Quantifying Climate Risk And Building Resilience In The Uk

This open access book draws together key research from the UK Climate Resilience programme. It focuses on topics central to the programme’s research agenda, including improved characterisation and quantification of climate risks, enhanced understanding of the management of climate risks, and the development and delivery of climate services. Key chapters address the challenges inherent to undertaking resilience research, including how to make the term ‘climate resilience’ usable and useful, co-producing research between academics, policy makers and practitioners, and engaging and communicating outside of academia. This book is unique in providing a concise and accessible overview of the programme’s key lessons, placing the findings into a wider context and it will inform future research, policy and practice agendas.

Resilience has become the new buzz word - in Government, Health, Energy and Disaster Management sectors. Climate change is the single largest threat to sustainable development, and addressing climate risk is a challenge for all.This book calls for greater collaboration between climate communities and disaster development communities to tackle the challenges faced in addressing climate risk reduction. It evaluates approaches used by each community to reduce the adverse effects of climate change, and argues that adaptation focused on peoples' livelihoods, rather than technology, is the best way.

Even under the most optimistic scenarios, significant global climate change is now inevitable. While squarely confronting the scale of the risks we face, Building a Resilient Tomorrow presents replicable sustainability successes and clear-cut policy recommendations that can improve the climate resilience of communities in the US and beyond.

This book analyses the technical and social systems that satisfy these needs and asks how methods can be put into practice to achieve this.

Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school’s top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis. Summarizes key issues that regulatory reform should address Evaluates the key components of regulatory reform Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.

This Encyclopedia presents a comprehensive overview of the ever-evolving field of Interdisciplinarity and Transdisciplinarity across the Sciences. Authored by over 150 experts, it provides a vision of the Sciences in which scholars push boundaries and promote collaboration across diverse disciplines, scientific cultures and practices. This title contains one or more Open Access entries.

This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Measuring Vulnerability to Natural Hazards presents a broad range of current approaches to measuring vulnerability. It provides a comprehensive overview of different concepts at the global, regional, national, and local levels, and explores various schools of thought. More than 40 distinguished academics and practitioners analyse quantitative and qualitative approaches, and examine their strengths and limitations. This book contains concrete experiences and examples from Africa, Asia, the Americas and Europe to illustrate the theoretical analyses.The authors provide answers to some of the key questions on how to measure vulnerability and they draw attention to issues with insufficient coverage, such as the environmental and institutional dimensions of vulnerability and methods to combine different methodologies.This book is a unique compilation of state-of-the-art vulnerability assessment and is essential reading for academics, students, policy makers, practitioners, and anybody else interested in understanding the fundamentals of measuring vulnerability. It is a critical review that provides important conclusions which can serve as an orientation for future research towards more disaster resilient communities.

Resilience-building activities are increasingly evident in development projects, and as a result, there is a growing focus on monitoring and evaluating the associated outcomes of these projects for improved climate risk management. Significant challenges in measuring resilience, however, contribute to both a tendency towards imperfect quantified metrics, and a quest for universal resilience indicators that can be aggregated across projects, institutions, and geographies. In this paper, we draw from lessons across various sectors typically outside of the traditional resilience and climate risk management realm to highlight potential pitfalls and unintended consequences of such metrics. We then discuss several "thought experiments” to identify the desired characteristics development practitioners would want projects to demonstrate, but for which there exist risks for imperfect aggregated indicators to create perverse incentives. Process-based metrics that focus on the quality of a project's design and implementation are more likely to avoid these pitfalls and should be considered a viable alternative to aggregated universal resilience indicators.