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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.
A global climate regime is a global framework that aims at regulating the interaction of human activity with the global climate system, to mitigate global climate change. The framework for such a regime was developed by the United Nations Framework Convention on Climate Change , or UNFCCC for short.
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.
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.
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]
You might wonder how we disentangle the effects of urban heat islands from climate change. Well, evidence of warming across the planet has been seen in the oceans, too, where urbanization is not a ...
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]