Climate Change Adaptation Cost in the United States: What Do We Know?

Katy Maher, Fran Sussman, Nisha Krishnan, Rawlings Miller, Charlotte Mack, Paul Stewart, Kate Shouse, and Bill Perkins
Created: 3/28/2018 - Updated: 4/10/2018

Abstract

This article, jointly authored by ICF International and others, assesses the current state of knowledge on the magnitude of adaptation cost in the United States. While incomplete, the studies suggest that adaptation cost could be as high as hundreds of billions of dollars annually by mid-century.

The article also identifies key studies in each sector, surveys the cost estimates and approaches to cost estimation, and highlights methodological issues in interpreting, comparing, and aggregating adaptation cost estimates. Steps are recommended to make future adaptation cost studies more comparable within and across sectors and more accessible and relevant to policy and decision makers.

Published On

Friday, September 27, 2013

Keywords

Target Climate Changes and Impacts: 
Economics
Type of Adaptation Action/Strategy: 
Governance and Policy
Maintain adequate financial resources for adaptation