Economic valuation for policy support in the context of ecosystem-based adaptation to climate change: An indicator, integrated based approach.

Heliyon

Office of the Assistant Director-General, Climate, Biodiversity, Land and Water Department, Food and Agriculture Organization of the United Nations, Viale delle Terme di Caracalla - 00153 Rome, Italy.

Published: August 2020

Ecosystem-based adaptation (EbA) includes a set of natural capital-based measures to adapt to climate change. UN Environment has called for measuring EbA costs and benefits before promoting the adoption of such a policy. Within such policy input, the paper objective is twofold. It first performs a critical survey of economic and valuation studies that measure the costs and benefits of undertaking EBA measures. It then proposes an integrated valuation approach, based on a set of 54 economic indicators that include ecological aspects and encompass the technical, financial and academic difficulties to perform thorough cost-benefit exercises, by providing policymakers with simple, though rigorous evidence.

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http://www.ncbi.nlm.nih.gov/pmc/articles/PMC7452550PMC
http://dx.doi.org/10.1016/j.heliyon.2020.e04650DOI Listing

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