Advancing the Economics of Climate Change Adaptation: A Synthesis of Progress and Future Directions
Description
This research paper presents a comprehensive synthesis of recent advancements in climate change adaptation, focusing on the economic dimensions, policy responses, and methodological innovations. It explores key findings from large-scale evidence mapping and econometric analyses, highlighting progress in adaptation research and persistent gaps, particularly in low-income regions. The paper discusses geographic imbalances in adaptation studies, the role of stakeholder engagement, and the importance of interdisciplinary approaches. Policy implications are outlined, emphasizing the need for international cooperation, public-private partnerships, and the integration of adaptation into development planning. Future research directions are proposed, including leveraging big data, addressing behavioral barriers, and fostering collaboration across disciplines to enhance climate resilience.
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The study used a large-scale evidence mapping methodology to analyze over 62,000 climate change adaptation publications between 1988 and 2020. Data sources included peer-reviewed journal articles, working papers, and technical reports. Machine learning algorithms and bibliometric analysis tools were used to classify and identify thematic clusters in the literature. Econometric models were applied to assess autonomous adaptation behavior across sectors, including agriculture, energy, and tourism. Data on adaptation investments and climate risk were collected from international datasets. A qualitative policy review was conducted to assess the role of public-private partnerships, international cooperation, and national adaptation strategies. The study followed a detailed workflow to ensure transparency and reproducibility. Limitations include geographic imbalance in data and data gaps in private sector adaptation, particularly in developing countries.