This report is a product of the research project “Framing multi-level and multi-actor adaptation responses in the Victorian context.” Previous working papers in this component analysed the variety of estimates of both the aggregate costs of disasters and the cost of specific climate-related events in Victoria (Keating and Handmer, 2011b), methodologies for assessing the costs of climate change (Keating and Handmer 2011a) and the current cost of climate anomalies to key vulnerable sectors in Victoria (Keating, Handmer & Whittaker, forthcoming). This report extends this work by extrapolating these estimates into the future under various climate scenarios, and highlighting issues pertinent to a full cost-benefit analysis of climate change adaptation in Victoria.

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