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14 November 2011

Market Mechanisms for Adaptation to Climate Change

Lessons from Mitigation and a Pathway to Implementation

Adaptation to climate change impacts can be proactive or reactive. In the case of proactive, market-based, and public policy-centered adaptation instruments, several key lessons have been learned. This paper highlights those lessons and discusses a concrete pathway to establishing market-based mechanisms for adaptation to climate change impacts. It further defines priorities for further research and possible pilot program implementation, differentiating by types of adaptation.

© 2011 Center for Comparative and International Studies (CIS)

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Author:

Sonja Butzengeiger-Geyer, Axel Michaelowa, Michel Köhler, Martin Stadelmann

Series:

Volume:

2011

Issue:

71

Publisher:

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