"Climate risk" refers to the potential harm or danger that can arise due to changes in Earth's climate. It includes various negative impacts such as extreme weather events, rising sea levels, droughts, and heatwaves that can pose threats to people, ecosystems, and economies. Essentially, it highlights the risks associated with the changing climate and its potential adverse effects.
Full definition
It aims to outline how the negative impact
of climate risks on agricultural production is transmitted to the most vulnerable communities and households.
To those of us focused
on climate risks and solutions, and science - based issues more generally, sure.
We know enough
about climate risk to assert that the level of risk is enough to be a serious issue, more so as time goes by.
The economic case for acting now on climate change is also supported by the increased focus from the finance sector towards
reducing climate risk on a global scale.
On the other hand, there are plenty of large corporations and institutional investors which
address climate risk in official policy statements and through management systems.
But we can dramatically reduce these water and
climate risks by choosing options such as renewable energy and energy efficiency.
Such valued attributes, to the extent they are vulnerable to climate change, should be the central focus of
climate risk assessment.
It explores global reporting practices on fossil fuel reserves and the nature of any information gaps, as well as considering what steps are necessary to integrate emerging and
future climate risks into disclosure.
Putting a price on carbon helps to incorporate
climate risks into the cost of doing business.
What we do about pricing and dealing
with climate risk — and how politicians argue about it in federal election cycles — may be very much in play.
• How are energy asset owners / managers identifying and
assessing climate risks, and how do these assessments inform investment and operational decisions?
They do so by training farmers how to cope with erratic weather patterns; they also try to
mitigate climate risks through paying for artificial hail suppression services, for instance.
The forces driving emissions of that long - lived greenhouse gas show few signs of shifting for the sake of limiting long -
term climate risk any time soon.
Such research investments would accelerate this development and could help avoid some of the
greatest climate risks that the lack of timely emissions reduction may make inevitable.
Green bonds are therefore an opportunity for investors to
integrate climate risk mitigation in a core fixed income allocation without changing too much the overall risk / return profile of their portfolio.
«They will need to provide strong examples of how good policy can drive economic growth and
climate risk reduction together,» the report says.
What will it take for major corporations to
take climate risks seriously, making sustainability reporting a routine part of financial filings?
Understanding
systemic climate risks: implications for the financial sector and lessons for central banks and financial regulators 2.
Investors can make a difference through green standards, green bonds and
better climate risk assessments.
But though their probability is difficult to assess, state shifts are a potentially large contributor to
overall climate risk.
Therefore, they should require additional disclosure on factors such as the carbon dioxide potential of fossil fuel reserves, to provide an indicator
whether climate risk is increasing or decreasing.
This sounds simple enough: we simply accept that we're going to face
higher climate risks and try to adapt.
It also places
climate risks much more firmly than before among a host of other problems faced by society, especially by the poor.
So, now it's time to hear from you on these, or other, efforts to use art to
convey climate risk and prompt a meaningful societal response.
This research combines social and climate modeling to reveal how interactions between
perceived climate risks and greenhouse gas emissions influence projected climate change.
These benefits include falling costs, and multiple social and environmental benefits which are increasingly front and centre of global policy concerns:
less climate risk, less price volatility and cleaner air.
The case for some measures, such as carbon capture and storage, will have to be made on the strength of
climate risk arguments.
Phrases with «climate risk»