皇冠体育app Costs of Adapting to Climate Change for Infrastructure
Abstract
An approach to estimating the costs of adapting to climate change is presented along with results for major components of infrastructure. 皇冠体育app analysis separates the price/cost and quantity effects of climate change. 皇冠体育app first component measures how climate change alters the cost of a baseline program of infrastructure development via changes in design standards and operating costs. 皇冠体育app second component measures the effect of climate changes on the long-run demand for infrastructure. 皇冠体育app results indicate that the price/cost element is usually less than 1 percent of baseline costs, while the quantity effect may be negative for many countries.
Citation
World Bank, Washington DC, USA. Discussion Paper 2, 62 pp.
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Published 1 January 2010