This paper presents findings of a study of the economic impacts of climate change adaptation. To estimate these impacts on the German economy and its individual sectors we follow a two-step approach: firstly, we estimate the damages resulting from recurring flood events and heat waves, based on...

Although climate change is a global challenge, its effects occur locally and differ by region. A feasible adaptation strategy needs to assess regional damages and their socio-economic effects. For Germany, the largest threat comes from extreme weather events, which will impact residential and...