Economics and Management of Climate Change Risks, Mitigation by Bernd Hansjürgens, Ralf Antes

By Bernd Hansjürgens, Ralf Antes

Climate swap is without doubt one of the largest demanding situations for mankind. even though there's expanding proof that weather swap is already happening, there's neither enough wisdom as to what quantity weather switch poses dangers to societies and corporations, nor approximately sufficient techniques to deal with those risks.

Bringing jointly a world team of students from environmental economics, political technology and enterprise, this e-book describes, analyses and evaluates weather switch hazards and responses of societies and firms. The booklet contributes to the query of the way weather swap may be mitigated by way of discussing effective and potent layout of mitigation measures, particularly emissions buying and selling and fresh improvement mechanism (CDM). putting certain emphasis at the impression of weather swap hazards on company, the publication investigates during which approach chosen sectors of the financial system are affected and what measures they could adopt to conform to weather switch risks.

Show description

Read Online or Download Economics and Management of Climate Change Risks, Mitigation and Adaptation PDF

Similar climatology books

Climate Cover-Up: The Crusade to Deny Global Warming

Speak of worldwide warming is almost inescapable nowadays — yet there are a few who think the idea that of weather swap is an difficult hoax. regardless of the enter of the world’s prime weather scientists, the urgings of politicians, and the outcry of many grassroots activists, many american citizens proceed to disregard the indicators of critical weather shifts.

Impact Tectonics

This quantity is the eighth in a chain of influence books caused by the actions of the medical software "Response of the Earth method to affect techniques" (IMPACT), through the eu technology origin. The booklet resulted from a global assembly at Mora, Sweden, which used to be held as a part of the effect application.

The Use of High Persormance Computing in Meteorology

The geosciences, really numerical climate prediction, are challenging the top degrees of accessible computing device strength. each moment 12 months, the ecu Centre for Medium-Range climate Forecasts, with its adventure in utilizing supercomputers during this box, organizes a workshop bringing jointly brands, desktop scientists, researchers and operational clients to proportion their reports and to benefit in regards to the most up-to-date advancements.

Large-Scale Disasters: Prediction, Control, and Mitigation

"Extreme" occasions - together with climatic occasions, resembling hurricanes, tornadoes, and drought - could cause great disruption to society, together with huge dying tolls and estate harm within the billions of greenbacks. occasions lately have proven the significance of being ready and that nations have to interact to aid alleviate the ensuing discomfort and anguish.

Additional info for Economics and Management of Climate Change Risks, Mitigation and Adaptation

Sample text

There is a very intensive discussion in the scientific community on what the right discount rate should be. However, within the scope of this paper it is impossible to present all the major arguments. For an overview read for example IPPC 1995, chapter 4; Lind and Schuler 1998; Markandya 1994, chapter 6; Maddison 1999. Here only the question whether risk assessment can be included into the discount rate is of interest. Friedrich and Bickel state that there are four possible reasons for discounting (Friedrich and Bickel, p.

In this study, we start from this debate and attempt to make a risk assessment based on the latest available climate model calculations of the IPCC (IPCC in press), which are themselves driven by a range of exploratory IPCC scenarios (Nakicenovic et al. 2000). Instead of attempting to attach a specific probability to each combination of climate model and SRES scenario (which for the case of the scenarios many argue is impossible, see Jones 2004), we take the pragmatic approach of assuming that they are all equal.

Dietz et al. (2007) show that the limitation on best-guess values instead of probability distribution functions considerably underestimates the weight of possible high-cost outcomes. With this explicit treatment of risk in their model, Hope and Stern have tried to include the objective probability of higher than expected future impacts. The consideration of risk aversion is still another issue. The Stern team use the negative of elasticity of the marginal utility of consumption η for the inclusion of risk aversion (Dietz in press, p.

Download PDF sample

Rated 4.90 of 5 – based on 5 votes