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Title:The role of economic policy in climate change adaptation PDF Logo
Authors:Konrad, Kai A.
Thum, Marcel
Issue Date:2012
Series/Report no.:CESifo Working Paper: Energy and Climate Economics 3959
Abstract:This paper assesses the role of the public sector in adaptation to climate change. We first offer a definition and categorisation of climate change adaptation. We then consider the primary economic principles that can guide the assignment of adaptation tasks to either the private or the public sector, as well as those guiding assignment within the public sector itself. We find that the role of the state in adaptation policy is limited. We identify information policy, the provision of a suitable regulatory framework in some markets, the formation of human capital and policies that foster economic growth and technological and medical knowledge as the main areas in which the public sector has a role in climate change adaptation.
Subjects:climate change
adaptation
Schelling conjecture
subsidiarity
JEL:H54
Q54
Q58
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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