Updated: Aug 20, 2021

Policies and actions to prevent or reduce the adverse effects of ‘climate change. Examples of adaptation policies include building flood defences and developing resilient crops. The European Commission adopted an EU Adaptation Plan in 2013 to facilitate coordination among the EU member countries in developing and implementing adaptation strategies. See also mitigation.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.