Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilient is each region to riverine flood disasters? and 3) What are the available interventions per region to strengthen …

disaster risk reduction and climate adaptation in Bangladesh, a country with a very high exposure to weather risk. We use a … comprehensive dataset for the 483 subdistricts (Upazilas) in Bangladesh, tracking disaster risk reduction and adaptation funding … allocation decisions. We find that flood hazard risk and socio-economic vulnerability are both positively correlated with the sub …

-probability extreme events on environmental policy in a continuous-time real options model with "tail risk". In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- climate policy ; extreme events …

. Uncertainty about the future rate of growth of the economy and emissions and the risk of macroeconomic disasters (tail risks) also …

identify an asymmetric information problem: borrowers signal low financial risk to banks who are uncertain about borrower risk …

non-electrifiable sectors of the economy. We analyze three sources of climate transition risk: (i) changes in the … capacity. We show that the different transition risk—and, importantly, uncertainty about their realizations—have distinct …