This paper explores how climate risk information produced in the context of insurance-related activities can support public climate adaptation planning. The central contribution is to outline how relevant climate risk information can translate into behaviour change, and the drivers and barriers that influence this in Sub-Saharan Africa.
The pursuit of net zero emissions by countries across the world will require the biggest economic transformation ever seen in peacetime, Professor Lord Nicholas Stern will say today (Tuesday 26 October) in a lecture to mark the 15th anniversary of the publication of the landmark report ‘The Economics of Climate Change: The Stern Review’.
15 years on from the Stern Review, here Nicholas Stern argues that the COVID-19 and climate crises, and the weaknesses that produced them, should be tackled together and that the response must be a new sustainable, resilient and inclusive approach to growth and development.
The authors of this post discuss their recent paper which assesses the quality of state-of-the-art regional climate information intended to support climate adaptation decision-making. This is set against a backdrop of extreme weather events in the northern-hemisphere during the summer of 2021. Carbon Brief, 21 September 2021
In this paper, we assess the quality of state-of-the-art regional climate information intended to support climate adaptation decision-making. We use the UK Climate Projections 2018 as an example of such information. Their probabilistic, global, and regional land projections exemplify some of the key methodologies that are at the forefront of constructing regional climate information for […]
Hosted by Rebecca Elliott, Department of Sociology and the Grantham Research Institute on Climate Change and the Environment at LSE…
To mark the 15th anniversary of the publication of the landmark The Economics of Climate Change: The Stern Review, Nicholas Stern will review progress and look forward to the prospects of success at COP26 and beyond.
Professor Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment and the ESRC Centre…
This paper assembles a picture of the evolving research on and understanding of the equity premium and the issues it covers reinforce other arguments for discounting over time at a social time preference rate in climate change analysis.
This paper is a contribution to the understanding and development of social discounting regimes. It addresses three implications of how public funding differs from private financing by debt and equity, then examines US Federal and United Kingdom central government conventions, and also illustrates the difficulties of establishing and maintaining analytically rigorous social discounting procedures in practice.
