What is Economics of Climate Adaptation?

There is a growing consensus that climate change impacts should be considered in the development of adaptation strategies by decision makers at all levels. This requires identifying cost-efficient adaptation measures, resulting from a structured risk management approach. The approach taken under the “Economics of Climate Adaptation (ECA)” framework provides decision makers with information about potential climate-related damage to their environment, economies and societies. The results allow a flexible identification of cost-effective climate adaptation measures for a variety of projects and sectors.

CLIMADA is a tool which implements the quantitative modelling and simulation part of the ECA Methodology. CLIMADA stands for climate adaptation and is a probabilistic natural catastrophe damage model, and it calculates averted damage due to adaptation measures of any kind, e.g. from grey to green infrastructure.

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ECA Projects

Around the world, various ECA projects are being, and have been, implemented, at varying scales, concerning a wide array of assets, hazards, institutional and data environments. Explore the diversity of the ECA methodology here.

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Find more information about ECA and discover available reports, guidebooks, factsheets and other documents.

ECA Honduras - Executive Summary
Understanding Climate Risks - What does it mean for San Salvador?
Economics of Climate Adaptation (ECA) - Guidebook for Practitioners
Economics of Climate Adaptation – Shaping climate-resilient development
Economics of Climate Adaptation (ECA) in Development Cooperation: A Climate Risk Assessment Approach
Economics of Climate Adaptation – Shaping climate-resilient development
Stay informed with the latest news and read more about recent developments on ECA, project updates and relevant conferences or events.
COP Bureau Reschedules UNFCCC Subsidiary Body Meetings to 2021

UNFCCC decided to postpone the UN Climate Change meetings of the Subsidiary Bodies (SB52) until 2021

Economics of Climate Adaptation: Identifying Cost-effective Adaptation Measures to Climate Change

Identifying Cost-effective Adaptation Measures to Climate Change

EGU has cancelled the physical General Assembly 2020 in Vienna

The EGU is officially announcing the cancellation of the physical EGU General Assembly 2020 in Vienna, Austria.