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Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [299] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [300]
Discussions center on mitigation, adaptation, technology development and transfer, and financial resources and investment. During COP21, the international community funded investment in climate risk insurance as part of the strategies for addressing climate risk.
Climate risk insurance is a type of insurance designed to mitigate the financial and other risk associated with climate change, especially phenomena like extreme weather. [ 22 ] [ 23 ] [ 24 ] The insurance is often treated as a type of insurance needed for improving the climate resilience of poor and developing communities.
As of 2021 the remaining carbon budget for a 50-50 chance of staying below 1.5 degrees of warming is 460 bn tonnes of CO 2 or 11 + 1 ⁄ 2 years at 2020 emission rates. [13] Global average greenhouse gas per person per year in the late 2010s was about 7 tonnes [14] – including 0.7 tonnes CO 2 eq food, 1.1 tonnes from the home, and 0.8 tonnes from transport. [15]
This is a list of climate change initiatives of international, national, regional, and local political initiatives to take action on climate change (global warming). A Climate Action Plan (CAP) is a set of strategies intended to guide efforts for climate change mitigation .
The top-down approach is that of strong central oversight by a majority of world governments in determining how various approaches to climate change mitigation should be implemented. [9] This approach has been the largest route to tackling the goal of solving climate change, however the world is not on track to reach the under 2°C warming in ...
Furthermore, climate change may disrupt the ecology among interacting species, via changes on behaviour and phenology, or via climate niche mismatch. [9] The disruption of species-species associations is a potential consequence of climate-driven movements of each individual species in opposite directions.
Climate action (or climate change action) refers to a range of activities, mechanisms, policy instruments, and so forth that aim at reducing the severity of human-induced climate change and its impacts. "More climate action" is a central demand of the climate movement. [1] Climate inaction is the absence of climate action.