Investing to Mitigate and Adapt to Climate Change

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Investing to Mitigate and Adapt to Climate Change is written by Anthony Bonen and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1475523696 (ISBN 10) and 9781475523690 (ISBN 13).

We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused development remains an open question. The paper places particular emphasis on the changing level of risk and vulnerabilities faced by developing countries as they allocate investment toward growth strategies, adapting to climate change and emissions mitigation.