scholarly journals Better Understanding Insurance Mechanism in Dealing with Climate Change Risk, with Special Reference to China

Author(s):  
Feng Kong ◽  
Shao Sun

Climate change risk has become an important challenge for global sustainable development. The insurance industry can play an important role in coping with the increasingly severe climate change risk. This paper first describes the increasing climate change risk and the difficulties of the insurance mechanism in dealing with it. Then this paper summarizes the international practice of using the insurance mechanism to deal with climate change risk from ten different aspects. Based on the summary of the role of the insurance mechanism in dealing with this risk in developing countries, this paper puts forward the main application areas for climate change risk insurance and discusses the policy implications of developing climate change risk insurance in China.


2021 ◽  
Vol 164 (1-2) ◽  
Author(s):  
Chad S. Boda ◽  
Turaj Faran ◽  
Murray Scown ◽  
Kelly Dorkenoo ◽  
Brian C. Chaffin ◽  
...  

AbstractLoss and damage from climate change, recognized as a unique research and policy domain through the Warsaw International Mechanism (WIM) in 2013, has drawn increasing attention among climate scientists and policy makers. Labelled by some as the “third pillar” of the international climate regime—along with mitigation and adaptation—it has been suggested that loss and damage has the potential to catalyze important synergies with other international agendas, particularly sustainable development. However, the specific approaches to sustainable development that inform loss and damage research and how these approaches influence research outcomes and policy recommendations remain largely unexplored. We offer a systematic analysis of the assumptions of sustainable development that underpins loss and damage scholarship through a comprehensive review of peer-reviewed research on loss and damage. We demonstrate that the use of specific metrics, decision criteria, and policy prescriptions by loss and damage researchers and practitioners implies an unwitting adherence to different underlying theories of sustainable development, which in turn impact how loss and damage is conceptualized and applied. In addition to research and policy implications, our review suggests that assumptions about the aims of sustainable development determine how loss and damage is conceptualized, measured, and governed, and the human development approach currently represents the most advanced perspective on sustainable development and thus loss and damage. This review supports sustainable development as a coherent, comprehensive, and integrative framework for guiding further conceptual and empirical development of loss and damage scholarship.





2018 ◽  
Vol 10 (9) ◽  
pp. 3269 ◽  
Author(s):  
Chih-Chun Kung ◽  
Bruce McCarl

The world faces unprecedented threats from climate change and increasing variability, which severely impacts human society and the natural environment. To reduce future climate change and ensure our economies can grow in a sustainable way, sustainable energy development is considered to be an effective approach. In this context, sustainable energy development involves augmenting our energy supplies and managing demands in a fashion that societal energy needs are met with a minimal effect on greenhouse gas emissions and a nominal resultant contribution to future climate change. In this Special Issue, research papers focus on the role of sustainable energy development (while addressing important dimensions of sustainability), which mandates an inter-disciplinary perspective in all articles. We collected 11 such papers that have analyzed a broad array of topics related to bioenergy, wind power, industrial innovation, and climate change mitigation. These papers show the varied application of renewable energy and climate change energy responses, while providing meaningful decision-making information and policy implications.





2017 ◽  
pp. 173-180
Author(s):  
Mahesh Patel ◽  
J.G. Rangiya ◽  
K.J Patel

Recognizing the pressing global problem of climate change, the IPCC was formed in 1988 as an apex source to holistically address the issue. It strives to critically congregate best scientific, technical and socio-economic data on global climate change to produce various papers and reports which become standard works of reference (UNEP, 2004). IPCC has contributed extensively to unleash the mitigation potential from the perspective of agriculture, correlating it with climate change policy, environmental quality and ultimately, sustainable development (Working group II, 2007). Agriculture lands form 40- 50% of the earth’s land surface and contribute to 10-12% of the Greenhouse gas (GHG) emissions. In this sector, by improved crop, soil, water, livestock and water management, the mitigation of climate change can be approached in a cost-effective way than other sectors. Hence this paper dwells into the significant role of IPCC to progress towards sustainable development in agriculture sector. It would discuss about how agriculture management activities would decrease GHG emissions and increase carbon sequestration (Technical group V, 2002). In the warming world, precipitation is skewed, sea level is rising, glaciers are melting, acidic levels in oceans are rising and dissolved oxygen in sea water is declining (IPCC, 2014). Hence major river floods are likely, which is a threat to the food production. This paper would highlight the need to limit effects of climate change to achieve sustainable development as the focus, and would further discuss social equity and poverty eradication. It would explore adaptation and mitigation methods to enumerate short and long-term goals to combat climate change from reinvented livestock and crop systems, beneficial land use changes, improved fertilizers and advanced technological perspectives (IPCC, 1990). It would enforce the learnings from IPCC’s contributions enumerating how agriculture must have a high synergy with sustainable development to address global climate change.



2020 ◽  
Author(s):  
Donatella Porrini ◽  
Francesco De Masi

AbstractIn a world of increasing and worse and worse climate events, there is an urgent need to find how to manage the climate change risk and make cultural heritage more resilient. Given the relevant threat represented by climate-related events, this paper aims to analyze the role of insurance in safeguarding cultural heritage from natural disasters. The focus is on Italian Churches seen as a particular case of study. Taking into consideration the characteristics of the managing risk strategy, we use a value-belief-norm approach and a decision tree analysis to evaluate the efficiency of the governance scheme adopted. In the case examined of the Italian Churches, the strategy is mainly based on a private insurance contract characterized by a double track, local and national, to reach the important goal of the full coverage of all churches. We conclude that cultural heritage can drive climate action and the originality of the Italian Churches strategy can represent a benchmark in this field.



2019 ◽  
Vol 34 ◽  
Author(s):  
Faith Tigere

The role of G20 and its impact on African and global policies have always been up for debate. Over the years since the establishment of the G20, policies ranging from climate change, financial flows and sustainable development have increasingly featured on the G20’s agenda. This agenda has expanded over the years to include much broader topics that are increasingly relevant to the global economic community. This has resulted in significant overlaps between the G20’s agenda and the African Union’s Development Agenda for 2063. These have been identified mainly because of the similarities across the UN Sustainable Development Goals (SDGs) that the G20 has strived to incorporate. However, aligning African interests with the G20 agenda remains a core priority particularly for the African continent, which is impacted by G20 policies. In order to reach the envisioned goals set out in Agenda 2063, African priorities need to be fully aligned with those of the G20. With greater inclusivity and representation of African representatives and priorities, combined with support for Africa’s development agenda, more can be achieved that will have a meaningful impact on reaching the goals of the African Union’s Agenda 2063.



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