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Managing Climate Risks, Facing up to Losses and Damages by OECD Pdf
This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk.
Canada’s Top Climate Change Risks by The Expert Panel on Climate Change Risks and Adaptation Potential Pdf
Canada’s Top Climate Change Risks identifies the top risk areas based on the extent and likelihood of the potential damage, and rates the risk areas according to society’s ability to adapt and reduce negative outcomes. These 12 major areas of risk are: agriculture and food, coastal communities, ecosystems, fisheries, forestry, geopolitical dynamics, governance and capacity, human health and wellness, Indigenous ways of life, northern communities, physical infrastructure, and water. The report describes an approach to inform federal risk prioritization and adaptation responses. The Panel outlines a multi-layered method of prioritizing adaptation measures based on an understanding of the risk, adaptation potential, and federal roles and responsibilities.
Adapting to Climate Change by Mark Trexler,Laura Kosloff Pdf
Most companies do not yet recognize what it means to adapt to future climate change, and do not yet see it as a business priority. Adapting to Climate Change tackles two key questions facing decision makers: 1) Is adaptation worth it to me? and 2) If it is worth it, can I really tackle it? If a company has reason to worry about the potential impacts of weather on its operations and supply chains, it probably has cause to worry about climate change. However, "adapting to the weather" is not the same as incorporating climate change adaptation into corporate planning. In the former a company is managing conditions they are already experiencing. The latter involves preparing for forecasted impacts of climate change. Focusing on today’s weather and not tomorrow’s climate leaves a lot of risk on the table, especially if the climate continues to change faster than many climate models have projected. The uncertainties associated with forecasting climate change on a timeframe and at a scale that is relevant to corporate decision making can appear daunting. It is not necessary, however, to have perfect information to advance corporate preparedness for and resilience to climate change. Companies can improve their ability to make robust decisions under conditions of uncertainty without perfect information. A Bayesian approach to reducing uncertainty over time can cost-effectively support companies in understanding and managing many potential climate risks and can avoid the need to depend on future predictions. Instead, initial effort can focus on where a company will have confidence in its analysis and the ability to influence its level of risk, namely in assessing its exposure and vulnerability to climate hazards. As the hazards themselves become more clear, risk management strategies can be quickly adapted.
Climate Extremes and Their Implications for Impact and Risk Assessment by Jana Sillmann,Sebastian Sippel,Simone Russo Pdf
Climate extremes often imply significant impacts on human and natural systems, and these extreme events are anticipated to be among the potentially most harmful consequences of a changing climate. However, while extreme event impacts are increasingly recognized, methodologies to address such impacts and the degree of our understanding and prediction capabilities vary widely among different sectors and disciplines. Moreover, traditional climate extreme indices and large-scale multi-model intercomparisons that are used for future projections of extreme events and associated impacts often fall short in capturing the full complexity of impact systems. Climate Extremes and Their Implications for Impact and Risk Assessment describes challenges, opportunities and methodologies for the analysis of the impacts of climate extremes across various sectors to support their impact and risk assessment. It thereby also facilitates cross-sectoral and cross-disciplinary discussions and exchange among climate and impact scientists. The sectors covered include agriculture, terrestrial ecosystems, human health, transport, conflict, and more broadly covering the human-environment nexus. The book concludes with an outlook on the need for more transdisciplinary work and international collaboration between scientists and practitioners to address emergent risks and extreme events towards risk reduction and strengthened societal resilience. Provides an overview about past, present and future changes in climate and weather extremes and how to connect that knowledge to impact and risk assessment under global warming Presents different approaches to assess societal-relevant impacts and risk of climate and weather extremes, including compound events, and the complexity of risk cascades and the interconnectedness of societal risk Features applications across a diversity of sectors, including agriculture, health, ecosystem services and urban transport
Loss and Damage from Climate Change by Reinhard Mechler,Laurens M. Bouwer,Thomas Schinko,Swenja Surminski,JoAnne Linnerooth-Bayer Pdf
This book provides an authoritative insight on the Loss and Damage discourse by highlighting state-of-the-art research and policy linked to this discourse and articulating its multiple concepts, principles and methods. Written by leading researchers and practitioners, it identifies practical and evidence-based policy options to inform the discourse and climate negotiations. With climate-related risks on the rise and impacts being felt around the globe has come the recognition that climate mitigation and adaptation may not be enough to manage the effects from anthropogenic climate change. This recognition led to the creation of the Warsaw International Mechanism on Loss and Damage in 2013, a climate policy mechanism dedicated to dealing with climate-related effects in highly vulnerable countries that face severe constraints and limits to adaptation. Endorsed in 2015 by the Paris Agreement and effectively considered a third pillar of international climate policy, debate and research on Loss and Damage continues to gain enormous traction. Yet, concepts, methods and tools as well as directions for policy and implementation have remained contested and vague. Suitable for researchers, policy-advisors, practitioners and the interested public, the book furthermore: • discusses the political, legal, economic and institutional dimensions of the issue• highlights normative questions central to the discourse • provides a focus on climate risks and climate risk management. • presents salient case studies from around the world.
Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation by Christopher B. Field,Vicente Barros,Thomas F. Stocker,Qin Dahe Pdf
This Intergovernmental Panel on Climate Change Special Report (IPCC-SREX) explores the challenge of understanding and managing the risks of climate extremes to advance climate change adaptation. Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. Changes in the frequency and severity of the physical events affect disaster risk, but so do the spatially diverse and temporally dynamic patterns of exposure and vulnerability. Some types of extreme weather and climate events have increased in frequency or magnitude, but populations and assets at risk have also increased, with consequences for disaster risk. Opportunities for managing risks of weather- and climate-related disasters exist or can be developed at any scale, local to international. Prepared following strict IPCC procedures, SREX is an invaluable assessment for anyone interested in climate extremes, environmental disasters and adaptation to climate change, including policymakers, the private sector and academic researchers.
Managing Climate Risk in the U.S. Financial System by Leonardo Martinez-Diaz,Jesse M. Keenan Pdf
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Climate Change Impacts & Risk Management by Anonim Pdf
"A guide to integrating climate change impacts into risk management and other strategic planning activities in Australian public and private sector organisations." - page 8.
Author : Saloni P. Ramakrishna Publisher : Walter de Gruyter GmbH & Co KG Page : 328 pages File Size : 47,7 Mb Release : 2023-12-04 Category : Business & Economics ISBN : 9783110757958
Climate Change Risk Management in Banks by Saloni P. Ramakrishna Pdf
Banks, like other businesses, endeavor to drive revenue and growth, while deftly managing the risks. Dubbed the next "frontier" in risk management for financial services, climate related risks are the newest and potentially the most challenging set of risks that banks are encountering. On the one hand, banks must show their commitment to becoming net zero and, on the other, help their customers transition to more sustainable operations, all this while managing climate-related financial risks. It is a paradigm shift from how the banking industry has traditionally managed risks as climate change risks are complex. They are multilayered, multidimensional with uncertain climate pathways that impact real economy which in turn influences the financial ecosystem in myriad ways. Climate Change Risk Management in Banks weaves the complete lifecycle of climate risk management from strategy to disclosures, a must-read for academics, banking professionals and other stakeholders interested in understanding and managing climate change risk. It provides much-needed insights, enabling organizations to respond well to these new risks, protect their businesses, mitigate losses and enhance brand value. Saloni Ramakrishna, an acknowledged financial industry practitioner, argues that given the uncertain and volatile climate paths, complex geopolitical patterns, and sustainability challenges, banks and business professionals will benefit from a wholistic approach to managing climate change risks. The book provides a blueprint and a cohesive framework for embracing and maintaining such an approach, in a simple and structured format.
Climate Change and Disaster Risk Management by Walter Leal Filho Pdf
There has been some degree of reluctance in the past to consider disaster risk management within the mainstream of adaptation to climate variability and climate change. However, there is now wide recognition of the need to incorporate disaster risk management concerns in dealing with such phenomena. There is also a growing awareness of the necessity for a multi-sectoral approach in managing the effects of climate variability and climate change, since this can lead to a significant reduction of risk. This book presents the latest findings from scientific research on climate variation, climate change and their links with disaster risk management. It showcases projects and other initiatives in this field that are being undertaken in both industrialised and developing countries, by universities and scientific institutions, government bodies, national and international agencies, NGOs and other stakeholders. Finally, it discusses current and future challenges, identifying opportunities and highlighting the still unrealised potential for promoting better understanding of the connections between climate variation, climate change and disaster risk management worldwide.
National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Division on Earth and Life Studies,Board on Environmental Change and Society,Board on Atmospheric Sciences and Climate,Committee to Review the Draft Fourth National Climate Assessment
Author : National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Division on Earth and Life Studies,Board on Environmental Change and Society,Board on Atmospheric Sciences and Climate,Committee to Review the Draft Fourth National Climate Assessment Publisher : National Academies Press Page : 207 pages File Size : 47,6 Mb Release : 2018-06-18 Category : Science ISBN : 9780309471695
Review of the Draft Fourth National Climate Assessment by National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Division on Earth and Life Studies,Board on Environmental Change and Society,Board on Atmospheric Sciences and Climate,Committee to Review the Draft Fourth National Climate Assessment Pdf
Climate change poses many challenges that affect society and the natural world. With these challenges, however, come opportunities to respond. By taking steps to adapt to and mitigate climate change, the risks to society and the impacts of continued climate change can be lessened. The National Climate Assessment, coordinated by the U.S. Global Change Research Program, is a mandated report intended to inform response decisions. Required to be developed every four years, these reports provide the most comprehensive and up-to-date evaluation of climate change impacts available for the United States, making them a unique and important climate change document. The draft Fourth National Climate Assessment (NCA4) report reviewed here addresses a wide range of topics of high importance to the United States and society more broadly, extending from human health and community well-being, to the built environment, to businesses and economies, to ecosystems and natural resources. This report evaluates the draft NCA4 to determine if it meets the requirements of the federal mandate, whether it provides accurate information grounded in the scientific literature, and whether it effectively communicates climate science, impacts, and responses for general audiences including the public, decision makers, and other stakeholders.
A Short Guide to Climate Change Risk by Nigel Arnell Pdf
Climate change poses a risk to business operations and to markets, and a poor business response to this risk can lead to reputational damage, or worse. At the same time, climate change can bring opportunities for some businesses. In this addition to Gower’s series of Short Guides to Business Risk, Professor Arnell, one of the world’s leading experts in the field, reviews this critical area of risk posed to businesses and other organisations by climate change and considers how they can respond to this threat. A Short Guide to Climate Change Risk focuses on the impacts and consequences of climate change rather than on business use of energy or business and 'sustainability' issues. The author examines the advantages and disadvantages of different approaches to addressing these risks, with international case study examples. With chapters on the nature, science and politics of climate change, on the assessment and management of climate change risks, and recommendations for incorporating climate change risks into a Company Risk Management System, this concise guide serves the needs of business students and practitioners across a wide range of sectors, public and private.
Managing Climate Risks in Coastal Communities by Lawrence Susskind,Danya Rumore,Carri Hulet,Patrick Field Pdf
Drawing on research from the New England Climate Adaptation Project, “Managing Climate Risks for Coastal Communities” introduces a framework for building local capacity to respond to climate change. The authors maintain that local climate adaptation efforts require collective commitments to risk management, but that many communities are not ready to take on the challenge and urgently need enhanced capacity to support climate adaptation planning. To this end, the book offers statistical assessments of one readiness enhancement strategy, using tailored role-play simulations as part of a broader engagement approach. It also introduces methods for forecasting local climate change risks, as well as for evaluating the social and political context in which collective action must take place. With extensive illustration and example engagement materials, this volume is tailored for use by researchers, policy makers and practitioners.
Åsa Gerger Swartling,Carlo Aall,Emmanuel M. N. A. N. Attoh
Author : Åsa Gerger Swartling,Carlo Aall,Emmanuel M. N. A. N. Attoh Publisher : Frontiers Media SA Page : 185 pages File Size : 46,8 Mb Release : 2023-12-12 Category : Science ISBN : 9782832540640
New Approaches to Local Climate Change Risk Analysis by Åsa Gerger Swartling,Carlo Aall,Emmanuel M. N. A. N. Attoh Pdf
The JPI Climate – AXIS project “Unpacking climate impact CHAINs. A new generation of action – and user-oriented climate change risk assessments” (UNCHAIN) is approaching its end date (31.12.2022), and the project is looking for an opportunity to collect its remaining scientific publications into a Research Topic. The overall objective of UNCHAIN is to improve climate change risk assessment frameworks aimed at informed decision-making and climate change adaptation action through six methodological innovations: • To also cover the possible need for long-term and large-scale efforts of societal transformation; • To refine a structured method of co-production of knowledge and integrate this into impact modelling; • To develop and test an applicable framework for analyzing how societal change can affect local climate change vulnerabilities; • To develop and test a standardized analytical framework for addressing uncertainties involved in local decision-making on climate change adaptation; • To integrate the trans-national impacts of climate change; and, • To link mitigation and adaptation in climate risk and vulnerability assessments.
