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.

Confronting Climate Uncertainty in Water Resources Planning and Project Design describes an approach to facing two fundamental and unavoidable issues brought about by climate change uncertainty in water resources planning and project design. The first is a risk assessment problem. The second relates to risk management. This book provides background on the risks relevant in water systems planning, the different approaches to scenario definition in water system planning, and an introduction to the decision-scaling methodology upon which the decision tree is based. The decision tree is described as a scientifically defensible, repeatable, direct and clear method for demonstrating the robustness of a project to climate change. While applicable to all water resources projects, it allocates effort to projects in a way that is consistent with their potential sensitivity to climate risk. The process was designed to be hierarchical, with different stages or phases of analysis triggered based on the findings of the previous phase. An application example is provided followed by a descriptions of some of the tools available for decision making under uncertainty and methods available for climate risk management. The tool was designed for the World Bank but can be applicable in other scenarios where similar challenges arise.

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.

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

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 handbook is a resource for enhancing disaster resilience in urban areas. It summarizes the guiding principles, tools, and practices in key economic sectors that can facilitate incorporation of resilience concepts into decisions about infrastructure investments and urban management that are integral to reducing disaster and climate risks.

With climate change now a certainty, the question is how much change there will be and what can be done about it. One of the answers is through adaptation. Many of the lessons that are being learned in adaptation are from success stories from the field. This publication contains eleven case studies covering different ecosystems and regions around the world. Its aim is to summarize some current applications of the Ecosystem-Based Adaptation concept and its tools used around the world, and also draw lessons from experiences in conservation adaptation.

The evidence for human-induced climate change is now overwhelming, the brunt of its impacts is already being felt by poor people, and the case for urgent action is compelling. This book addresses the two greatest challenges of our time – averting catastrophic climate change and eradicating poverty – and the close interconnections between them. Climate Change and Development provides a comprehensive and multi-disciplinary foundation for understanding the complex and tangled relationship between development and climate change. It argues that transformational approaches are required in order to reconcile poverty reduction and climate protection and secure sustained prosperity in the twenty first century. Section One provides the building blocks for understanding climate science and the nexus between climate and development. Section Two outlines responses to climate change from the perspective of developing countries, with chapters on international agreements, climate change mitigation and adaptation, and climate finance. Each chapter offers analytical tools for evaluating responses, enabling readers to ask smart questions about the climate change and development nexus as policy and action evolve in the coming years. The last three chapters of the book, contained in Section Three, are forward looking and focus on why and how development must be re-framed to deliver more equitable and sustainable outcomes. This section sets out different critiques of ‘development-as-usual’ and explores alternative paradigms of development in a warming and resource-constrained world. This is an invaluable and clearly written text that uses real world examples to bring to life perspectives from across different disciplines. It also contains chapter learning outcomes, and end of chapter summaries, discussion questions, and suggestions for further reading and relevant websites. The text is suitable for both undergraduate and postgraduate students, as well as those working in international development contexts who wish to get to grips with this pressing global challenge.

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.

This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.