A specific form of maladaptation is so-called green gentrification, this privileges wealthy urban residents in urban greening projects . For example, in Miami-Dade County, Florida, USA, researchers found that adaptation functionality had a positive effect on property values . In New York City and Atlanta, Georgia, USA, research has shown that adaptation investments can increase property values and lead to neighbourhood change . In the Gold Coast and Sunshine Coast, South East Queensland, Australia, where local communities have a strong preference for waterfront living, local governments are pressured by property developers to protect these coastal zones . In Lagos, Nigeria, efforts to achieve climate resilience and sustainability through future city practices risk perpetuating the enclosure and commodification of land . The exclusionary outcomes of some adaptation interventions can therefore further heighten the risk to communities that are socioeconomically more vulnerable. See Section 6.3 for further discussion of equity and justice considerations in local climate adaptation.
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report