Climate Change: Opportunities to Reduce Federal Fiscal Exposure

Abstract

There were 14 separate billion-dollar weather and climate disaster events in the U.S. in 2018with a total cost of at least $91 billion. These costs will likely rise as the climate changes, researchers say. The federal governments fiscal exposure from climate change is on our High Risk List. We testified about potential budget impacts from climate change and how the government can reduce fiscal exposure, among other things. Climate change could damage federal property and increase the cost of disaster aid and some property and crop insurance. One way to reduce fiscal exposure is to establish federal strategic climate change priorities.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Jun 11, 2019
Accession Number
AD1157833

Entities

People

  • J. A. Gomez

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical
  • Engineered Resilient Systems

DTIC Thesaurus Topics

  • Climate Change
  • Climate Change Adaptation
  • Commerce
  • Department Of Homeland Security
  • Disasters
  • Federal Budgets
  • Floods
  • Governments
  • Law
  • National Governments
  • Public Policy
  • Sea Level Rise
  • Storm Surges
  • United States
  • United States Government

Fields of Study

  • Environmental science

Readers

  • Energy Conservation and Renewable Energy Engineering.
  • Government Contracting/Procurement.
  • Systems Analysis and Design