The Cost of Adapting to Extreme Weather Events in a Changing Climate
Bangladesh is one of the most climate vulnerable countries in the world. Situated in the delta of the Ganges, Brahmaputra, and Meghna (GBM) rivers, the country is exposed to a range of river and rainwater flood hazards due to climate variability, t...
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| Language: | English en_US |
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World Bank, Dhaka
2017
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| Online Access: | http://documents.worldbank.org/curated/en/716231468014361142/The-cost-of-adapting-to-extreme-weather-events-in-a-changing-climate http://hdl.handle.net/10986/26890 |
| Summary: | Bangladesh is one of the most climate
vulnerable countries in the world. Situated in the delta of
the Ganges, Brahmaputra, and Meghna (GBM) rivers, the
country is exposed to a range of river and rainwater flood
hazards due to climate variability, the timing, location,
and extent of which depend on precipitation in the entire
GBM basin. The Government of Bangladesh is fully committed
to global climate-change advocacy and action, having already
invested heavily in adaptation measures and policies. In
recent decades, the government has invested more than US$10
billion to protect its population and assets in the
floodplains. Given the uncertain magnitude and timing of the
added risks from climate change, it is essential to identify
the costs of climate proofing Bangladesh's critical
infrastructure from intensified monsoon floods and cyclonic
storm surges. Previously, few if any detailed studies have
been developed on the costs of climate-proofing the
country's infrastructure assets from inland monsoon
floods and cyclones. Most analytical work to date has been
confined to case studies, with relatively limited sets of
locations, impacts, and adaptation measures. This study aims
to fill that knowledge gap by providing detailed vulnerable
population estimates and estimates of the incremental costs
of asset adaptation out to the year 2050. It is part of a
larger World Bank-supported study, entitled Economics of
Adaptation to Climate Change (EACC), funded by the
governments of the United Kingdom, the Netherlands, and Switzerland. |
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