scholarly journals Assessing climate risks across different business sectors and industries: an investigation of methodological challenges at national scale for the UK

2018 ◽  
Vol 376 (2121) ◽  
pp. 20170307 ◽  
Author(s):  
Swenja Surminski ◽  
Manuela Di Mauro ◽  
J. Alastair R. Baglee ◽  
Richenda K. Connell ◽  
Joel Hankinson ◽  
...  
Keyword(s):  
Climate Change ◽  
Risk Assessment ◽  
Grey Literature ◽  
Risk Assessments ◽  
National Scale ◽  
Climate Change Risk ◽  
Climate Risks ◽  
Methodological Challenges ◽  
Wide Range ◽  
The Uk

Climate change poses severe risks for businesses, which companies as well as governments need to understand in order to take appropriate steps to manage those. This, however, represents a significant challenge as climate change risk assessment is itself a complex, dynamic and geographically diverse process. A wide range of factors including the nature of production processes and value chains, the location of business sites as well as relationships and interdependencies with customers and suppliers play a role in determining if and how companies are impacted by climate risks. This research explores the methodological challenges for a national-scale assessment of climate risks through the lens of the UK Climate Change Risk Assessment (UKCCRA) process and compares the approaches adopted in the first and second UKCCRA (2011, 2016), while also reflecting on international experiences elsewhere. A review of these issues is presented, drawing on a wide body of contemporary evidence from a range of sources including the research disciplines, grey literature and government policy. The study reveals the methodological challenges and highlights six broad themes, namely scale, evidence base, adaptation responses, scope, interdependencies and public policy. The paper concludes by identifying suitable lessons for future national climate risk assessments, which should guide the next phase of research in preparation for UKCCRA3 and those of national-level risk assessments elsewhere. This article is part of the theme issue ‘Advances in risk assessment for climate change adaptation policy’.

scholarly journals Advancing national climate change risk assessment to deliver national adaptation plans

2018 ◽  
Vol 376 (2121) ◽  
pp. 20170295 ◽  
Author(s):  
R. F. Warren ◽  
R. L. Wilby ◽  
K. Brown ◽  
P. Watkiss ◽  
Richard A. Betts ◽  
...  
Keyword(s):  
Climate Change ◽  
Risk Assessment ◽  
The Novel ◽  
Climate Change Risk ◽  
Novel Approach ◽  
Statutory Duty ◽  
Wide Range ◽  
Impact Indicators ◽  
The Uk ◽  
Adaptation Action

A wide range of climate vulnerability and risk assessments have been implemented using different approaches at different scales, some with a broad multi-sectoral scope and others focused on single risks or sectors. This paper describes the novel approach to vulnerability and risk assessment which was designed and put into practice in the United Kingdom's Second Climate Change Risk Assessment (CCRA2) so as to build upon its earlier assessment (CCRA1). First, we summarize and critique the CCRA1 approach, and second describe the steps taken in the CCRA2 approach in detail, providing examples of how each was applied in practice. Novel elements of the approach include assessment of both present day and future vulnerability, a focus on the urgency of adaptation action, and a structure focused around systems of receptors rather than conventional sectors. Both stakeholders and reviewers generally regarded the approach as successful in providing advice on current risks and future opportunities to the UK from climate change, and the fulfilment of statutory duty. The need for a well-supported and open suite of impact indicators going forward is highlighted. This article is part of the theme issue ‘Advances in risk assessment for climate change adaptation policy'.

scholarly journals THE UK’S FIRST CLIMATE CHANGE RISK ASSESSMENT AND THE IMPLICATIONS FOR THE COAST

2012 ◽  
Vol 1 (33) ◽  
pp. 15
Author(s):  
Ian Howard Townend ◽  
Michael Panzeri ◽  
David Ramsbottom ◽  
Ian Townend ◽  
Steven Wade
Keyword(s):  
Climate Change ◽  
Risk Assessment ◽  
Carbon Emissions ◽  
Economic Value ◽  
Mitigation Measures ◽  
Climate Change Risk ◽  
Coastal Community ◽  
Government Action ◽  
Social Environmental ◽  
The Uk

In 2008 the Climate Change Act was passed into law in the UK. This provides a legally binding framework for reducing carbon emissions. Much of the focus of the Act is on reducing emissions and hence on mitigation measures, however, the Act also requires a risk assessment to be undertaken every five years. The assessment of the risks (including opportunities) from climate change has to address those things that have social, environmental and economic value in the UK. The objective is to create an enabling environment in which the capacity to adapt can be developed in an informed manner and identify priorities for Government action. The risk assessment informs the National Adaptation Programme and will be updated every five years. This paper outlines the method of analysis, presents some results and draws some conclusions, with particular reference to those aspects that are likely to be of interest to the coastal community.

A MODELING SYSTEM FOR CLIMATE CHANGE RISK ASSESSMENT, MANAGEMENT AND HEDGING IN COASTAL AREAS

2017 ◽  
Author(s):  
Sergei Soldatenko ◽  
Sergei Soldatenko ◽  
Genrikh Alekseev ◽  
Genrikh Alekseev ◽  
Alexander Danilov ◽  
...  
Keyword(s):  
Climate Change ◽  
Risk Assessment ◽  
Coastal Areas ◽  
Mitigation Strategies ◽  
System Structure ◽  
The Arctic ◽  
Risk Modeling ◽  
Wide Range ◽  
Adverse Weather ◽  
The Impact

Every aspect of human operations faces a wide range of risks, some of which can cause serious consequences. By the start of 21st century, mankind has recognized a new class of risks posed by climate change. It is obvious, that the global climate is changing, and will continue to change, in ways that affect the planning and day to day operations of businesses, government agencies and other organizations and institutions. The manifestations of climate change include but not limited to rising sea levels, increasing temperature, flooding, melting polar sea ice, adverse weather events (e.g. heatwaves, drought, and storms) and a rise in related problems (e.g. health and environmental). Assessing and managing climate risks represent one of the most challenging issues of today and for the future. The purpose of the risk modeling system discussed in this paper is to provide a framework and methodology to quantify risks caused by climate change, to facilitate estimates of the impact of climate change on various spheres of human activities and to compare eventual adaptation and risk mitigation strategies. The system integrates both physical climate system and economic models together with knowledge-based subsystem, which can help support proactive risk management. System structure and its main components are considered. Special attention is paid to climate risk assessment, management and hedging in the Arctic coastal areas.

scholarly journals Handling Interdependencies in Climate Change Risk Assessment

Climate ◽  
2015 ◽  
Vol 3 (4) ◽  
pp. 1079-1096 ◽  
Author(s):  
Richard Dawson
Keyword(s):  
Climate Change ◽  
Risk Assessment ◽  
Climate Change Risk

scholarly journals A Comparative Analysis of Climate-Risk and Extreme Event-Related Impacts on Well-Being and Health: Policy Implications

2018 ◽  
Vol 15 (2) ◽  
pp. 331 ◽  
Author(s):  
Walter Leal Filho ◽  
Abul Al-Amin ◽  
Gustavo Nagy ◽  
Ulisses Azeiteiro ◽  
Laura Wiesböck ◽  
...  
Keyword(s):  
Climate Change ◽  
Extreme Events ◽  
Extreme Event ◽  
Well Being ◽  
Lessons Learned ◽  
Policy Implications ◽  
Health Impacts ◽  
Climate Risks ◽  
Wide Range ◽  
Mental Problems

There are various climate risks that are caused or influenced by climate change. They are known to have a wide range of physical, economic, environmental and social impacts. Apart from damages to the physical environment, many climate risks (climate variability, extreme events and climate-related hazards) are associated with a variety of impacts on human well-being, health, and life-supporting systems. These vary from boosting the proliferation of vectors of diseases (e.g., mosquitos), to mental problems triggered by damage to properties and infrastructure. There is a great variety of literature about the strong links between climate change and health, while there is relatively less literature that specifically examines the health impacts of climate risks and extreme events. This paper is an attempt to address this knowledge gap, by compiling eight examples from a set of industrialised and developing countries, where such interactions are described. The policy implications of these phenomena and the lessons learned from the examples provided are summarised. Some suggestions as to how to avert the potential and real health impacts of climate risks are made, hence assisting efforts to adapt to a problem whose impacts affect millions of people around the world. All the examples studied show some degree of vulnerability to climate risks regardless of their socioeconomic status and need to increase resilience against extreme events.

Exploring machine learning potential for climate change risk assessment

2021 ◽  
pp. 103752
Author(s):  
Federica Zennaro ◽  
Elisa Furlan ◽  
Christian Simeoni ◽  
Silvia Torresan ◽  
Sinem Aslan ◽  
...  
Keyword(s):  
Climate Change ◽  
Machine Learning ◽  
Risk Assessment ◽  
Learning Potential ◽  
Climate Change Risk

scholarly journals Impacts of the Fossil Fuel Divestment Movement: Effects on Finance, Policy and Public Discourse

2018 ◽  
Vol 10 (7) ◽  
pp. 2529 ◽  
Author(s):  
Noam Bergman
Keyword(s):  
Climate Change ◽  
Public Discourse ◽  
Fossil Fuel ◽  
Grey Literature ◽  
Fiduciary Duty ◽  
Student Groups ◽  
Finance Industry ◽  
Fossil Fuel Industry ◽  
The Uk ◽  
The Impact

The fossil fuel divestment movement campaigns for removing investments from fossil fuel companies as a strategy to combat climate change. It is a bottom-up movement, largely based in university student groups, although it has rapidly spread to other institutions. Divestment has been criticised for its naiveté and hard-line stance and dismissed as having little impact on fossil fuel finance. I analyse the impact of divestment through reviewing academic and grey literature, complemented by interviews with activists and financial actors, using a theoretical framework that draws on social movement theory. While the direct impacts of divestment are small, the indirect impacts, in terms of public discourse shift, are significant. Divestment has put questions of finance and climate change on the agenda and played a part in changing discourse around the legitimacy, reputation and viability of the fossil fuel industry. This cultural impact contributed to changes in the finance industry through new demands by shareholders and investors and to changes in political discourse, such as rethinking the notion of ‘fiduciary duty.’ Finally, divestment had significant impact on its participants in terms of empowerment and played a part in the revitalisation of the environmental movement in the UK and elsewhere.

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