This note considers the treatment of risk and uncertainty in the recently established ‘social cost of carbon' (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by …

Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the … process at the household level, this risk assessment provides new insights into disaster risks in Sri Lanka. The analysis …

is implemented. While policy discussion to date has focused on equitable outcomes, we propose framing risk equity … policies in terms of equitable risk tradeoff rates based on six policy guidelines. The starting point for ex ante evaluation of … equity for mortality risk policies should be the symmetric application of the value of a statistical life (VSL) to all groups …