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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 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]
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]
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.
This approach is the dominant one where all world governments are engaged, which makes sense as the entire population of the world is affected by this issue. 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]
Some climate change effects: wildfire caused by heat and dryness, bleached coral caused by ocean acidification and heating, environmental migration caused by desertification, and coastal flooding caused by storms and sea level rise. Effects of climate change are well documented and growing for Earth's natural environment and human societies. Changes to the climate system include an overall ...
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. [1]
A related phenomenon driven by climate change is woody plant encroachment, affecting up to 500 million hectares globally. [218] Climate change has contributed to the expansion of drier climate zones, such as the expansion of deserts in the subtropics. [219] The size and speed of global warming is making abrupt changes in ecosystems more likely ...