The macroeconomic case for climate adaptation in Rwanda

This policy brief explores how adaptation can cost-effectively reduce the near-term economic costs of climate change in Rwanda.

Authors

Even if the Paris Agreement goal of reducing the global temperature rise to below two degrees, the economic costs of climate change in Rwanda are projected to be large.
Climate change will affect medium-term development and poverty reduction, as well as long-term growth and Vision 2050 goals. It is also a major macroeconomic risk and likely to affect the public finances of Rwanda.
Climate impacts over the next 20 years are already locked-in: these potential impacts can only be reduced with adaptation.
This policy brief explores how adaptation can cost-effectively reduce the near-term economic costs of climate change.
There is a greater need to integrate climate change adaptation into economic policy making and public financial management.