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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.
The United Nations Intergovernmental Panel on Climate Change (IPCC) published a special report on Renewable Energy Sources and Climate Change Mitigation (SRREN) on May 9, 2011. [ 1 ] [ 2 ] The report developed under the leadership of Ottmar Edenhofer evaluates the global potential for using renewable energy to mitigate climate change .
Climate resilience is generally considered to be the ability to recover from, or to mitigate vulnerability to, climate-related shocks such as floods and droughts. [7] It is a political process that strengthens the ability of all to mitigate vulnerability to risks from, and adapt to changing patterns in, climate hazards and variability.
estimating economic costs of facilitating and implementing climate change mitigation and adaptation strategies (varying with the objectives and the levels of action required); see also economics of climate change mitigation. monetising the projected impacts to society per additional metric tonne of carbon emissions (social cost of carbon)
Ask CEOs what keeps them up at night, and you’ll likely get a brief answer from a familiar drop-down menu of angst—climate change, inflation, cyberattacks.But some of the most challenging ...
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. [ 1 ] [ 2 ] [ 3 ] The insurance is often treated as a type of insurance needed for improving the climate resilience of poor and developing communities.