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Establishing a better understanding of economic analysis applications in climate change adaptation issues

Economics of Climate Change Adaptation Programme 

Bangkok, Thailand
26 February – 9 March 2018

The United Nations Development Programme (UNDP), in cooperation with the United States Agency for International Development (USAID) Adapt Asia Pacific Project, the Asian Development Bank (ADB), the Global Water Partnership and Yale University launched the Economics of Climate Change Adaptation (ECCA) programme in 2012.

The programme was in response to the need for a more comprehensive approach for including climate change considerations into national planning process to ensure economically efficient strategies on addressing climate change at different levels whether sectoral, sub-national, or national. The programme involved a set of capacity building events aimed at equipping government officials and policy makers in the Asia and the Pacific region with economic tools to identify adaptation needs, formulate national adaptation plans, and access climate finance for adaptation actions.

Along these lines, the abovementioned ECCA programme was launched by the UNDP in collaboration with USAID Adapt Asia Pacific and the Regional Resource Center for Asia and the Pacific at the Asian Institute of Technology.

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Participants at the programme from the region

A total of 23 representatives from the region participated. MIMA was represented by Cheryl Rita Kaur, Head of the Centre for Coastal and Marine Environment.

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Cheryl Rita from MIMA during one of the sessions

The programme focused on the basics of developing proposals for climate change activities and projects that would incorporate economic analysis aspects which are a major prerequisite for securing financing such as from the Green Climate Fund (GCF). In addition, requirements for a cost benefit analysis (CBA) of the different adaptation options were also conducted based on examples from the GCF, and World Bank and ADB funded projects in the region. 

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During the programme i.e., lectures and group discussions

Being involved in current and emerging developments on methods and tools including economic analysis to address climate change adaptation strategies will enable MIMA to contribute to more robust research at the national level in such areas.

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