Publication

Across the developing world, decision-makers understand the need to adapt to climate change,particularly in agriculture, which supports a largeproportion of low-income groups who are especiallyvulnerable to impacts such as increasing waterscarcity or more erratic weather. But policymakersare often less clear about what adaptation action totake. Cost-benefit analyses can provide informationon the financial feasibility and economic efficiency of agiven policy. But such methods fail to capture the nonmonetarybenefits of adaptation, which can be evenmore important than the monetary ones. Ongoingwork in Morocco shows how combining cost-benefitanalysis with a more participatory stakeholder analysis can support effective decision making byidentifying cross-sector benefits, highlighting areasof mutual interest among different stakeholdersand more effectively assessing impacts on adaptivecapacity.