Managing Climate Change Business Risks and Consequences

Managing Climate Change Business Risks and Consequences

Author: J. Stoner

Publisher: Springer

Published: 2012-02-29

Total Pages: 253

ISBN-13: 1137011432

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Although the title of this volume and its major focus will be on one major aspect of global sustainability - climate change - this volume continues with the overall framing of the series: global sustainability is a multi-faceted, global, multi-generational, economic, social, environmental, and cultural phenomenon and challenge to our species.


Book Synopsis Managing Climate Change Business Risks and Consequences by : J. Stoner

Download or read book Managing Climate Change Business Risks and Consequences written by J. Stoner and published by Springer. This book was released on 2012-02-29 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the title of this volume and its major focus will be on one major aspect of global sustainability - climate change - this volume continues with the overall framing of the series: global sustainability is a multi-faceted, global, multi-generational, economic, social, environmental, and cultural phenomenon and challenge to our species.


Managing Climate Risk in the U.S. Financial System

Managing Climate Risk in the U.S. Financial System

Author: Leonardo Martinez-Diaz

Publisher: U.S. Commodity Futures Trading Commission

Published: 2020-09-09

Total Pages: 196

ISBN-13: 057874841X

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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


Book Synopsis Managing Climate Risk in the U.S. Financial System by : Leonardo Martinez-Diaz

Download or read book Managing Climate Risk in the U.S. Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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


Managing Climate Risks in Coastal Communities

Managing Climate Risks in Coastal Communities

Author: Lawrence Susskind

Publisher: Strategies for Sustainable Dev

Published: 2015

Total Pages: 0

ISBN-13: 9781783084890

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This volume reports on the research completed as part of the multi-year New England Climate Adaptation Project (NECAP), a partnership between the MIT Science Impact Collaborative, the US Government's National Estuarine Research Reserve System, four New England coastal towns, and the Consensus Building Institute. The first half of the book offers a series of chapters that explain how and why climate adaptation requires collective rather than individual risk management. It argues that most of the responsibility for responding to climate risks--including sea level rise, storm intensification, changing patterns of rainfall, and increasing temperature--must be taken by local and regional stakeholders. While collective action is critical for climate adaptation, many communities are not ready to effectively tackle the adaptation challenge, and need enhanced collaborative capacity to support collective risk management. Using concrete examples, this book offers strategies to increase the readiness of communities to deal effectively with the impacts of climate change. It introduces methods for assessing local climate change risks and describes tools for evaluating the social and political contexts in which collective action can take place. It also shares NECAP research demonstrating that engaging communities in tailored role-play simulations has impacted public understanding of climate risks and local readiness to support collective risk management efforts. The second half of the book presents the products of NECAP, including stakeholder assessments (showing how key stakeholders think about climate risks), risk assessments (including downscaled forecasts from global climate models presented in a way that is accessible to the public), tailored role play simulations (that other communities can use to engage residents in their locality), community case studies (that provide statistical and qualitative evidence of the before-and-after impact of public engagement in serious games), and the results of public opinion polls following interventions in each community after almost 18 months.


Book Synopsis Managing Climate Risks in Coastal Communities by : Lawrence Susskind

Download or read book Managing Climate Risks in Coastal Communities written by Lawrence Susskind and published by Strategies for Sustainable Dev. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reports on the research completed as part of the multi-year New England Climate Adaptation Project (NECAP), a partnership between the MIT Science Impact Collaborative, the US Government's National Estuarine Research Reserve System, four New England coastal towns, and the Consensus Building Institute. The first half of the book offers a series of chapters that explain how and why climate adaptation requires collective rather than individual risk management. It argues that most of the responsibility for responding to climate risks--including sea level rise, storm intensification, changing patterns of rainfall, and increasing temperature--must be taken by local and regional stakeholders. While collective action is critical for climate adaptation, many communities are not ready to effectively tackle the adaptation challenge, and need enhanced collaborative capacity to support collective risk management. Using concrete examples, this book offers strategies to increase the readiness of communities to deal effectively with the impacts of climate change. It introduces methods for assessing local climate change risks and describes tools for evaluating the social and political contexts in which collective action can take place. It also shares NECAP research demonstrating that engaging communities in tailored role-play simulations has impacted public understanding of climate risks and local readiness to support collective risk management efforts. The second half of the book presents the products of NECAP, including stakeholder assessments (showing how key stakeholders think about climate risks), risk assessments (including downscaled forecasts from global climate models presented in a way that is accessible to the public), tailored role play simulations (that other communities can use to engage residents in their locality), community case studies (that provide statistical and qualitative evidence of the before-and-after impact of public engagement in serious games), and the results of public opinion polls following interventions in each community after almost 18 months.


A Short Guide to Climate Change Risk

A Short Guide to Climate Change Risk

Author: Professor Nigel Arnell

Publisher: Ashgate Publishing, Ltd.

Published: 2015-01-28

Total Pages: 233

ISBN-13: 1409453529

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Climate change poses a risk to business operations and to markets--but at the same time, it can bring opportunities for some businesses. With chapters on the nature, science and politics of climate change risk, as well as how to assess, then how to cope with it, and recommendations for incorporating climate change risks into a Company Climate Risk System, this concise guide serves the needs of business students and practitioners across a wide range of sectors, public and private.


Book Synopsis A Short Guide to Climate Change Risk by : Professor Nigel Arnell

Download or read book A Short Guide to Climate Change Risk written by Professor Nigel Arnell and published by Ashgate Publishing, Ltd.. This book was released on 2015-01-28 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change poses a risk to business operations and to markets--but at the same time, it can bring opportunities for some businesses. With chapters on the nature, science and politics of climate change risk, as well as how to assess, then how to cope with it, and recommendations for incorporating climate change risks into a Company Climate Risk System, this concise guide serves the needs of business students and practitioners across a wide range of sectors, public and private.


Managing Climate Risks, Facing up to Losses and Damages

Managing Climate Risks, Facing up to Losses and Damages

Author: OECD

Publisher: OECD Publishing

Published: 2021-11-01

Total Pages: 360

ISBN-13: 9264439668

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This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk.


Book Synopsis Managing Climate Risks, Facing up to Losses and Damages by : OECD

Download or read book Managing Climate Risks, Facing up to Losses and Damages written by OECD and published by OECD Publishing. This book was released on 2021-11-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk.


Climate Change Risk Management in Banks

Climate Change Risk Management in Banks

Author: Saloni P. Ramakrishna

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2023-12-04

Total Pages: 362

ISBN-13: 3110757974

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Banks, like other businesses, endeavor to drive revenue and growth, while deftly managing the risks. Dubbed the next "frontier" in risk management for financial services, climate related risks are the newest and potentially the most challenging set of risks that banks are encountering. On the one hand, banks must show their commitment to becoming net zero and, on the other, help their customers transition to more sustainable operations, all this while managing climate-related financial risks. It is a paradigm shift from how the banking industry has traditionally managed risks as climate change risks are complex. They are multilayered, multidimensional with uncertain climate pathways that impact real economy which in turn influences the financial ecosystem in myriad ways. Climate Change Risk Management in Banks weaves the complete lifecycle of climate risk management from strategy to disclosures, a must-read for academics, banking professionals and other stakeholders interested in understanding and managing climate change risk. It provides much-needed insights, enabling organizations to respond well to these new risks, protect their businesses, mitigate losses and enhance brand value. Saloni Ramakrishna, an acknowledged financial industry practitioner, argues that given the uncertain and volatile climate paths, complex geopolitical patterns, and sustainability challenges, banks and business professionals will benefit from a wholistic approach to managing climate change risks. The book provides a blueprint and a cohesive framework for embracing and maintaining such an approach, in a simple and structured format.


Book Synopsis Climate Change Risk Management in Banks by : Saloni P. Ramakrishna

Download or read book Climate Change Risk Management in Banks written by Saloni P. Ramakrishna and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-12-04 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banks, like other businesses, endeavor to drive revenue and growth, while deftly managing the risks. Dubbed the next "frontier" in risk management for financial services, climate related risks are the newest and potentially the most challenging set of risks that banks are encountering. On the one hand, banks must show their commitment to becoming net zero and, on the other, help their customers transition to more sustainable operations, all this while managing climate-related financial risks. It is a paradigm shift from how the banking industry has traditionally managed risks as climate change risks are complex. They are multilayered, multidimensional with uncertain climate pathways that impact real economy which in turn influences the financial ecosystem in myriad ways. Climate Change Risk Management in Banks weaves the complete lifecycle of climate risk management from strategy to disclosures, a must-read for academics, banking professionals and other stakeholders interested in understanding and managing climate change risk. It provides much-needed insights, enabling organizations to respond well to these new risks, protect their businesses, mitigate losses and enhance brand value. Saloni Ramakrishna, an acknowledged financial industry practitioner, argues that given the uncertain and volatile climate paths, complex geopolitical patterns, and sustainability challenges, banks and business professionals will benefit from a wholistic approach to managing climate change risks. The book provides a blueprint and a cohesive framework for embracing and maintaining such an approach, in a simple and structured format.


Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct A Tool for Institutional Investors

Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct A Tool for Institutional Investors

Author: OECD

Publisher: OECD Publishing

Published: 2023-10-03

Total Pages: 66

ISBN-13: 9264924078

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This report explores how institutional investors can apply risk-based due diligence as recommended by the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct and help them prevent and mitigate adverse climate impacts associated with their investee companies on society and the environment.


Book Synopsis Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct A Tool for Institutional Investors by : OECD

Download or read book Managing Climate Risks and Impacts Through Due Diligence for Responsible Business Conduct A Tool for Institutional Investors written by OECD and published by OECD Publishing. This book was released on 2023-10-03 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explores how institutional investors can apply risk-based due diligence as recommended by the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct and help them prevent and mitigate adverse climate impacts associated with their investee companies on society and the environment.


Economics and Management of Climate Change

Economics and Management of Climate Change

Author: Bernd Hansjürgens

Publisher: Springer Science & Business Media

Published: 2008-07-01

Total Pages: 303

ISBN-13: 0387773533

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Climate change is one of the biggest challenges for mankind. Although there is increasing evidence that climate change is already occurring, there is neither sufficient knowledge as to what extent climate change poses risks to societies and companies, nor about adequate strategies to cope with these risks. Bringing together an international group of scholars from environmental economics, political science and business, this book describes, analyses and evaluates climate change risks and responses of societies and companies. The book contributes to the question of how climate change can be mitigated by discussing efficient and effective design of mitigation measures, in particular emissions trading and clean development mechanism (CDM). Placing special emphasis on the impact of climate change risks on business, the book investigates in which way selected sectors of the economy are affected and what measures they can undertake to adapt to climate change risks.


Book Synopsis Economics and Management of Climate Change by : Bernd Hansjürgens

Download or read book Economics and Management of Climate Change written by Bernd Hansjürgens and published by Springer Science & Business Media. This book was released on 2008-07-01 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the biggest challenges for mankind. Although there is increasing evidence that climate change is already occurring, there is neither sufficient knowledge as to what extent climate change poses risks to societies and companies, nor about adequate strategies to cope with these risks. Bringing together an international group of scholars from environmental economics, political science and business, this book describes, analyses and evaluates climate change risks and responses of societies and companies. The book contributes to the question of how climate change can be mitigated by discussing efficient and effective design of mitigation measures, in particular emissions trading and clean development mechanism (CDM). Placing special emphasis on the impact of climate change risks on business, the book investigates in which way selected sectors of the economy are affected and what measures they can undertake to adapt to climate change risks.


Managing Climate Risk

Managing Climate Risk

Author: Adam Jolly

Publisher: Thorogood Publishing

Published: 2008

Total Pages: 338

ISBN-13: 1854186027

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Climate change poses a serious threat to the continuity and prosperity of organizations: serious disruption in business activities and a permanent cut in output. This important book explains how organizations can: reduce their exposure to direct threats; improve their efficiency; and learn how to gain from shifts in the way their markets operate. In a clear, informative style it explores: techniques for identifying climate risks and systems for managing them; how to prepare for contingencies caused by extreme weather changes; options for controlling emissions and improving resource efficiency; how to find alternative sources of energy and minimize waste; smarter working practices, flexible travel plans and greener buildings; and how an innovative response can strengthen the brand.


Book Synopsis Managing Climate Risk by : Adam Jolly

Download or read book Managing Climate Risk written by Adam Jolly and published by Thorogood Publishing. This book was released on 2008 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change poses a serious threat to the continuity and prosperity of organizations: serious disruption in business activities and a permanent cut in output. This important book explains how organizations can: reduce their exposure to direct threats; improve their efficiency; and learn how to gain from shifts in the way their markets operate. In a clear, informative style it explores: techniques for identifying climate risks and systems for managing them; how to prepare for contingencies caused by extreme weather changes; options for controlling emissions and improving resource efficiency; how to find alternative sources of energy and minimize waste; smarter working practices, flexible travel plans and greener buildings; and how an innovative response can strengthen the brand.


Adapting to Climate Change

Adapting to Climate Change

Author: Mark Trexler

Publisher: Routledge

Published: 2017-09-29

Total Pages: 79

ISBN-13: 1351275518

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Most companies do not yet recognize what it means to adapt to future climate change, and do not yet see it as a business priority. Adapting to Climate Change tackles two key questions facing decision makers: 1) Is adaptation worth it to me? and 2) If it is worth it, can I really tackle it? If a company has reason to worry about the potential impacts of weather on its operations and supply chains, it probably has cause to worry about climate change. However, "adapting to the weather" is not the same as incorporating climate change adaptation into corporate planning. In the former a company is managing conditions they are already experiencing. The latter involves preparing for forecasted impacts of climate change. Focusing on today’s weather and not tomorrow’s climate leaves a lot of risk on the table, especially if the climate continues to change faster than many climate models have projected. The uncertainties associated with forecasting climate change on a timeframe and at a scale that is relevant to corporate decision making can appear daunting. It is not necessary, however, to have perfect information to advance corporate preparedness for and resilience to climate change. Companies can improve their ability to make robust decisions under conditions of uncertainty without perfect information. A Bayesian approach to reducing uncertainty over time can cost-effectively support companies in understanding and managing many potential climate risks and can avoid the need to depend on future predictions. Instead, initial effort can focus on where a company will have confidence in its analysis and the ability to influence its level of risk, namely in assessing its exposure and vulnerability to climate hazards. As the hazards themselves become more clear, risk management strategies can be quickly adapted.


Book Synopsis Adapting to Climate Change by : Mark Trexler

Download or read book Adapting to Climate Change written by Mark Trexler and published by Routledge. This book was released on 2017-09-29 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most companies do not yet recognize what it means to adapt to future climate change, and do not yet see it as a business priority. Adapting to Climate Change tackles two key questions facing decision makers: 1) Is adaptation worth it to me? and 2) If it is worth it, can I really tackle it? If a company has reason to worry about the potential impacts of weather on its operations and supply chains, it probably has cause to worry about climate change. However, "adapting to the weather" is not the same as incorporating climate change adaptation into corporate planning. In the former a company is managing conditions they are already experiencing. The latter involves preparing for forecasted impacts of climate change. Focusing on today’s weather and not tomorrow’s climate leaves a lot of risk on the table, especially if the climate continues to change faster than many climate models have projected. The uncertainties associated with forecasting climate change on a timeframe and at a scale that is relevant to corporate decision making can appear daunting. It is not necessary, however, to have perfect information to advance corporate preparedness for and resilience to climate change. Companies can improve their ability to make robust decisions under conditions of uncertainty without perfect information. A Bayesian approach to reducing uncertainty over time can cost-effectively support companies in understanding and managing many potential climate risks and can avoid the need to depend on future predictions. Instead, initial effort can focus on where a company will have confidence in its analysis and the ability to influence its level of risk, namely in assessing its exposure and vulnerability to climate hazards. As the hazards themselves become more clear, risk management strategies can be quickly adapted.