mitigation costs

Synonyms

costs of mitigation

Definition

Mitigation (of disaster risk and disaster) is the lessening of the potential adverse impacts of physical hazards (including those that are human-induced) through actions that reduce hazard, exposure, and vulnerability; mitigation (of climate change) is a human intervention to reduce the sources or enhance the sinks of greenhouse gases - mitigation costs are calculated and estimated as part of the economics of adaptation (IPCC-SREX, 2014)