accessible style and illustrated by multiple case studies from across the world, this book will appeal to a wide cross … professionals working in risk management, disaster risk reduction, emergencies and wider public policy fields." …

We study a new risk measure inspired from risk theory with a heat wave risk analysis motivation. We show that this risk … useful for measuring the potential impact of climate change on heat wave risk. Numerical illustrations are given. …

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. …

optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model … with a module that models the endogenous risk of experiencing an economic catastrophe if temperature increases above a … certain threshold. We find that the risk of a catastrophic outcome would encourage countries to reduce emissions even in the …

Models (IAMs), which assumes no risk sharing across region, we introduce global risk sharing via a market for state …-dependent Arrow-Debreu securities. We show that this allows equalizing relative consumption differences between states of the world … across regions. We estimate that such risk sharing scheme of climate risks could lead to welfare gains reducing the global …