Analysing the cost of adapting to climate change

How do you estimate the cost of adaptation to climate change on vulnerable communities, where stakeholders are involved in identifying costs and benefits? Project benefits – and the importance of those benefits – are different depending on which stakeholders you ask. ‘Stakeholders’ is NGO jargon for all the groups impacted by the climate change adaptation projects being studied, such as the national or local government, the local community (including local farmers), and the private sector. A workshop looks at approaches to cost benefit analysis, where classic analysis doesn’t account for non-monetary benefits