mitigation and adaptation policies. The paper concludes thatDjibouti is susceptible to climate change and related costs are … potentially large. Investingnow in adaptation and mitigation has large benefits in terms of reducing the related costs inthe … future. Reforms to generate the fiscal space are therefore needed and investment formitigation and adaptation to climate …

mitigation policy. We extend such a model to include optimalpolicies for mitigation, adaptation and infrastructure investment … public capital goingto mitigation in the initial periods. When initial levels of CO2 are high, adaptation efforts alsostart …

for studying mitigation and adaptation policies …