Abstract
Community-based adaptation (CBA) is gaining popularity as an approach to supporting vulnerable communities to adapt to the impacts of climate change, but in an environment of competing financial demands, to what extent is CBA economically efficient?
Empirical research from NEF Consulting (New Economics Foundation) using an extended social cost-benefit analysis (SCBA) of qualitative and quantitative data gathered from four communities compares and contrasts the benefits and investment in CBA initiatives carried out by the Adaptation Learning Programme (ALP), implemented by CARE International in Dakoro, Niger.
The results suggest a high return on investment on ALP’s CBA activities in Dakoro and an increase in the economic capital of communities (revenue and savings) as well as social and environmental capitals. Even only taking into account the benefits ALP has generated to date (over 4 years), findings suggest that for every £1 invested in communities, there has been a return of more than £4. In order to capture the future value of community-based adaptation, the evaluative model was extended further to forecast evolutions to 2020 using three core climate scenarios to evaluate the impact on the different forms of communities’ capital under a no intervention scenario, compared to an intervention scenario. Even under a high discount rate, results remain positive and returns are high, proving that CBA is both an economic and socially effective approach to adaptation.
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Vardakoulias, O., Nicholles, N. (2014). A Socioeconomic Evaluation of Community-Based Adaptation: A Case Study from Dakoro, Niger. In: Leal Filho, W. (eds) Handbook of Climate Change Adaptation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40455-9_125-1
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DOI: https://doi.org/10.1007/978-3-642-40455-9_125-1
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