Research by the New Economics Foundation and CARE International in Garissa, Kenya, has found that investing in community-based adaptation makes strong economic sense, even in volatile environments. According to the research, investing $1 in adaptation generates between $1.45 and $3.03 of wealth for communities. And the costs of intervention were 2.6 times lower on average than the costs of not addressing climate change and extreme weather events.
Why community-based adaptation makes economic sense
- Countries: Kenya
- Co-authors: New Economics Foundation
- Published: July 2012
