Adaptation Economics Reveal Insufficient Adaptation Activities

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When national and local economies are faced with calculating potential climate-impacted losses, decision-makers face difficult financial-planning decisions. Nature Climate Change published a study comparing adaptation responses between global megacities based on spending measures. The study found that cities varied their adaptation spendings between £15 million and £1600 million. Developed cities allocate most of their adaptation funds to energy and water, developing countries…
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