Project Catalyst has, through its Working Group on Adaptation, which met in the second half of 2008 and early 2009, conducted analysis on what is required to reduce vulnerability of developing countries to the impacts of climate change.

Publications

• Adaptation to climate change: potential costs and choices for a global agreement (March 2009). Summary of findings from the Adaptation Working Group

Other external publications

• Shaping Climate-Resilient Development - a framework for decision-making. This work outlines a fact-based risk management approach that national and local leaders can use to understand the impact of climate on their economies – and identify actions to minimize future climate risk at the lowest cost to society. The work developed a detailed methodology and applied it in eight test cases, including China, India, Tanzania, the UK, and the US, proving its applicability in both developing and developed countries. In the regions studied, it was found that the studied climate risks could cost countries up to 19% of GDP by 2030, with developing countries most vulnerable, and that loss is inevitable even in the most conservative climate scenarios. It includes a foreword by Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment. This briefing paper has been jointly written by the ClimateWorks Foundation, Global Environmental Facility, the European Commission, McKinsey & Company, the Rockefeller Foundation, Standard Chartered Banks and Swiss Re.