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Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [299] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [300]
This is a list of climate change initiatives of international, national, regional, and local political initiatives to take action on climate change (global warming). A Climate Action Plan (CAP) is a set of strategies intended to guide efforts for climate change mitigation .
This approach to presenting complex information about mitigation was introduced in 2004 by Princeton University researchers Stephen Pacala and Robert H. Socolow. [1] [2] [7] In 2004, Pacala and Socolow estimated that seven wedges worth of improvements would be needed to mitigate climate change by 2054, if serious actions were taken immediately. [8]
The economic impacts of climate change also include any mitigation (for example, limiting the global average temperature below 2 °C) or adaption (for example, building flood defences) employed by nations or groups of nations, which might infer economic consequences.
Ecosystem-based Adaptation (EbA) describes a variety of approaches for adapting to climate change, all of which involve the management of ecosystems to reduce the vulnerability of human communities to the impacts of climate change such as storm and flood damage to physical assets, coastal erosion, salinisation of freshwater resources, and loss of agricultural productivity.
While discourse about the cost of climate change often refers to potentially expensive mitigation efforts like curbing oil and gas use or technology to pull carbon pollution out of the air ...
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