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Displaying 45 of about 111 resultsNew research shows that climate change is already fueling heatflation, with worse to come.Sometimes climate change appears where you least expect it — like the grocery store. Food prices have climbed 25 percent over the past four years, and Americans have been shocked by the growing cost of staples like beef, sugar, and citrus. While many factors,…
This report presents the results of the Sectoral Recovery Capacity Assessment (SRCA) undertaken in Dominica to assess the capacity of the country’s tourism sector to plan, design, implement, monitor, and evaluate resilient and inclusive recovery projects. Tourism was selected as the priority sector for the SRCA by the Government of Dominica due to its e…
[...]Last year was relatively hot due to the El Niño weather pattern, and a prolonged dry season in parts of Indonesia saw rice production fall by around 18%, said Aryal. The sprawling archipelago is due to enter the dry season again next month.[...]"Rising rice prices and reduced availability can lead to food insecurity, particularly for low-income hou…
The global protection gap related to climate shocks and disasters keeps growing. According to the insurance industry, this protection gap worldwide is estimated at 67 percent in 2023: this means that only 33 percent of the direct economic costs of natural hazards, estimated at USD357 billion in 2023, were insured. This protection gap is even…
To estimate the economic risks caused by future debris flows, a machine learning-based method was proposed to generate an economic risk map by multiplying a debris-flow hazard map and an economic vulnerability map. The authors selected the Gyirong Zangbo Basin as the study area because frequent severe debris flows impact the area every year. The debris-…
Learn about the landscape of forecast-based financing in CC and DRR context, and how to shift from post-response funding to early action.This is an interactive online course on forecast-based financing. It is predominantly for participants of the RedR UK Climate Change Adaptation and Disaster Risk Reduction programme.RedR UK is offering an innovative, h…
Cette étude analyse les lacunes du financement climatique dans l'Union économique et monétaire ouest-africaine, région très exposée aux impacts climatiques, et présente les implications politiques. Les pays de l'Union économique et monétaire ouest-africaine (UEMOA) - Bénin, Burkina Faso, Côte d'Ivoire, Guinée-Bissau, Mali, Niger, Sénégal et Togo - reste…
This study shows that sovereign risk, and hence funding costs for governments, exhibits significantly asymmetric reactions to its determinants across the conditional distribution of credit spreads. This aspect, previously overlooked in the literature, has relevant policy implications. Countries with elevated risk levels are disproportionately vulnerable…
Closing the gap between available financing for climate change adaptation and the needs of developing countries requires looking beyond traditional sources of finance—i.e., grants and (concessional) loans—to innovative financial instruments and mechanisms that can unlock (private) investment. These instruments are increasingly viewed as a mean…
Worldwide income may fall by 19% by 2049 because of changes in climate. That's according to a new study published in Nature. Poorer countries in the tropics that have historically contributed the least to greenhouse gas emissions will experience the greatest economic burden, researchers said.The "huge" $38 trillion annual price tag of climate-relat…
Home energy is becoming increasingly unaffordable for low-income families. The financial burden to families of keeping cool this summer will increase by 7.9% across the nation to an average of $719 from June through September, up from $661 during the same period last year, according to projections from the National Energy Assistance Directors Associatio…
This course explains the reasons why finance ministries are key players for confronting the climate crisis in Latin America and the Caribbean. By reviewing materials and undertaking activities, you will learn about the science and economics of climate change, the fiscal risks of climate events and the transition, and the role finance ministries can play…
Global projections of macroeconomic climate-change damages typically consider impacts from average annual and national temperatures over long time horizons. In this publication, researchers use recent empirical findings from more than 1,600 regions worldwide over the past 40 years to project sub-national damages from temperature and precipitation, inclu…
This publication covers a new briefing note on adaptation and loss and damage for the most vulnerable countries and regions. It considers where we are now in terms of the Paris Agreement’s long-term temperature limit, and what future mitigation action could mean for adaptation and loss and damage, focusing on Small Island Developing States (SIDS) and Le…
This paper evaluates the impacts of compounded tropical cyclones (TC) hazards on household income and expenditure in the Philippines, with adjustments in vulnerability representation drawn from local information. Our results show that the omission of TC-associated precipitation leads to an underestimation of impacts, as well as the number of areas and e…