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The Fiscal Impact Of Extreme Weather And Climate Events
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Book Synopsis The Fiscal Impact of Extreme Weather and Climate Events by :
Download or read book The Fiscal Impact of Extreme Weather and Climate Events written by and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing fiscal risks from climate change is a critical and challenging issue. In this paper, we analyse the fiscal implications of acute physical risks from climate change, as we aim to capture debt sustainability risks associated with extreme weather and climate events. This is done by providing stylised stress tests for selected EU Member States, designed as shocks to public finances and growth. To do so, we rely on a comparative approach. Climate-related aggravating factors to debt sustainability are captured via a global natural disaster database and available forward-looking estimates of economic losses from different climate events, projected under different global warming pathways. Our results highlight that extreme weather and climate events may pose risks to debt sustainability, although remaining manageable across the EU under standard global warming scenarios. Our findings emphasise the relevance of implementing large-scale, rapid, and immediate climate mitigation and adaptation measures to dampen the adverse economic and fiscal impacts of potentially more frequent and intense extreme events, thereby reducing countries' exposure, their vulnerability, and debt sustainability risks.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309380979 Total Pages :187 pages Book Rating :4.3/5 (93 download)
Book Synopsis Attribution of Extreme Weather Events in the Context of Climate Change by : National Academies of Sciences, Engineering, and Medicine
Download or read book Attribution of Extreme Weather Events in the Context of Climate Change written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-07-28 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: As climate has warmed over recent years, a new pattern of more frequent and more intense weather events has unfolded across the globe. Climate models simulate such changes in extreme events, and some of the reasons for the changes are well understood. Warming increases the likelihood of extremely hot days and nights, favors increased atmospheric moisture that may result in more frequent heavy rainfall and snowfall, and leads to evaporation that can exacerbate droughts. Even with evidence of these broad trends, scientists cautioned in the past that individual weather events couldn't be attributed to climate change. Now, with advances in understanding the climate science behind extreme events and the science of extreme event attribution, such blanket statements may not be accurate. The relatively young science of extreme event attribution seeks to tease out the influence of human-cause climate change from other factors, such as natural sources of variability like El Niño, as contributors to individual extreme events. Event attribution can answer questions about how much climate change influenced the probability or intensity of a specific type of weather event. As event attribution capabilities improve, they could help inform choices about assessing and managing risk, and in guiding climate adaptation strategies. This report examines the current state of science of extreme weather attribution, and identifies ways to move the science forward to improve attribution capabilities.
Book Synopsis The impact of extreme weather events on budget balances and implications for fiscal policy by : Eliza M. Lis
Download or read book The impact of extreme weather events on budget balances and implications for fiscal policy written by Eliza M. Lis and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Loss and Damage from Climate Change by : Reinhard Mechler
Download or read book Loss and Damage from Climate Change written by Reinhard Mechler and published by Springer. This book was released on 2018-11-28 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an authoritative insight on the Loss and Damage discourse by highlighting state-of-the-art research and policy linked to this discourse and articulating its multiple concepts, principles and methods. Written by leading researchers and practitioners, it identifies practical and evidence-based policy options to inform the discourse and climate negotiations. With climate-related risks on the rise and impacts being felt around the globe has come the recognition that climate mitigation and adaptation may not be enough to manage the effects from anthropogenic climate change. This recognition led to the creation of the Warsaw International Mechanism on Loss and Damage in 2013, a climate policy mechanism dedicated to dealing with climate-related effects in highly vulnerable countries that face severe constraints and limits to adaptation. Endorsed in 2015 by the Paris Agreement and effectively considered a third pillar of international climate policy, debate and research on Loss and Damage continues to gain enormous traction. Yet, concepts, methods and tools as well as directions for policy and implementation have remained contested and vague. Suitable for researchers, policy-advisors, practitioners and the interested public, the book furthermore: • discusses the political, legal, economic and institutional dimensions of the issue• highlights normative questions central to the discourse • provides a focus on climate risks and climate risk management. • presents salient case studies from around the world.
Book Synopsis Climate Change and Extreme Events by : Ali Fares
Download or read book Climate Change and Extreme Events written by Ali Fares and published by Elsevier. This book was released on 2021-03-02 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate Change and Extreme Events uses a multidisciplinary approach to discuss the relationship between climate change-related weather extremes and their impact on human lives. Topics discussed are grouped into four major sections: weather parameters, hydrological responses, mitigation and adaptation, and governance and policies, with each addressed with regard to past, present and future perspectives. Sections give an overview of weather parameters and hydrological responses, presenting current knowledge and a future outlook on air and stream temperatures, precipitation, storms and hurricanes, flooding, and ecosystem responses to these extremes. Other sections cover extreme weather events and discuss the role of the state in policymaking. This book provides a valuable interdisciplinary resource to climate scientists and meteorologists, environmental researchers, and social scientists interested in extreme weather. - Provides an integrated interdisciplinary approach to how climate change impacts the hydrological system - Addresses significant knowledge gaps in our understanding of climate change and extreme events - Discusses the societal impacts of climate change-related weather extremes, including multilevel governance and adaptation policy
Author :Intergovernmental Panel on Climate Change Publisher :Cambridge University Press ISBN 13 :1107025060 Total Pages :593 pages Book Rating :4.1/5 (7 download)
Book Synopsis Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation by : Intergovernmental Panel on Climate Change
Download or read book Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation written by Intergovernmental Panel on Climate Change and published by Cambridge University Press. This book was released on 2012-05-28 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.
Book Synopsis Climate and Social Stress by : National Research Council
Download or read book Climate and Social Stress written by National Research Council and published by National Academies Press. This book was released on 2013-02-14 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change can reasonably be expected to increase the frequency and intensity of a variety of potentially disruptive environmental events-slowly at first, but then more quickly. It is prudent to expect to be surprised by the way in which these events may cascade, or have far-reaching effects. During the coming decade, certain climate-related events will produce consequences that exceed the capacity of the affected societies or global systems to manage; these may have global security implications. Although focused on events outside the United States, Climate and Social Stress: Implications for Security Analysis recommends a range of research and policy actions to create a whole-of-government approach to increasing understanding of complex and contingent connections between climate and security, and to inform choices about adapting to and reducing vulnerability to climate change.
Book Synopsis Fiscal Impacts of Climate Disasters in Emerging Markets and Developing Economies by : Habtamu Fuje
Download or read book Fiscal Impacts of Climate Disasters in Emerging Markets and Developing Economies written by Habtamu Fuje and published by International Monetary Fund. This book was released on 2023-12-15 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate-induced disasters are causing increasingly frequent and intense economic damages, disproportionally affecting emerging markets and developing economies (EMDEs) relative to advanced economies (AEs). However, the impact of various types of climate shocks on output growth and fiscal positions of EMDEs is not fully understood. This research analyzes the macro-fiscal implications of three common climate disasters (droughts, storms, and floods) using a combination of macroeconomic data and comprehensive ground and satellite disaster indicators spanning the past three decades across 164 countries. Across EMDEs, where agriculture tends to be the principal sector, a drought reduces output growth by 1.4 percentage points and government revenue by 0.7 percent of GDP as it erodes the tax bases of affected countries. Meanwhile, likely reflecting limited fiscal space to respond to a disaster, fiscal expenditure does not increase following a drought. A storm drags output growth in EMDEs, albeit with negligible impact on fiscal revenue, but government expenditure increases due to reconstruction and clean-up efforts. We find only limited impact of localized floods on growth and fiscal positions. In contrast, AEs tend to experience negligible growth and fiscal consequences from climate-induced shocks. As these shocks have much more detrimental effects in EMDEs, international support for disaster preparedness and climate change adaptation play a crucial role for these countries to confront climate change.
Book Synopsis Climate Extremes and Their Implications for Impact and Risk Assessment by : Jana Sillmann
Download or read book Climate Extremes and Their Implications for Impact and Risk Assessment written by Jana Sillmann and published by . This book was released on 2019-11 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate extremes often imply significant impacts on human and natural systems, and these extreme events are anticipated to be among the potentially most harmful consequences of a changing climate. However, while extreme event impacts are increasingly recognized, methodologies to address such impacts and the degree of our understanding and prediction capabilities vary widely among different sectors and disciplines. Moreover, traditional climate extreme indices and large-scale multi-model intercomparisons that are used for future projections of extreme events and associated impacts often fall short in capturing the full complexity of impact systems. Climate Extremes and Their Implications for Impact and Risk Assessment describes challenges, opportunities and methodologies for the analysis of the impacts of climate extremes across various sectors to support their impact and risk assessment. It thereby also facilitates cross-sectoral and cross-disciplinary discussions and exchange among climate and impact scientists. The sectors covered include agriculture, terrestrial ecosystems, human health, transport, conflict, and more broadly covering the human-environment nexus. The book concludes with an outlook on the need for more transdisciplinary work and international collaboration between scientists and practitioners to address emergent risks and extreme events towards risk reduction and strengthened societal resilience. Provides an overview about past, present and future changes in climate and weather extremes and how to connect that knowledge to impact and risk assessment under global warming Presents different approaches to assess societal-relevant impacts and risk of climate and weather extremes, including compound events, and the complexity of risk cascades and the interconnectedness of societal risk Features applications across a diversity of sectors, including agriculture, health, ecosystem services and urban transport
Book Synopsis Socio Economic Impacts of Extreme Weather by : Lalitha Kallempudi
Download or read book Socio Economic Impacts of Extreme Weather written by Lalitha Kallempudi and published by . This book was released on 2023-04-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The title "Socio Economic Impacts of Extreme Weather" refers to the consequences that severe weather events, such as hurricanes, floods, droughts, wildfires, and heatwaves, can have on society and the economy. Extreme weather events can disrupt many aspects of people's lives, including their homes, jobs, health, and access to basic resources such as food, water, and electricity. They can also damage critical infrastructure such as roads, bridges, and power grids, leading to economic losses and reduced productivity. The impacts of extreme weather events can be particularly severe for vulnerable populations, including low-income communities, elderly people, and those with pre-existing health conditions. These groups may have limited resources to cope with the consequences of extreme weather and may suffer disproportionately from the resulting economic and social disruptions. Understanding the socio-economic impacts of extreme weather is critical for policymakers, businesses, and communities to develop effective strategies for managing and adapting to climate change. By assessing the costs and benefits of different approaches to climate resilience, stakeholders can work together to minimize the negative impacts of extreme weather events on society and the economy.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309471699 Total Pages :207 pages Book Rating :4.3/5 (94 download)
Book Synopsis Review of the Draft Fourth National Climate Assessment by : National Academies of Sciences, Engineering, and Medicine
Download or read book Review of the Draft Fourth National Climate Assessment written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-06-18 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change poses many challenges that affect society and the natural world. With these challenges, however, come opportunities to respond. By taking steps to adapt to and mitigate climate change, the risks to society and the impacts of continued climate change can be lessened. The National Climate Assessment, coordinated by the U.S. Global Change Research Program, is a mandated report intended to inform response decisions. Required to be developed every four years, these reports provide the most comprehensive and up-to-date evaluation of climate change impacts available for the United States, making them a unique and important climate change document. The draft Fourth National Climate Assessment (NCA4) report reviewed here addresses a wide range of topics of high importance to the United States and society more broadly, extending from human health and community well-being, to the built environment, to businesses and economies, to ecosystems and natural resources. This report evaluates the draft NCA4 to determine if it meets the requirements of the federal mandate, whether it provides accurate information grounded in the scientific literature, and whether it effectively communicates climate science, impacts, and responses for general audiences including the public, decision makers, and other stakeholders.
Book Synopsis Extreme Events and Climate Change by : Federico Castillo
Download or read book Extreme Events and Climate Change written by Federico Castillo and published by John Wiley & Sons. This book was released on 2021-04-06 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative volume focusing on multidisciplinary methods to estimate the impacts of climate-related extreme events to society As the intensity and frequency of extreme events related to climate change continue to increase, there is an urgent need for clear and cohesive analysis that integrates both climatological and socioeconomic impacts. Extreme Events and Climate Change provides a timely, multidisciplinary examination of the impacts of extreme weather under a warming climate. Offering wide-ranging coverage of the methods and analysis that relate changes in extreme events to their societal impacts, this volume helps readers understand and overcome the methodological challenges associated with extreme event analysis. Contributions from leading experts from across disciplines describe the theoretical requirements for analyzing the complex interactions between meteorological phenomena and the resulting outcomes, discuss new approaches for analyzing the impacts of extreme events on society, and illustrate how empirical and theoretical concepts merge to form a unified plan that enables informed decision making. Throughout the text, innovative frameworks allow readers to find solutions to the modeling and statistical challenges encountered when analyzing extreme events. Designed for researchers and policy makers alike, this important resource: Discusses topics central to understanding how extreme weather changes as the climate warms Provides coverage of analysis methods that relate changes in extreme events to their societal impacts Reviews significant theoretical and modeling advances in the physical aspects of climate science Presents a comprehensive view of state of the science, including new ways of using data from different sources Extreme Events and Climate Change: A Multidisciplinary Approach is an indispensable volume for students, researchers, scientists, and practitioners in fields such as hazard and risk analysis, climate change, atmospheric and ocean sciences, hydrology, geography, agricultural science, and environmental and space science.
Book Synopsis The Climate Change Challenge and Fiscal Instruments and Policies in the EU by : Aris Avgousti
Download or read book The Climate Change Challenge and Fiscal Instruments and Policies in the EU written by Aris Avgousti and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy plays a prominent role in climate change mitigation and adaptation. An optimal combination of revenue policies, in particular taxes, and expenditure policies, such as subsidies and investment, is essential in order to achieve greenhouse gas emissions targets. This paper analyses the main fiscal instruments in place in European Union Member States, focusing on specific issues, such as the fiscal impact of extreme weather events, the interaction between debt sustainability and climate change, the green investment gap and the distributional impact of climate policies. The paper aims to provide an overview of existing fiscal policies and of the main fiscal challenges for a comprehensive European climate change strategy.
Book Synopsis Indirect effects of global climate change and the impact of extreme weather events on the German food system by : Avigdor Burmeister
Download or read book Indirect effects of global climate change and the impact of extreme weather events on the German food system written by Avigdor Burmeister and published by GRIN Verlag. This book was released on 2018-04-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2017 in the subject Environmental Sciences, grade: 1,3, Christian-Albrechts-University of Kiel, language: English, abstract: The long-term reduction of hunger has recently slowed down as a result of ongoing global climate change, increasing climate variability, and extreme weather events, disrupting our global food system. The direct impacts of climate change in Germany are expected to be comparably low and the ability to adapt to these impacts is high. However, it is likely that Germany, as part of a highly interconnected world, may become increasingly affected by climate change impacts in other world regions. This thesis investigates how adverse effects of global climate change can be transferred across borders to demonstrate the various potential indirect impacts of climate change and extreme weather events on food systems. Moreover, this study seeks to assess how far the direct effects on agricultural productivity abroad and the disruption of transportation-related infrastructures can affect the German food system to depict its level of exposure to the indirect effects of global climate change via trade of agricultural commodities. The results show that Germany is heavily dependent on the import of soybeans, palm oil, bananas, and coffee from increasingly vulnerable trading partners outside of Europe. The direct impact on the production of these commodities represents a significant threat to the German food system via trade. The evidence suggests that improved understanding of the indirect impacts of climate change on food systems is needed to be able to adapt to the full range of risks from climate change, climate variability and extreme events on agricultural production.
Book Synopsis Abrupt Climate Change by : National Research Council
Download or read book Abrupt Climate Change written by National Research Council and published by National Academies Press. This book was released on 2002-04-23 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The climate record for the past 100,000 years clearly indicates that the climate system has undergone periodic-and often extreme-shifts, sometimes in as little as a decade or less. The causes of abrupt climate changes have not been clearly established, but the triggering of events is likely to be the result of multiple natural processes. Abrupt climate changes of the magnitude seen in the past would have far-reaching implications for human society and ecosystems, including major impacts on energy consumption and water supply demands. Could such a change happen again? Are human activities exacerbating the likelihood of abrupt climate change? What are the potential societal consequences of such a change? Abrupt Climate Change: Inevitable Surprises looks at the current scientific evidence and theoretical understanding to describe what is currently known about abrupt climate change, including patterns and magnitudes, mechanisms, and probability of occurrence. It identifies critical knowledge gaps concerning the potential for future abrupt changes, including those aspects of change most important to society and economies, and outlines a research strategy to close those gaps. Based on the best and most current research available, this book surveys the history of climate change and makes a series of specific recommendations for the future.
Book Synopsis The Economic Impacts of Natural Disasters by : Debarati Guha-Sapir
Download or read book The Economic Impacts of Natural Disasters written by Debarati Guha-Sapir and published by Oxford University Press. This book was released on 2013-05-23 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.
Book Synopsis Budget Issues by : United States. Government Accountability Office
Download or read book Budget Issues written by United States. Government Accountability Office and published by . This book was released on 2014 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change and related extreme weather impacts on infrastructure and federal lands increase fiscal exposures that the federal budget does not fully reflect. Investing in resilienceactions to reduce potential future losses rather than waiting for an event to occur and paying for recovery afterwardcan reduce the potential impacts of climate-related events. Implementing resilience measures creates additional up-front costs but could also confer benefits, such as a reduction in future damages from climate-related events.
