Total costs and budgetary effects of adaptation to climate change : an assessment for the European Union


Osberghaus, Daniel ; Reif, Christiane


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URL: http://ub-madoc.bib.uni-mannheim.de/2976
URN: urn:nbn:de:bsz:180-madoc-29765
Document Type: Working paper
Year of publication: 2010
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q54 H54 Q58 ,
Subject headings (SWD): Europäische Union , Deutschland , Finnland , Italien , Klimaänderung , Strukturanpassungspolitik , Öffentliche Ausgaben , Infrastrukturpolitik , Küste
Keywords (English): adaptation , climate change , adaptation costs , fiscal effects , governmental intervention
Abstract: Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. However, detailed and regionalised cost estimates as a basis for cost-benefit-analyses are rare. We compose available cost estimates for adaptation in Europe, and in particular Germany, Finland and Italy. Furthermore, a systematic overview on fiscal aspects of adaptation is provided, with focus on budgetary effects of adaptation in the different impact sectors. Combining cost estimates, considerations on fiscal aspects and governmental interventions in adaptation processes, we present data-based guesses of public adaptation costs in the EU, divided by impact sectors. The findings show an expectedly large public burden in the adaptation of transport infrastructure and coastal protection, while high adaptation costs in the agriculture sector are predominantly private. The change in energy demand may well lead to a significant decrease in public expenditure. Considering the regional heterogeneity of adaptation measures and the high uncertainty of quantitative adaptation analyses, further research in the form of bottom-up-studies is needed.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Osberghaus, Daniel ; Reif, Christiane (2010) Total costs and budgetary effects of adaptation to climate change : an assessment for the European Union. Open Access [Working paper]
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