Building and assessing adaptive capacity to climate change for the national risk management : economic analysis of the extreme climate risks
- Author Chae, Yeora
- Researchers
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Date
2020-12-31
Ⅰ. Introduction
1. Research background
o There is an increasing need to quantitatively assess the risks that result from uncertain socioeconomic and climate changes, as well as the cost and effectiveness of policies for adapting to these changes.
ㅇ The scale of damage caused by future climate change and extreme climate phenomena is not completely understood. Risk and adaptive capacity analyses have not been systematically conducted.
ㅇ According to Weyant (2014), the use of Integrated Assessment Models (IAMs), which can predict the impact of climate change and consider policy countermeasures, needs to be further explored.
o Within this new changing climate regime, it is vitally important to ensure strong adaptive capacity.
ㅇ The submission of reports regarding the achievement and adaptation of Sustainable Development Goals (SDGs) has become mandatory.
ㅇ The 50th session of the subsidiary body of the Nairobi Work Programme (NWP) regarding the impacts, vulnerability, and adaptation to climate change determined nine priority areas: extreme climate, drought, water scarcity, land degradation neutrality, forests and grasslands, oceans, coastal areas and ecosystems, agriculture, and food security.
2. Necessity and differentiation of research
o Although some domestic studies have been conducted to quantify the economic impact of climate change, few have explored the socioeconomic environment and extreme climate phenomena.
ㅇ The purpose of this research is to develop a tool that can economically quantify the risk of extreme climate phenomena and assess the effectiveness and adaptive
1. Research background
o There is an increasing need to quantitatively assess the risks that result from uncertain socioeconomic and climate changes, as well as the cost and effectiveness of policies for adapting to these changes.
ㅇ The scale of damage caused by future climate change and extreme climate phenomena is not completely understood. Risk and adaptive capacity analyses have not been systematically conducted.
ㅇ According to Weyant (2014), the use of Integrated Assessment Models (IAMs), which can predict the impact of climate change and consider policy countermeasures, needs to be further explored.
o Within this new changing climate regime, it is vitally important to ensure strong adaptive capacity.
ㅇ The submission of reports regarding the achievement and adaptation of Sustainable Development Goals (SDGs) has become mandatory.
ㅇ The 50th session of the subsidiary body of the Nairobi Work Programme (NWP) regarding the impacts, vulnerability, and adaptation to climate change determined nine priority areas: extreme climate, drought, water scarcity, land degradation neutrality, forests and grasslands, oceans, coastal areas and ecosystems, agriculture, and food security.
2. Necessity and differentiation of research
o Although some domestic studies have been conducted to quantify the economic impact of climate change, few have explored the socioeconomic environment and extreme climate phenomena.
ㅇ The purpose of this research is to develop a tool that can economically quantify the risk of extreme climate phenomena and assess the effectiveness and adaptive