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Managing climate change requires action on both its causes (reducing emissions) and its consequences (adapting to impacts that can no longer be avoided). Human societies can thrive in many climatic conditions. However, such adaptation is not necessarily smooth, and it cannot be taken for granted. This review synthesises the contribution of economics to the study and practice of climate resilience and adaptation, identifying some of the most influential articles by economists on climate change adaptation since the topic became a subject of academic interest.
The unprecedented advances in economic development witnessed over the past decades cannot continue if economic progress comes at the expense of the natural environment. The Sustainable Development Goals, agreed globally in 2015, define a vision of human development where economic, social and environmental domains interact to shape the prospects for future prosperity. This timely literature review highlights the contribution of economics to the study of sustainable development. It discusses some of the most influential articles on the topic by economists over the past fifty years. Environmental sustainability, an inherently interdisciplinary topic, is analysed from the perspectives of applied microeconomics, environmental and resource economics, ecological economics, development economics and public economics. Written by two subject experts, this research review is indispensable for anyone interested or working in the field.
