Climate change impacts public sector budgets

University of Maryland's Center for Integrative Environmental Research (CIER) released their report examining direct and indirect costs of climate change to America as a nation and to the many communities within.

The direct costs of not taking on the challenges posed by climate change are often neglected - and typically not calculated. The indirect effects are considered even less frequently, yet can be substantial ... All sectors of the economy will be affected.

Climate change impacts placing "immense strains on public sector budgets" and the uneven distribution of impacts across the country are two of several key lessons presented and supported in this study.

Recent estimates indicate that a sea-level rise of nearly 20 inches (50 cm) by 2100 would cause $23-170 billion in damages to coastal property throughout the US. In Hawaii, sea level rise will require upgrades to the drinking and wastewater infrastructures -- at a cost that exceeds $1 .9 billion over the next 20 years...

The biggest threats to [Hawaii's] already burdened infrastructure will be sea level rise and tropical storms.

CIER, established in 2006 as a multidisciplinary environmental research and collaboration group, works to develop "strategies and tools to guide policy and investment decisions, particularly to help mitigate climate impacts."

The US Economic Impacts of Climate Change and the Costs of Inaction
(October 2007, pdf, 51pp/5.2MB)

Executive Summary (pdf, 12pp/1.7MB)

Regional Highlight: Hawaii and US Affiliated Islands (pdf, 2pp/136KB)