Socio-economic analysis

The socio-economic analysis within RADOST refers to the changes of the regional economic structures expected as a result of climate change. Possible income and employment aspects as well as the costs and benefits of individual adaption measures will be analyzed.

The following tasks are scheduled within this module (see image below):

Image: Structure of the socio-economic analysis and links with other RADOST subprojects.

Click here or on the image to see an enlarged version (JPEG, 256 kByte).

In a first step, socio-economic data and information will be provided to help establish and support the dialogue processes. This data will be identified through a regional economic analysis and an analysis of the stakeholder network.

Based on this data and in cooperation with local stakeholders, basic sectoral and macroeconomic scenarios will be developed to project the impacts of climate change on the regional economy.

The adaption strategies developed during the dialogue process will be investigated further. An input-output analysis and an enhanced cost-benefit analysis will assess the regional income and employment effects as well as the actual costs of implementing these strategies in comparison with the long-term benefits.

These results will continuously be reported back into the dialogue process and will thus support further discussion and the refinement of regional adaptation strategies in an iterative process.

The socio-economic analyses conducted in this subproject provide a substantial contribution to the elaboration of appropriate regional adaption strategies for climate change. The user-oriented design and implementation of the subproject actively incorporates regional stakeholders into the project.

The information and adaptation strategies generated during the course of this project will strengthen the economic potential of specific regions. At the same time, individual methods developed within the project will also be suited to support the development of adaptation strategies in other coastal regions.