As climate changes in the decades ahead, nations all over the world will invest billions to make themselves more resilient to rising sea levels, hurricanes, droughts, floods and heat waves.
A new study led by researchers from the University of Notre Dame, University of Minnesota, McGill University and Australian National University reports that spending money on new infrastructure projects isn’t enough. A country’s “readiness” – to include factors such as political stability, education levels, and even the ease of doing business -- can all influence whether climate adaptation efforts will succeed.
The findings were published in the December issue of Mitigation and Adaptation Strategies for Global Change. The paper’s authors were the first to analyze the patterns of adaptation investments made by the multilateral and bilateral adaptation funds.
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