Economic opportunities from investing in climate resilience in the UK

James Rising, Paul Watkiss, Nicola Ranger and Yoselin Oropeza Abregu

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The UK is already experiencing significant economic impacts from climate change, and these will increase further in future decades. Without comprehensive and well-funded adaptation strategies, risks will grow, including from agriculture losses, flooding, impacts of heat on health and reduced labour productivity. This policy brief describes economic risks and adaptation opportunities for the UK in relation to agriculture, flood and coastal management, health and labour productivity. The brief summarises findings from Part A of the PROSPER (Physical-risk & Resilience Outcomes for Spending, Planning & Economic Returns) research project. This part of the project is designed to inform fiscal decision-makers on potential targets for adaptation funding. The damages are reported as the expected annual damages for two climate scenarios, ‘Medium Warming’ and ‘High Warming’. For the 2030s and 2050s, the authors also describe damages associated with extreme value or ‘tail’ events.

JEL-codes: N0 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2026-09-18
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:140343

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