You are here:
Mitigation and Adaptation within a Climate Policy Portfolio
Citation:
Felgenhauer, T. Mitigation and Adaptation within a Climate Policy Portfolio. Environment and Energy Lunch Seminar, The World Bank, Washington, DC, February 12, 2014.
Impact/Purpose:
This is an invited presentation for the Environment and Energy lunch seminar at the World Bank. It is a synthesis presentation of three separate research efforts, which are all under the RAP for ACE 166, MA-4: 1) Felgenhauer T. and Webster M. (2013). “Modeling Adaptation as a Flow and Stock Decision with Mitigation,” Climatic Change (Dec); 2) Felgenhauer T. and Webster M. (2013). “Multiple Adaptation Types with Mitigation: A Framework for Policy Analysis,” Global Environmental Change 23(6): 1556-1565; and 3) “The Limits to Adaptation: A Systems Approach” American Geophysical Union (AGU) Annual Meeting, San Francisco, CA (Dec. 2013). There is no new material, and no material that has not been previously approved for presentation in earlier forms. The presentation will not be distributed or posted online by the World Bank.
Description:
An effective policy response to climate change will include, among other things, investments in lowering greenhouse gas emissions (mitigation), as well as short-term temporary (flow) and long-lived capital-intensive (stock) adaptation to climate change. A critical near-term question is how investments in reducing climate damages should be allocated across these elements of a climate policy portfolio, especially in the face of uncertainty in both future climate damages and also the effectiveness of yet-untested adaptation efforts. Here I present a summary of recent research in this area that addresses multiple adaptation types, as well as adaptation limits.