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Climate-Smart Marine Protected Areas
Climate-Smart Marine Protected Areas

... • Tips on Naming a Certifying Authority: • Name a certifying authority outside the MPA or its network and/or agency; this adds integrity and defensibility to the certification process. • Ensure the Certifying Authority has the relevant expertise, including about MPAs, to ...
Adapting_to_Climate_Change_ - MDG-F
Adapting_to_Climate_Change_ - MDG-F

... on climate change won’t create or exaggerate these other vulnerabilities; ...
PDF
PDF

... such as infrastructure or research and development plus trades off with consumption. Thus the issue is: What is the appropriate level of climate investment versus traditional consumption and investment considering the effects that climate change would have on well being? Wang and McCarl, (2013) stud ...
IPCC Factsheet:  What is the IPCC?
IPCC Factsheet: What is the IPCC?

... IPCC Factsheet: What is the IPCC? The Intergovernmental Panel on Climate Change (IPCC) is the international body for assessing the science related to climate change. The IPCC was set up in 1988 by the World Meteorological Organization (WMO) and United Nations Environment Programme (UNEP) to provide ...
Vulnerability to climate change in three hot spots in Africa and Asia
Vulnerability to climate change in three hot spots in Africa and Asia

... US $20–30 billion per year by 2030 at the latest (Fankhauser and Schmidt-Traub 2011). Although some mechanisms are being set up to finance actions to respond to the challenges posed by climate change (see Biagini et al. 2014), it is important to tackle the uncertainty associated with programming for ...
POPRC-9/8: Guidance on how to assess the possible impact of
POPRC-9/8: Guidance on how to assess the possible impact of

... proposed for listing. It is a systematically narrative review, which is science-based and aims to describe the state-of-the-art science using the weight-of-evidence approach. The review shall be nuanced, trying to get all aspects of relevance integrated in a balanced manner, including positive and n ...
ece11 Asheim  16688487 en
ece11 Asheim 16688487 en

... measures to justify their present costs. This was one of the earliest findings in the economic literature on climate change (cf. Cline, 1992; Nordhaus, 1991). One way of treating generations equally is to evaluate policies according to undiscounted utilitarianism, whereby future utilities are summed ...
Responding to Threats of Climate Change Mega
Responding to Threats of Climate Change Mega

... flooding, droughts, and hurricanes. What has received significantly less attention is the possibility that a number of smaller disasters all occurring over a relatively short time period, especially in close proximity, could mutually reinforce each other in such a way that the resulting cascade of c ...


... production are expected to rise. In aggregate, in every decade up to 2050, these sub-sectors combined are expected to experience a gain under climate change with the highest gains under A2. By 2050, the cumulative gain under A2 is calculated as approximately US$389.35 million and approximately US$31 ...
COP 17 and accountants: where next? AccountAncy futures
COP 17 and accountants: where next? AccountAncy futures

... Broadly, the consensus of our experts is as follows. • The Kyoto Protocol was a breakthrough agreement, but a flawed one. Its failure to address the future obligations of countries not covered by the agreement has created a political stand-off preventing any new international agreement on emissions ...
Arunanondchai, P., C.C. Fei, A.C. Fisher, B.A. McCarl, W.W. Wang
Arunanondchai, P., C.C. Fei, A.C. Fisher, B.A. McCarl, W.W. Wang

... One is that they omit the potential increase in global mean temperature (GMT) due to Arctic permafrost melting and release of carbon dioxide and methane. This omission may be defensible on the grounds that the cumulative release is uncertain at this time, but it is already occurring on a small scale ...
NBER WORKING PAPER SERIES RARE DISASTERS, TAIL-HEDGED INVESTMENTS, AND RISK-ADJUSTED DISCOUNT RATES
NBER WORKING PAPER SERIES RARE DISASTERS, TAIL-HEDGED INVESTMENTS, AND RISK-ADJUSTED DISCOUNT RATES

... further ado, for the purposes of this paper I identify the economy-wide average return on all investments as being re = 7%. The riskfree rate on a safe investment is typically proxied by the average real return on very short term U.S. treasury bills. This number is about one percent per year.3 Once ...
Download paper (PDF)
Download paper (PDF)

... To set the stage, we begin by surveying the area where economics has the least direct relevance: understanding the relationship between greenhouse gas buildup and possible future climate states. What can the scientiÞc community tell us about these relationships, and with what degree of certainty? Th ...
Page 1 of 2 IPCC - Intergovernmental Panel on Climate Change 4/1
Page 1 of 2 IPCC - Intergovernmental Panel on Climate Change 4/1

... observations and new analyses have broadened our understanding and enabled many uncertainties to be reduced. New information has also led to some new questions in areas such as unanticipated changes in ice sheets, their potential effect on sea level rise, and the implications of complex interactions ...
Have disaster losses increased due to anthropogenic climate change?
Have disaster losses increased due to anthropogenic climate change?

... Some major studies on the costs of climate change have been made over the course of past years (e.g. Pearce et al. 1996; Tol 2005; Stern 2007). The costs from weather extremes however, are in general omitted or included in a very crude manner in the models of the costs of climate change (Tol 2002; H ...
The paradox of Anthony Giddens
The paradox of Anthony Giddens

... alarm bells sound as early as page two, where the ‘Giddens paradox’ is defined: “It states that, since the dangers posed by global warming aren't tangible, immediate or visible in the course of day-to-day life – however awesome they may appear – many will sit on their hands and do nothing concrete a ...
Joint Comments to Army Corps of Engineers
Joint Comments to Army Corps of Engineers

... the  extraterritorial  interests  of  U.S.  citizens  including  financial  interests  and  altruism.   •   Fourth,  reliance  on  a  3%  or  lower  discount  rate  for  inter-­‐generational  effects—or  a  declining   discount  rate—is  consiste ...


... alter their behaviours and practices so as to minimise their exposure to harmful outcomes as it relates to the incidence of these diseases. ...
451kB - Surrey Research Insight Open Access
451kB - Surrey Research Insight Open Access

... hear that question from them, now’. That is, ‘we’ have a parental duty to not just one generation but countless many. For some, then, a position of parenthood may even be discernible, though never explicitly or plaintively phrased, in the Brundtland Commission’s definition of sustainable developmen ...
Planning for transport in the wake of Stern and Eddington
Planning for transport in the wake of Stern and Eddington

... through the often-heated exchanges on the economic impacts of climate change, identifying critical changes to policy needed to move towards a low carbon economy. Arguing that action needs to be taken now, given the long lead-in times before benefits materialize, Stern estimated that tackling climate ...
Climate policy under sustainable discounted utilitarianism: Working Paper 42 (830 kB) (opens in new window)
Climate policy under sustainable discounted utilitarianism: Working Paper 42 (830 kB) (opens in new window)

... from present abatement eorts makes it harder for such measures to justify their present costs. In this paper, we propose sustainable discounted utilitarianism (SDU) as an alternative principle for evaluation of climate policy. Unlike undiscounted utilitarianism, which always assigns zero relative w ...
Adaptation - ACCA Global
Adaptation - ACCA Global

... are changing, increasing the risk of flooding and drought; and there is increasing competition for natural resources. These are not environmental issues, they are core business risks. More importantly, they present huge commercial opportunities and cost savings for the businesses that are first to a ...
Efforts on Climate Change in Malaysia: A Preliminary Assessment
Efforts on Climate Change in Malaysia: A Preliminary Assessment

... Whilst Malaysia recognises that climate change is a global challenge, which the threats historically stem from the emissions of greenhouse gas from developed countries, it also faces challenges arose from international socio-political obligations. As a rapidly industrialising economy with relatively ...
CPUC Workshop on Societal Cost Test
CPUC Workshop on Societal Cost Test

... Ramsey formula Based on a model of economic growth and intertemporal consumption choices by British mathematician Frank Ramsey ...
Optimal Climate Change Policies When Governments Cannot Commit
Optimal Climate Change Policies When Governments Cannot Commit

... activity that will limit the ultimate rise in temperature. This is contrasted with potential losses equivalent to at least 5% of GDP forever from doing nothing. The Review notes that climate change takes place in a global economy with many distortions and consequently advocates a range of policies r ...
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Stern Review

The Stern Review on the Economics of Climate Change is a 700-page report released for the British government on 30 October 2006 by economist Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE. The report discusses the effect of global warming on the world economy. Although not the first economic report on climate change, it is significant as the largest and most widely known and discussed report of its kind.The Review states that climate change is the greatest and widest-ranging market failure ever seen, presenting a unique challenge for economics. The Review provides prescriptions including environmental taxes to minimise the economic and social disruptions. The Stern Review's main conclusion is that the benefits of strong, early action on climate change far outweigh the costs of not acting. The Review points to the potential impacts of climate change on water resources, food production, health, and the environment. According to the Review, without action, the overall costs of climate change will be equivalent to losing at least 5% of global gross domestic product (GDP) each year, now and forever. Including a wider range of risks and impacts could increase this to 20% of GDP or more, also indefinitely. Stern believes that 5–6 degrees of temperature increase is ""a real possibility.""The Review proposes that one percent of global GDP per annum is required to be invested to avoid the worst effects of climate change. In June 2008, Stern increased the estimate for the annual cost of achieving stabilisation between 500 and 550 ppm CO2e to 2% of GDP to account for faster than expected climate change.There has been a mixed reaction to the Stern Review from economists. Several economists have been critical of the Review, for example, a paper by Byatt et al. (2006) describes the Review as ""deeply flawed"". Some economists (such as Brad DeLong and John Quiggin) have supported the Review. Others have criticised aspects of Review's analysis, but argued that some of its conclusions might still be justified based on other grounds, e.g., see papers by Martin Weitzman (2007) and Dieter Helm (2008).
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