Mapping global financial risks under climate change Climate change will impact financial stability, but the quantitative evidence on the magnitude of such risks is still rare. With a forward-looking structural credit-risk model, researchers map how physical risks can be amplified through financial lever...
CLIMATE changeEMISSIONS (Air pollution)NATURAL resourcesEXTREME weatherBackground and Objective: Climate change and its impact on the environmental system poses significant risks on the global economy. Yet, most economic theories do not or insufficiently take these into account. ...
Climate-change impacts are the consequences of climate change – both expected and realised – for natural and human systems. Climate impacts research is typically interdisciplinary and frequently involves the construction of climate impact models. Some key research themes include: ecology, water resources...
This problem needs public-private sector collaboration to change the way we produce goods to other methods that guarantee and drive the development of sustainable economic growth. Climate change is now considered one of the greatest threats to economic stability. As well as its serious impact on ...
Dudu H, Chumi S (2008) Economics of irrigation water management: A literature survey with focus on partial and general equilibrium models. Policy Research Working Paper 4556, World Bank, Washington, DC Falloon PD, Betts RA (2006) The impact of climate change on global river flow in HadGEMI...
Scientists investigate impact of climate change on Antarctica’s penguin populationsCGTN Share Some species of penguins are declining at a faster rate due to the impacts of climate change on Antarctica’s sea ice. Error loading player: No playable sources found 01:31 Meanwhile, scient...
Human beings share a common future in the face of the challenges presented by global climate change, and no country can make itself immune from the impact. Therefore, all countries should strengthen solidarity and cooperation...
We must see that addressing climate change has become an urgent challenge. At the same time, it must be based on science and rules. This rule is the Paris Agreement." READ MORE: COP 26 coverage in full Could you live with zero waste? Tiny forests bring high impact Error l...
Once again, climate change cost BC’s economy billions of dollars, following a trend of wildfire activity in 2017 and 2018, and a devastating pine beetle infestation more than a decade ago. But this summer was different. This time, we are acutely aware of...
Carbon released into the atmosphere by the increasing loss of Arctic permafrost, combined with higher solar absorption by the Earth's surface due to the melting of sea ice and land snow, will accelerate climate change—and have a multi-trillion dollar impact on the world economy. ...