Regional climate risk insurances are increasingly popular among policymakers, NGOs and academics alike. However, while initial experiences may well speak in favour of supporting regional climate risk insurances, there is substantial room for improvement. In the context of the upcoming G20 summit in Hamburg, Nikolas Scherer provides four policy recommendations for how the G20 could advance regional climate risk insurances.
Changes in global weather patterns are now projected to have potentially devastating impacts on agriculture in the coming years and decades. The rising “double burden” of malnutrition already threatens to dampen global progress toward better health. Demographic change—a bulging population of youth in Africa and rapid urbanization—is creating opportunities for an economic growth spurt that will affect food demand and organized protests when food security is endangered.
In an article recently published in Regional Environmental Change, Uche Okpara, Lindsay Stringer, and Andrews Dougill discuss the development and application of a climate-water conflict vulnerability index to assess communities along the southeastern shores of Lake Chad in the Republic of Congo.
Cities are on the sharp end of a range of risks from criminal violence, terrorism and war to demographic pressures, to climate and environmental change. Coastal megacities are especially at risk given the specific impacts of climate change they face, including accelerated global sea-level rise, increased storm frequency and severity, and destruction to critical infrastructure such as port facilities, rail and road linkages, and energy installations, all of which are amplified as urban populations become ever larger.
This report takes stock of key developments since the publishing of the independent report A New Climate For Peace commissioned by G7 members. It provides a concise risk horizon scan, and an overview and assessment of key policy developments in 2015 and 2016 that are of relevance for addressing climate-fragility risks and fostering the global resilience agenda.
Recently released by the World Bank, Unbreakable: Building the Resilience of the Poor in the Face of Natural Disasters finds that extreme natural disasters cost the global economy $520 billion in lost consumption each year – 60 percent higher than any previous estimate. Traditional disaster risk assessments have focused solely on aggregate losses, or how “disasters affect people wealthy enough to have wealth to lose.” But, as the report points out, a dollar in losses does not mean the same thing to the wealthy as it does to the poor. Instead, the report uses a new measurement that moves beyond asset losses to estimate a community’s socioeconomic resilience – or the ability to resist, absorb, accommodate, and recover from the effects of a hazard in a timely manner.
The World Economic and Social Survey 2016 by the United Nations Department on Economic and Social Affairs (UN DESA) adds to the debate over challenges to successfully implementing the 2030 Agenda on Sustainable Development.