We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk …, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer … response to specific proposals. If it has to deduce the vulnerability of regions by their actions, the resulting adaptation …

mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …

Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. However, detailed … 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 …

widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims … at a reduction of greenhouse gas emissions whereas adaptation reduces the follow-up costs of climate change. In contrast … to the existing literature, we explicitly model the decision of risk-averse governments on mitigation and adaptation …

In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts …. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more … distortionary the tax system is. In an OLG model with majority voting, we analyze how the choices of mitigation and adaptation are …

experience gained in past rounds to draw inferences from their predecessors’ current decisions. Such adaptation yields rational … round. Limited feedback may lead individuals to imitate uninformed predecessors. Moreover, adaptation across social …

We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate …

climate change. This is despite substantial adaptation having taken place in general equilibrium through R&D and agricultural …

disaster risk reduction and climate adaptation in Bangladesh, a country with a very high exposure to weather risk. We use a … comprehensive dataset for the 483 sub-districts (Upazilas) in Bangladesh, tracking disaster risk reduction and adaptation funding …

the role of trust in fostering adaptation by facilitating collective action, and the need for targeted interventions to … support adaptation and increase resilience in low-trust societies in which collective action may be harder to achieve. …