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How can event attribution science underpin financial decisions on Loss and Damage?

Dim Coumou, Paola A. Arias, Ana Bastos, Charlotte Kendra Gotangco, Gabriele C. Hegerl, Pandora Hope, Christopher Jack, Friederike E. L. Otto, Fahad Saeed, Olivia Serdeczny, Theodore G. Shepherd, Robert Vautard

2024PNAS Nexus15 citationsDOIOpen Access PDF

Abstract

With climate extremes hitting nations across the globe, disproportionately burdening vulnerable developing countries, the prompt operation of the Loss and Damage fund is of paramount importance. As decisions on resource disbursement at the international level, and investment strategies at the national level, loom, the climate science community's role in providing fair and effective evidence is crucial. Attribution science can provide useful information for decision makers, but both ethical implications and deep uncertainty cannot be ignored. Considering these aspects, we articulate a vision that integrates established attribution methods and multiple lines of evidence within a coherent logical framework.

Topics & Concepts

AttributionGlobeDisbursementInvestment (military)Event (particle physics)Investment decisionsLOOMPolitical scienceBusinessPublic relationsPsychologyFinanceComputer scienceSocial psychologyLawArtificial intelligenceBehavioral economicsPhysicsPoliticsQuantum mechanicsNeuroscienceAtmospheric and Environmental Gas DynamicsFlood Risk Assessment and ManagementRisk Perception and Management
How can event attribution science underpin financial decisions on Loss and Damage? | Litcius