December 2008: The World Bank is working with six pilot countries – Bangladesh, Bolivia, Ethiopia, Ghana, Mozambique and Vietnam– on a US$8 million study funded by the Governments of the UK, the Netherlands and Switzerland to help decision makers in developing countries better understand and assess the risks posed by climate change, and to better cost, prioritize, sequence and integrate adaptation strategies into their development plans and budgets.

By identifying the adaption needs of developing countries and their
costs, the study also helps inform the international community’s
efforts to provide access to adequate support and new and additional
resources to help the most vulnerable developing countries meet the
costs of adapting to climate change. Stakeholders and partners are
invited to provide feedback on the draft Methodology Report by 15
January 2009. [Economics of Adaptation Study]