Climate Change III: Adaptation
November 11, 2024
Perspectives on Climate Vulnerability and Risk
The process of adjustment to actual or expected climate and its effects, in order to moderate harm or exploit beneficial opportunities.
The process of adjustment to actual climate and its effects; human intervention may facilitate adjustment to expected climate and its effects.
“Climate change, through hazards, exposure, and vulnerability generates impacts and risks that can surpass limits to adaptation and result in losses and damages.” IPCC (2022) Statement
“There is a need for an integrated portfolio of actions ranging from avoiding emissions (mitigation) to coping with impacts (adaptation) and to consciously accepting residual damages.”, World Bank
Period | Annual Average Cost | Average Events per Year |
---|---|---|
1980-2020 | $45.7 billion | 7.0 |
2011-2020 | $89.0 billion | 13.5 |
2016-2020 | $121.3 billion | 16.2 |
2020 was the 4th-highest annual costs ($95.0 billion)
Flooding causes more damage and impacts more people worldwide than any other natural disaster.