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National climate change strategy provides "an illusion of intervention and security", but actually largely fails to identify and mitigate the underlying causes of climate change, or to lay the ground for a mid-term and long-term adaptation strategy that can truly cope with "yet unknown levels of climatic and other structural changes". [30]
Climate risk management covers a broad range of potential actions, including: early-response systems, strategic diversification, dynamic resource-allocation rules, financial instruments (such as climate risk insurance), infrastructure design and capacity building.
Environmental issues relating to free trade: Vietnam is committed to multilateral environmental agreements, including those on climate change and biodiversity, [40] including the EU-Vietnam Free Trade Agreement and Investment Protection Agreement. To comply with these commitments, Vietnam would need strengthen regulations and enforcement on the ...
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]
[147] [148] In 2022, a group of scientists urged families around the world to have no more than one child as part of the transformative changes needed to mitigate both climate change and biodiversity loss. [149] However, because climate change needs to be limited within the next few decades, having fewer children now might not make much difference.
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.
The 2019 IPCC Special Report on the Ocean and Cryosphere in a Changing Climate defines a tipping point as: "A level of change in system properties beyond which a system reorganises, often in a non-linear manner, and does not return to the initial state even if the drivers of the change are abated. For the climate system, the term refers to a ...
Climate change adaptation is the process of adjusting to the effects of climate change. These can be both current or expected impacts. [1] Adaptation aims to moderate or avoid harm for people, and is usually done alongside climate change mitigation. It also aims to exploit opportunities. Humans may also intervene to help adjust for natural ...