The role of accounting in supporting adaptation to climate change |
| |
Authors: | Martina K Linnenluecke Jacqueline Birt Andrew Griffiths |
| |
Institution: | UQ Business School, The University of Queensland, St Lucia, QLD, Australia |
| |
Abstract: | The study is one of the first concerned with the topic of accounting and climate change adaptation. It proposes that the accounting role can support organisational climate change adaptation by performing the following functions: (i) a risk assessment function (assessing vulnerability and adaptive capacity), (ii) a valuation function (valuing adaptation costs and benefits) and (iii) a disclosure function (disclosure of risk associated with climate change impacts). This study synthesises and expands on existing research and practice in environmental accounting and sets the scene for future research and practice in the emerging area of accounting for climate risk. |
| |
Keywords: | Accounting Adaptation Climate change |
|