Policy Brief: Review of the Economics of Climate Change and Adaptation in Europe

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The ACCREU project (Assessing Climate Change Risk in EUrope) is an innovative research project that gathers leading experts on climate change economics from 14 European research institutions. ACCREU aims to advance the knowledge on climate change risks and adaptation, working with stakeholders using a co-creation approach.

To help inform the first stakeholder workshop, the project has undertaken a review of the current knowledge on the economic costs of climate change, and the costs and benefits of adaptation. The findings are summarised on the next page.

A similar assessment was undertaken at the start of the previous COACCH project (2018). The new stock-take finds that in recent years, there has been a significant improvement in the information on the costs of climate change impacts, as well as progress on adaptation economics. However, significant gaps remain.

The study has also identified the potential research gaps by sector. These are set out in a table at the end of this policy brief. These priorities were discussed with stakeholders at the first workshop, along with relevant policy questions to consider.
Original languageEnglish
Number of pages25
Publication statusPublished - 2024


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