, Charlotte; Stewart, Paul; Shouse, Kate C.; Perkins, Bill

doi:10.1080/14693062.2013.777604

Cited by 27 publications

(18 citation statements)

References 38 publications

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“…Studies suggest that climate adaptation could cost hundreds of billions of dollars per year by the middle of the century-just protecting California's coastline from sea level rise could reach $30 billion annually. 80,81 As water resilience projects are undertaken, they can be leveraged to employ people who face barriers to entering the workforce, such as formerly incarcerated workers, bringing about greater prosperity alongside increased resilience. For example, New York City's recovery program after Hurricane Sandy included workforce development provisions, such as local hiring, contracting with minority-and womenowned businesses, and training for unskilled workers, that specifically benefitted the communities most affected by the storm.…”

Section: Leverage Climate Adaptation Projects To Create Economic Oppomentioning

confidence: 99%

Paradoxes of Water: A Reading List

2018

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Section: Leverage Climate Adaptation Projects To Create Economic Oppomentioning

confidence: 99%

Paradoxes of Water: A Reading List

2018

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“…As shown in the literature, climate change leads to significant losses in a broad range of economic sectors and of overall economic performance (Ciscar et al 2011(Ciscar et al , 2012Bosello et al 2012;Sussman et al 2014;Bosello and De Cian 2014;OECD 2015;Steininger et al 2015;Dellink et al 2017). Economy-wide effects can be much larger than direct impacts within sectors, due to indirect effects (Hallegatte et al 2007).…”

Section: Introductionmentioning

confidence: 99%

How does climate change adaptation affect public budgets? Development of an assessment framework and a demonstration for Austria

Bachner

Bednar–Friedl

Knittel

2019

Mitig Adapt Strateg Glob Change

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Public adaptation to climate change affects government budgets directly on the expenditure side, but also indirectly via changes in the tax base and government consumption patterns. While such indirect effects have been analyzed intensively for mitigation policies, similarly detailed model-based frameworks and studies for adaptation policy are still missing. The objectives of the present paper are (i) to fill this gap by proposing a general modeling framework that allows for a comprehensive analysis of effects of adaptation on federal budgets, both on the expenditure and the revenue side, as well as of macroeconomic effects and (ii) to demonstrate its usefulness by applying this framework to the case of Austria. We find that public adaptation can lead to substantial positive macroeconomic effects on gross domestic product (GDP), welfare, and employment. The results are robust with respect to assumptions about the effectiveness of adaptation. Also, we demonstrate that it is essential for analysis to cover both the expenditure and revenue side, as overall government revenues can increase due to adaptation, offsetting additional direct public expenses for adaptation, thus increasing the budget balance. This is because of less severe climate change impacts and the corresponding lower payments for post-disaster relief and unemployment benefits as well as higher tax revenues. We thus strongly recommend making use of economy-wide modeling frameworks when planning for adaptation, as they shed light on the true costs and benefits of adaptation.

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“…16 This interaction between local and "higher" levels is thought to be important in developing realistic adaptation plans that serve multifaceted needs. Vulnerability assessments provide the evidence and build the political will necessary to design, fund, and implement adaptive measures that reduce the costs of interventions and responses, [19][20][21] protect vulnerable populations, and save lives during extreme weather events. 22 Red Hook is prone to flooding, was in a mandatory evacuation zone, and was severely affected by Sandy.…”

Section: Introductionmentioning

confidence: 99%

Lessons from Hurricane Sandy: a Community Response in Brooklyn, New York

et al. 2013

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The frequency and intensity of extreme weather events have increased in recent decades; one example is Hurricane Sandy. If the frequency and severity continue or increase, adaptation and mitigation efforts are needed to protect vulnerable populations and improve daily life under changed weather conditions. This field report examines the devastation due to Hurricane Sandy experienced in Red Hook, Brooklyn, New York, a neighborhood consisting of geographically isolated low-lying commercial and residential units, with a concentration of low-income housing, and disproportionate rates of poverty and poor health outcomes largely experienced by Black and Latino residents. Multiple sources of data were reviewed, including street canvasses, governmental reports, community flyers, and meeting transcripts, as well as firsthand observations by a local nonprofit Red Hook Initiative (RHI) and community members, and social media accounts of the effects of Sandy and the response to daily needs. These data are considered within existing theory, evidence, and practice on protecting public health during extreme weather events. Firsthand observations show that a community-based organization in Red Hook, RHI, was at the center of the response to disaster relief, despite the lack of staff training in response to events such as Hurricane Sandy. Review of these data underscores that adaptation and response to climate change and likely resultant extreme weather is a dynamic process requiring an official coordinated governmental response along with on-the-ground volunteer community responders.

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Climate change adaptation cost in the US: what do we know?

Cited by 27 publications

References 38 publications

Paradoxes of Water: A Reading List

Paradoxes of Water: A Reading List

How does climate change adaptation affect public budgets? Development of an assessment framework and a demonstration for Austria

Lessons from Hurricane Sandy: a Community Response in Brooklyn, New York

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