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The climate is changing, bringing with it increasing natural
disasters around the world. The progress of societies lies in their
ability to adapt to the new climatic conditions. Effective
climate-adaptation strategies must be based in the sound analysis
of the costs of the disasters, as well as the potential benefits
and beneficiaries of adaptation strategies. This book offers an
appraisal method to capture the total economic costs of flooding
events: the Multiregional Flood Footprint Analysis. It captures the
economic costs directly caused by physical destruction, and
disruptive implications in production propagated through
inter-industrial linkages in the current context of a global
economy. The proposed method uses the fundamentals of the
Input-Output analysis (IOA)Â in a multiregional dimension. It
concludes that damages from natural disasters in one part of the
globe may affect many economic sectors in the rest of the world,
increasing the need for global adaptation strategies.
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