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Climate risks and adaptation in Asian coastal megacities: A synthesis

Climate risks and adaptation in Asian coastal megacities: A synthesis

Climate risks and adaptation in Asian coastal megacities: A synthesis

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ADB. The selection <strong>and</strong> prioritization of projectsfor <strong>adaptation</strong> should be based on cost benefitanalysis us<strong>in</strong>g the net present value (NPV) approach.Factor<strong>in</strong>g <strong>in</strong> the additional impact due toclimate change <strong>in</strong> such cost benefit analysis mayrender many projects—which previously did notshow an adequate return on <strong>in</strong>vestment—economicallyviable.90 | <strong>Climate</strong> Risks <strong>and</strong> Adaptation <strong>in</strong> <strong>Asian</strong> Coastal Megacities: A Synthesis Report

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