Policy Brief: Why Community Based Adaptation Makes Economic Sense
Why Community Based Adaptation Makes Economic Sense
Policy Brief: Climate Change
Climate change interventions require decision making in the face of uncertainty. New research conducted by UK economics think tank nef (new economics foundation) on behalf of CARE International in Garissa, Kenya, found that, investing in community based adaptation (CBA) makes strong economic sense, even in a volatile and evolving environmental context. In virtually all scenarios studied the economic, environmental and social benefits of CBA – where vulnerable communities make informed development and risk management decisions and actions in response to climate change impacts – far outweigh their costs, suggesting they are efficient and effective even in the absence of adaptation projects at the national level. These findings make a compelling financial case for CBA both in conjunction with larger-scale interventions and as standalone
activities.
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