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Asia-Pacific Network for Global Change Research

Asia-Pacific Network for Global Change Research

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Peer-reviewed publication

Cashless Adaptation to Climate Change: Unwelcome yet Unavoidable?

Many developing countries are dependent upon richer countries for underwriting costs of climate-change adaptation. This is unsustainable: as the costs of adaptation in richer countries escalate, the willingness to allocate funds to developing countries is likely to decrease. Although unpalatable, developing countries should consider returning to times when adaptation cost nothing.