Understanding the Costs and Benefits of Climate Adaptation in the Pacific
The Pacific-Australia Climate Change Science and Adaptation Planning (PACCSAP) Program aims to develop the capacity of Pacific Island Countries (PICs) to manage climate risks. Ultimately climate change adaptation involves the management of identified climate change risks. This project is a component of PACCSAP, and aims to increase the capacity of decision makers in PICs to make informed decisions on climate change adaptation using CBA. By investigating two case studies this PACCSAP project has tested the application of CBA for managing climate risks in the Pacific. The project has also highlighted some of the common challenges to applying CBA and has provided lessons to overcome these challenges.