The European environment — state and outlook 2010 (SOER 2010) is aimed primarily at policymakers, in Europe and beyond, involved with framing and implementing policies that could support environmental improvements in Europe. The information also helps European citizens to better understand,...

The global population is congregating in our cities. Eighty per cent of the world’s estimated nine billion people in 2050 are expected to live in urban areas. Our cities and urban areas face many challenges from social to health to environmental. The impacts of cities and urban areas are felt...

Average global air and ocean temperatures are rising, leading to the melting of snow and ice and rising global mean sea level. Ocean acidification results from higher CO2 concentrations. With unabated greenhouse gas emissions, climate change could lead to an increasing risk of irreversible...

Hailstorms represent one of the major sources of damage and insurance loss to residential, commercial, and agricultural assets in several parts of Central Europe. However, there is little knowledge of hail risk across Europe beyond local historical damage reports due to the relative rarity of...

An analysis of the exposure of the Colombian Caribbean coast to the effect of tropical storms and hurricanes was conducted using historical records from between 1900 and 2010. The Colombian Caribbean coast is approximately 1,760 km long, and the main coastal cities in this important region are...

Tornadoes have been reported in various places around the world. The United States has the greatest number of tornado reports. In South America, tornadoes have been reported in Argentina and neighboring countries, such as Chile, Brazil, and Uruguay. There are no reports of tornadoes in Colombia...

The tropical storm database used in this study was obtained from the National Oceanic and Atmospheric Administration’s (NOAA) Coastal Service Center, using the Historical Hurricane Tracks tool. Queries were used to determine the number of storms of tropical origin that have impacted the State...

Purpose – The purpose of this paper is to analyse the role of transfers as a means to overcome inefficiencies in the provision of impure public goods. The paper employs the example of international conditional transfers targeted to overcome suboptimal low climate protection efforts by...

Purpose – The paper aims to examine theoretically valuation of weather derivatives and their hedging roles in corporate risk management. Design/methodology/approach – The paper introduces an extended financial market model in which the weather risk is included as an independent random...