Global Economic Impacts Of Physical Climate Risks
DOWNLOAD
Download Global Economic Impacts Of Physical Climate Risks PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Global Economic Impacts Of Physical Climate Risks book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Global Economic Impacts Of Physical Climate Risks
DOWNLOAD
Author : Caterina Lepore
language : en
Publisher: International Monetary Fund
Release Date : 2023-09-08
Global Economic Impacts Of Physical Climate Risks written by Caterina Lepore and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-08 with Business & Economics categories.
This paper evaluates the global economic consequences of physical climate risks under two Shared Socioeconomic Pathways (SSP 1-2.6 and SSP 2-4.5) using firm-level evidence. Firstly, we estimate the historical sectoral productivity changes from chronic climate risks (gradual changes in temperature and precipitation) and extreme climate conditions (representative of heatwaves, coldwaves, droughts, and floods). Secondly, we produce forward-looking sectoral productivity changes for a global multisectoral sample of firms. For floods, these estimates account for the persistent productivity changes from the damage to firms’ physical capital. Thirdly, we assess the macroeconomic impact of these shocks within the global, multisectoral, intertemporal general equilibrium model: G-Cubed. The results indicate that, in the absence of additional adaptation relative to that already achieved by 2020, all the economies would experience substantial losses under the two climate scenarios and the losses would increase with global warming. The results can be useful for policymakers and practitioners interested in conducting climate risk analysis.
Economic Risks Of Climate Change
DOWNLOAD
Author : Trevor Houser
language : en
Publisher: Columbia University Press
Release Date : 2015-08-18
Economic Risks Of Climate Change written by Trevor Houser and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-18 with Business & Economics categories.
Climate change threatens the economy of the United States in myriad ways, including increased flooding and storm damage, altered crop yields, lost labor productivity, higher crime, reshaped public-health patterns, and strained energy systems, among many other effects. Combining the latest climate models, state-of-the-art econometric research on human responses to climate, and cutting-edge private-sector risk-assessment tools, Economic Risks of Climate Change: An American Prospectus crafts a game-changing profile of the economic risks of climate change in the United States. This prospectus is based on a critically acclaimed independent assessment of the economic risks posed by climate change commissioned by the Risky Business Project. With new contributions from Karen Fisher-Vanden, Michael Greenstone, Geoffrey Heal, Michael Oppenheimer, and Nicholas Stern and Bob Ward, as well as a foreword from Risky Business cochairs Michael Bloomberg, Henry Paulson, and Thomas Steyer, the book speaks to scientists, researchers, scholars, activists, and policy makers. It depicts the distribution of escalating climate-change risk across the country and assesses its effects on aspects of the economy as varied as hurricane damages and violent crime. Beautifully illustrated and accessibly written, this book is an essential tool for helping businesses and governments prepare for the future.
Managing Climate Risk In The U S Financial System
DOWNLOAD
Author : Leonardo Martinez-Diaz
language : en
Publisher: U.S. Commodity Futures Trading Commission
Release Date : 2020-09-09
Managing Climate Risk In The U S Financial System written by Leonardo Martinez-Diaz and has been published by U.S. Commodity Futures Trading Commission this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-09 with Science categories.
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
Natural Disasters And Climate Change
DOWNLOAD
Author : Stéphane Hallegatte
language : en
Publisher: Springer
Release Date : 2014-09-17
Natural Disasters And Climate Change written by Stéphane Hallegatte and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-17 with Business & Economics categories.
This book explores economic concepts related to disaster losses, describes mechanisms that determine the economic consequences of a disaster, and reviews methodologies for making decisions regarding risk management and adaptation. The author addresses the need for better understanding of the consequences of disasters and reviews and analyzes three scientific debates on linkage between disaster risk management and adaptation to climate change. The first involves the existence and magnitude of long-term economic impact of natural disasters on development. The second is the disagreement over whether any development is the proper solution to high vulnerability to disaster risk. The third debate involves the difficulty of drawing connections between natural disasters and climate change and the challenge in managing them through an integrated strategy. The introduction describes economic views of disaster, including direct and indirect costs, output and welfare losses, and use of econometric tools to measure losses. The next section defines disaster risk, delineates between “good” and “bad” risk-taking, and discusses a pathway to balanced growth. A section entitled “Trends in Hazards and the Role of Climate Change” sets scenarios for climate change analysis, discusses statistical and physical models for downscaling global climate scenarios to extreme event scenarios, and considers how to consider extremes of hot and cold, storms, wind, drought and flood. Another section analyzes case studies on hurricanes and the US coastline; sea-level rises and storm surge in Copenhagen; and heavy precipitation in Mumbai. A section on Methodologies for disaster risk management includes a study on cost-benefit analysis of coastal protections in New Orleans, and one on early-warning systems in developing countries. The next section outlines decision-making in disaster risk management, including robust decision-making, No-regret and No-risk strategies; and strategies that reduce time horizons for decision-making. Among the conclusions is the assertion that risk management policies must recognize the benefits of risk-taking and avoid suppressing it entirely. The main message is that a combination of disaster-risk-reduction, resilience-building and adaptation policies can yield large potential gains and synergies.
Handbook Of Research On Climate Change And The Sustainable Financial Sector
DOWNLOAD
Author : Olarewaju, Odunayo Magret
language : en
Publisher: IGI Global
Release Date : 2021-06-25
Handbook Of Research On Climate Change And The Sustainable Financial Sector written by Olarewaju, Odunayo Magret and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-25 with Business & Economics categories.
Climate change is a major problem, generating both risks and opportunities that will have a direct impact on the economy and the financial sector. In recent years, climate change has threatened both the survival of the financial system and economic development. The growing occurrence of extreme climate events combined with the imprudent nature of economic growth can cause unsustainable levels of harm to the financial sectors. On the other hand, it presents a range of new business challenges. In contrast to the most evident physical risks, companies are vulnerable to transformational risks that arise from the reaction of society to climate change, such as technological change, regulation and markets that can boost the cost of doing business, threats to the profitability of existing goods, or effects on the value of the asset. Climate change also offers new business opportunities, and it has made research in the context of a sustainable financial sector indispensable. The Handbook of Research on Climate Change and the Sustainable Financial Sector focuses on the impacts of climate change on various sectors of the world economy. This book covers how businesses can improve their sustainability, the impact of climate change on the financial sector, and specifically, the impacts on financial services, supply chains, and the socio-economic status of the world. Beyond focusing on the impacts to the financial industry itself, this book assesses how climate change in the financial sector affects the well-being of society in areas such as unemployment, economic recessions, decreases in consumer purchases, and more. This book is essential for stockbrokers, business managers, directors, fund managers, financial analysts, consultants and actuaries, institutional investors, policymakers, practitioners, researchers, academicians, and students interested in a comprehensive view of the impact of climate change on the financial sector.
Climate Risks
DOWNLOAD
Author : Bob Buhr
language : en
Publisher: John Wiley & Sons
Release Date : 2023-05-30
Climate Risks written by Bob Buhr and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-30 with Business & Economics categories.
Assess the likelihood, timing and scope of climate risks In Climate Risks: An Investor’s Field Guide to Identification and Assessment, financial analyst Bob Buhr delivers a risk-based framework for classifying and measuring potential climate risks at the firm level, and their potential financial impacts. The author presents a “climate risk taxonomy” that encompasses a broad range of physical, transition and natural capital risks that may impact a firm’s financial profile. The taxonomy presented in the book will be of interest to investors and lenders involved in: The identification and assessment of the potential scope and impact of a wide range of risks that might normally remain outside of more traditional risk or credit analysis, usually for horizon issues; The determination of the points at which climate risks may crystallize into real and significant financial exposure The assessment of the relative aggregate riskiness of portfolios exposed to climate and natural capital risks at the firm level A rigorous and practical toolkit for the assessment and measurement of a broad range of potential climate risks, this book offers fund managers, portfolio analysts, risk experts, and other finance professionals a clear blueprint for assessing potential financial impacts at firms arising from climate change.
Climate Risk And Financial Intermediaries
DOWNLOAD
Author : Elisabetta Gualandri
language : en
Publisher: Springer Nature
Release Date :
Climate Risk And Financial Intermediaries written by Elisabetta Gualandri and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Climate Change Risk Management In Banks
DOWNLOAD
Author : Saloni P. Ramakrishna
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2023-12-04
Climate Change Risk Management In Banks written by Saloni P. Ramakrishna and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-04 with Business & Economics categories.
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 Impacts On Sustainable Natural Resource Management
DOWNLOAD
Author : Pavan Kumar
language : en
Publisher: John Wiley & Sons
Release Date : 2021-12-01
Climate Impacts On Sustainable Natural Resource Management written by Pavan Kumar and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-01 with Political Science categories.
CLIMATE IMPACTS ON SUSTAINABLE NATURAL RESOURCE MANAGEMENT Climate change has emerged as one of the predominant global concerns of the 21st century. Statistics show that the average surface temperature of the Earth has increased by about 1.18°C since the late 19th century and the sea levels are rising due to the melting of glaciers. Further rise in the global temperature will have dire consequences for the survival of humans on the planet Earth. There is a need to monitor climatic data and associated drivers of changes to develop sustainable planning. The anthropogenic activities that are linked to climate change need scientific evaluation and must be curtailed before it is too late. This book contributes significantly in the field of sustainable natural resource management linked to climate change. Up to date research findings from developing and developed countries like India, Indonesia, Japan, Malaysia, Sri Lanka and the USA have been presented through selected case studies covering different thematic areas. The book has been organised into six major themes of sustainable natural resource management, determinants of forest productivity, agriculture and climate change, water resource management and riverine health, climate change threat on natural resources, and linkages between natural resources and biotic-abiotic stressors to develop the concept and to present the findings in a way that is useful for a wide range of readers. While the range of applications and innovative techniques is constantly increasing, this book provides a summary of findings to provide the updated information. This book will be of interest to researchers and practitioners in the field of environmental sciences, remote sensing, geographical information system, meteorology, sociology and policy studies related to natural resource management and climate change.
Investing In Climate Investing In Growth
DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2017-05-23
Investing In Climate Investing In Growth written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-23 with categories.
This report provides an assessment of how governments can generate inclusive economic growth in the short term, while making progress towards climate goals to secure sustainable long-term growth. It describes the development pathways required to meet the Paris Agreement objectives.