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Managing Climate Risks, Facing up to Losses and Damages

OECD

2021OECD Publishing eBooks63 citationsDOI

Abstract

This chapter examines the role of policy, governance and institutions in reducing and managing current and future risks of losses and damages from climate change. It first examines approaches to decision making under uncertainty. This is followed by a discussion of approaches to address the components of climate risks (hazards, exposure and vulnerability) before exploring the role of institutions, governance and norms. The final section focuses on the implications of sea-level rise on policy priorities and decision-making processes in Small Island Developing States.

Topics & Concepts

DamagesClimate changeLivelihoodBusinessNatural resource economicsEnvironmental planningEnvironmental resource managementRisk analysis (engineering)Environmental scienceGeographyPolitical scienceAgricultureEconomicsEcologyArchaeologyLawBiologyGlobal Energy and Sustainability Research
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