Decision-making and economics of adaptation to climate change in the fisheries and aquaculture sector

With increased international finance for climate change adaptation, and the emergence of national adaptation plans and adaptation projects, there is a greater focus on the economic appraisal of adaptation. Economic appraisal is standard practice in public-sector investment decisions in many countries, as well as in international development finance and overseas development assistance. It provides support to decision makers to help ensure the appropriate use of available resources, and to assess the options available for meeting objectives, by assessing costs, benefits and performance against other decision criteria. This publication reviews available information on the costs and benefits of climate change adaptation in the fisheries and aquaculture sector.