Literature Review: The Economics, Political Economy and Behavioural Science of Accounting for Long-term Climate in Decision Making Today

This report summarises the findings of Phase 1 of the project ‘Economics, Political Economy and Behavioural Science of Accounting for Long-term Climate in Decisions Making Today’. It includes a literature review of the barriers to long-term decision-making and identifies practical examples of long-term decisions that should be actively accounting for future (10 years+) climate in decisions taken today.

The findings of this report was used to provide initial conclusions and develop a framework and methodology for a series of economic case studies. The overarching aims of the project were to analyse and identify the types of development decisions that should be actively accounting for future (10 years+) climate in decisions taken today, and to advance quantitative evidence on this to help inform decisions made by development practitioners in Africa.

The study was undertaken by the Global Climate Adaptation Partnership working with Vivid Economics, the UK Met Office and Atkins.

A short summary of the literature review findings can be viewed here.