Each of the regions is being affected differently by climate change according to their particular circumstances and conditions and will have to implement measures to minimize and address these impacts through a combination of mitigation and adaptation measures. In order to make informed decisions about climate change policies and plans, countries need to: know how their economies will be affected by the impacts of climate change; be aware about the costs of inaction; and estimate the costs of different options for mitigation and adaptation to confront climate change in cost-effective manner.
Working with their UN and other regional partners, the Regional Commissions are mobilizing their normative, analytical and technical capacities to undertake collaborative initiatives and actions to assist Member States to develop coherent development policies that tackle climate change, including through the assessment of the economic impacts of climate change, evaluating the costs of mitigation and adaptation measures and exploring options for climate change financing. An overview of these actions and initiatives in each region will be presented during the dialogue with the Second Committee.
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