Language:
English
Pages:
1 Online-Ressource
Keywords:
Adaptation
;
Adaptation To Climate Change
;
Climate Change
;
Climate Change and Environment
;
Climate Change Economics
;
Climate Change Mitigation and Green House Gases
;
Climate Change Policy and Regulation
;
Environment
;
Macroeconomics and Economic Growth
;
Public Sector Development
;
Adaptation
;
Climate Change
;
Climate Resilience
;
Decarbonization
;
Green Growth
;
Low-carbon
;
Transition
Abstract:
Climate change poses major risks for development in the Philippines. Climate shocks, whether in the form of extreme weather events or slow-onset trends, will hamper economic activities, damage infrastructure, and induce deep social disruptions. Adaptation to the risks of climate change, including both extreme events and slow-onset problems, is thus critical for the Philippines. Policy inaction would impose substantial economic and human costs, especially for the poor. Adaptation cannot eliminate the costs of climate change, but it can substantially reduce them. Many adaptation responses also contribute to mitigation; conversely, many mitigation measures generate local co-benefits, such as reduced air pollution. Although the Philippines is a relatively low emitter of greenhouse gas (GHG), it can contribute to global mitigation efforts through an energy transition, including a shift away from coal. The investment costs of such adaptation measures and an energy transition are substantial but not out of reach. The Philippines Country Climate and Development Report (CCDR) comprehensively analyzes how climate change will affect the country's ability to meet its development goals and pursue green, resilient, and inclusive development. The CCDR helps identify opportunities for climate action by both the public and private sectors and prioritizes the most urgent development challenges impacted by climate change in the Philippines
Note:
East Asia and Pacific
,
Philippines
,
Southeast Asia
