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Operational risk management and measurement has been paid an increasing attention in last years. The main two reasons are the Basel II requirements that were to be complied with by all international active financial institutions by the end of 2006 and recent severe operational risk loss events....
Persistent link: https://www.econbiz.de/10010322209
Thermoelectric power plants depend on cooling water drawn from water bodies. Low river run-off and/or high water temperatures limit a plant's production capacity. This problem may intensify with climate change. To what extent do such capacity reductions affect electricity spot markets? Who bears...
Persistent link: https://www.econbiz.de/10010435692
There is an ongoing discussion especially among political scientists and economists whether and how climate variability affects civil conflicts and wars in developing countries. Given the predicted climatic changes, several studies argue that increasing temperatures or decreasing precipitation...
Persistent link: https://www.econbiz.de/10010316072
Sustaining and accelerating agricultural growth remains a development imperative in view of persistent rural poverty and emerging threats to food security. While growth can be achieved by expansion of agricultural area and input intensification, growth through improvement in productivity is a...
Persistent link: https://www.econbiz.de/10011421179
Many concerns can be raised about the effectiveness of current aid programmes to developing countries. The appropriateness of aid is particularly questionable when one considers the likely character of the challenges that the global economy will confront in 2025, as suggested by alternative...
Persistent link: https://www.econbiz.de/10010280120
The war in Ukraine and the subsequent increase in energy and other commodity prices has dampened the economic outlook. There are increased downside risks to economic activity and there is also considerable uncertainty around any economic projections and how they may evolve in the future. This...
Persistent link: https://www.econbiz.de/10014540332
Climate-related financial risks might have the potential to trigger the next systemic financial crisis, as recently stated by the Bank of International Settlements. In consequence, understanding these so-called Green Swan risks should be a key priority in financial decision-making and...
Persistent link: https://www.econbiz.de/10012254810
. a. Hitze, Dürre, Starkregen und Flusshochwasser werden durch den Klimawandel in Zukunft sehr wahrscheinlich häufiger und … diesen Risiken mit Anpassungen an den Klimawandel begegnet werden kann. Die KWRA 2021 liefert somit eine qualitative … Zukunft bei unterschiedlichen Klimawandel-Entwicklungsszenarien (schwach, mittel und stark) rechnen muss. Die Analyse umfasst …
Persistent link: https://www.econbiz.de/10014328627
For the last two decades, MED11 counties (Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestinian Autonomy, Syria, Tunisia and Turkey) have recorded the highest growth rate in inbound world tourism. In the same time, domestic tourism in these countries was growing very fast. MED 11...
Persistent link: https://www.econbiz.de/10010326582
The paper examines future energy and emissions scenarios in China, presenting historical data and scenarios generated using the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with four scenarios in which Greenhouse Gases emissions are taxed, at different levels. Key...
Persistent link: https://www.econbiz.de/10010279619