Showing 1 - 10 of 6,961
In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at … the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss …
Persistent link: https://www.econbiz.de/10011299221
financial markets. The climate related risk is divided into three subcategories, the environmental uncertainty, the economic … climate risk and the climate policy risk, which all of them may affect the markets directly or indirectly. The perspective is … market valuation of the climate risk. …
Persistent link: https://www.econbiz.de/10011440405
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not … Models (IAMs), which assumes no risk sharing across region, we introduce global risk sharing via a market for state … across regions. We estimate that such risk sharing scheme of climate risks could lead to welfare gains reducing the global …
Persistent link: https://www.econbiz.de/10010404114
Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk … drivers like a companies' reputation and a changing consumer behavior. Since significant risk drivers for companies differ … just as much as companies themselves, a sector specific guideline to evaluate possible climate change related risk drivers …
Persistent link: https://www.econbiz.de/10010462527
climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter … demonstrates a multistage stochastic programming framework for catastrophe modeling with endogenous uncertainty, applied to a … benchmark integrated assessment model. This study moves beyond recent catastrophe or tipping point studies with arbitrary risk …
Persistent link: https://www.econbiz.de/10011290817
This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF's role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance provided...
Persistent link: https://www.econbiz.de/10013098564
A new method for seismic risk identification is proposed based on the average measure of the expected annualized losses … from earthquake occurrence. We show can be identified the risk for insurance decisional purposes. The analysis is useful … for insured as well as for insurance company. When risk is considered from time dynamic perspective we emphasize the …
Persistent link: https://www.econbiz.de/10013109178
. There is now a growing tendency for risk manager to bypass traditional insurance markets, and a variety of instruments … designed directly to transfer risk to the financial markets. After a couple of years of low catastrophe claims, 1998 claims are …
Persistent link: https://www.econbiz.de/10013153250
events, a public insurance policy with actuarially fair rates accounting for resilience investment and with full coverage …
Persistent link: https://www.econbiz.de/10012852159
The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation … of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over … the period 1970-2018, we show that individual risk is “likely” falling, that property risk is neither rising nor falling …
Persistent link: https://www.econbiz.de/10012852956