Institutional and cultural evolutions to unlock the full potential of climate change adaptation in the private sector

11:15 Wednesday 29 May

SS021 • OC123

Room S11

 

Vivian Depoues (France) 1,2; Youssef Diab (France) 3; Vincent Viguie (France) 4

1 - I4CE; 2 - CEARC; 3 - Lab Urba; 4 - CIRED - Ecole des Ponts ParisTech

The current economic and institutional context in France makes it difficult for private actors providing public services to contribute effectively to the anticipation and adaptation of the economy to climate change. Based on a cross-analysis of multiple recent case-studies – in the railway, road and construction sectors – and similar contexts (such as existing research on water-governance), we propose in this talk to share multiple practitioner’s feedbacks and examples of locked situations and to analyse to what extent emerging research in institutional economics can suggest proposals to unlock them. We will first present a brief overview of the major barriers to adaptation actually described by the actors themselves and consistent with the existing literature; namely: (i) technical and methodological constraints; (ii) an inappropriate institutional and regulatory framework and (iii) poor market demand from public and private actors for adapted solutions. Then, we will propose insights to overcome these barriers. One of the main challenges is to promote a more open debate about risk-management policies: The issue is to move from technical discussions on rigid rules and standards to political discussions of adaptation pathways.