A%20Framework%20for%20Estimating%20the%20Incremental%20Costs%20of%20Climate%20Change%20in%20Infrastructure

Technical Notes

A Framework for Estimating the Incremental Costs of Climate Change in Infrastructure


CODE: IDB-TN-749
AUTHOR(s): Clerc, Jacques , Diaz, Manuel
PUBLISHED: February 2016
LANGUAGE: English
RELATED TOPICS: Microeconomics
DOWNLOAD FILE IN: Spanish

Abstract:

The general objective of this study is to review the international literature and best practices to develop a methodological framework capable of quantifying the increase in investments necessary for a traditional standard of living in a world subject to climate change. This methodology is then applied to two case studies: Bolivia and Chile. In particular, the document addresses the economics of adaptation to climate change and offers a summary of the principal impacts of climate change on infrastructure according to the literature. The paper also describes methodological focuses chosen to quantify the impact of climate change on the infrastructure that has been selected for study. On this basis the paper analyzes highways in both in both Chile and Bolivia and irrigation dams in Chile. The paper finally discusses results and presents conclusions.

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