The financial cost of climate change adaptation.
Climate change effects like heatwaves, floods, wildfires, sea level rise, and others, put additional financial burdens on countries. They bring massive disruptions to the lives of citizens that only governments have the authority and capacity to address, usually by putting in place widespread or national responses, financed mainly through control over taxes and other forms of national resources.
With heatwaves, a government has to consider outfitting schools, public buses, hospitals and other public spaces with air conditioners or cooling systems. With floods, wildfires, and sea levels rise a government is typically engaged in citizens' rescue and relocation . . .