Economic and social benefits of climate information: Assessing the cost of inaction

Matthias Ruth*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

As investment and policy decision-makers grapple with the implications of climate change, benefits are seen in making available to them climate information at spatial and temporal scales that match the realms within which those decision-makers operate. For such an endeavour to have lasting economic and social benefits, however, the information must be carefully placed within the broader environmental, economic, social and institutional context within which decisions are made. This paper illustrates the challenges and opportunities of doing so, and uses information on the cost of inaction to illustrate the contributions that may come from advancements in climate modelling and information delivery.

Original languageEnglish
Pages (from-to)387-394
Number of pages8
JournalProcedia Environmental Sciences
Volume1
Issue number1
DOIs
Publication statusPublished - 2010

Keywords

  • Adaptation
  • Climate information
  • Cost of inaction
  • Decision-making
  • Mitigation

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