This project, Economic Impact Assessment of Climate Change in Key Sectors in Nepal, is being undertaken at the request of the Government of Nepal, and is supported by Climate and Development Knowledge Network (CDKN). This project was initiated to address the target as included in the Climate Change Policy 2011: Assessment of losses and benefits from climate change in various geographical areas and development sectors by 2013. The work is led by Integrated Development Society (IDS), Nepal, working with Practical Action Consulting Limited, Nepal, and the Global Climate Adaptation Partnership (GCAP) in the UK.
The study has two main objectives: First, to provide headline and sectoral estimates of the impacts and economic costs (economic, social and environmental costs and benefits) of climate change for the agricultural and water sectors, to provide input into the Government’s assessment of losses and benefits from climate change in various geographical areas and development sectors by 2013; second, a ranking of climate compatible development options in these sectors to address these risks and to help the Government strategically start to consider options for climate compatible development pathways.
The project aims to be comprehensive, participatory, and of indigenously orientation. A key theme has been to ensure that there is high level of interaction and co-production between the research team and key Government stakeholders, and to build capacity in Nepal for such analysis.
The study is broken down into two main phases: inception phase and implementation phase. This snapshot report summarizes the findings of the inception phase. It has two parts – review of current knowledge and Implementation plan.