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Articles 1 - 22 of 22
Full-Text Articles in Physical Sciences and Mathematics
Navigating Sustainable Futures, Franziska Zimmermann
Navigating Sustainable Futures, Franziska Zimmermann
Asian Management Insights
A leadership imperative.
Is Carbon Risk Priced In The Cross-Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen
Is Carbon Risk Priced In The Cross-Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen
Research Collection Lee Kong Chian School Of Business
This paper examines the pricing of a firm's carbon risk, measured by its carbon emissions intensity, in the cross-section of corporate bond returns. Contrary to the "carbon risk premium" hypothesis, we find bonds of firms with higher carbon emissions intensity earn significantly lower returns. This effect cannot be explained by a comprehensive list of bond characteristics and exposure to known risk factors. Investigating sources of the low carbon premium, we find the underperformance of bonds issued by carbon-intensive firms cannot be fully explained by divestment from institutional investors. Instead, our evidence is most consistent with investor underreaction to carbon risk, …
Is Carbon Risk Priced In The Cross Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen
Is Carbon Risk Priced In The Cross Section Of Corporate Bond Returns?, Tinghua Duan, Frank Weikai Li, Quan Wen
Research Collection Lee Kong Chian School Of Business
This article examines the pricing of a firm’s carbon risk in the corporate bond market. Contrary to the “carbon risk premium” hypothesis, bonds of more carbon-intensive firms earn significantly lower returns. This effect cannot be explained by a comprehensive list of bond characteristics and exposure to known risk factors. Investigating sources of the low carbon alpha, we find the underperformance of bonds issued by carbon-intensive firms cannot be fully explained by divestment from institutional investors. Instead, our evidence is most consistent with investor underreaction to the predictability of carbon intensity for firm cash-flow news, creditworthiness, and environmental incidents.
Engaging Students Through Conversational Chatbots And Digital Content: A Climate Action Perspective., Thomas Menkhoff, Benjamin Gan
Engaging Students Through Conversational Chatbots And Digital Content: A Climate Action Perspective., Thomas Menkhoff, Benjamin Gan
Research Collection Lee Kong Chian School Of Business
In this case study, we report experiences deploying a conversational chatbot as a pre-class and post-class engagement tool for undergraduate students enrolled in sustainability-related courses aimed at educating them about the severity of climate change and the importance of climate action by offsetting one’s carbon footprint (e.g, by planting trees or mangroves in SEA). The intitiative supports the university’s sustainability efforts in general and our new sustainability major in particular aimed at helping students to achieve sustainability-related learning outcomes with reference to climate change and climate action (SDG 13), one of the 17 Sustainable Development Goals established by the United …
Outdoor Thermal Comfort Research In Transient Conditions: A Narrative Literature Review, Yuliya Dzyuban, Graces N. Y. Ching, Sin Kang Yik, Adrian J. Tan, Shreya Banerjee, Peter Jay Crank, Winston T. L. Chow
Outdoor Thermal Comfort Research In Transient Conditions: A Narrative Literature Review, Yuliya Dzyuban, Graces N. Y. Ching, Sin Kang Yik, Adrian J. Tan, Shreya Banerjee, Peter Jay Crank, Winston T. L. Chow
Research Collection College of Integrative Studies
In recent years, urban planners and designers are paying greater attention to Outdoor Thermal Comfort (OTC) studies due to the imminent threat of the Urban Heat Island and climate change on human health. Historically, indoor thermal comfort research assumed steady-state conditions, centralizing on the concept of thermal neutrality to determine optimal environmental parameters. Such research pivoted to investigating how non-steady-state, transient environmental conditions influence comfort. Recent studies underscore the usefulness of positive alliesthesia in providing a productive framework for OTC evaluation. In this article we first clarify the concepts related to thermal comfort-related terms, scales, and models in the literature. …
Downscaling Of Physical Risks For Climate Scenario Design, Enrico Biffis, Shuai Wang
Downscaling Of Physical Risks For Climate Scenario Design, Enrico Biffis, Shuai Wang
Sim Kee Boon Institute for Financial Economics
Southeast Asia is arguably one of the areas most vulnerable to natural disasters due to its dense population, coastal urbanization, and rainfall variability driven by the local monsoon systems. In this report, we focus on the impact of global warming in the region along four climate dimensions: temperature, precipitation, wind speed and coastal surge. The latter represents the surge of water from the ocean in excess of astronomical tides. Our objective is to downscale the outputs of global climate models to temporal and spatial resolutions of interest to market participants wishing to quantify climate risk vulnerability via climate stress testing …
Perceived Cultural Impacts Of Climate Change Motivate Climate Action And Support For Climate Policy, Kim-Pong Tam, Angela K. Y. Leung, Brandon Koh
Perceived Cultural Impacts Of Climate Change Motivate Climate Action And Support For Climate Policy, Kim-Pong Tam, Angela K. Y. Leung, Brandon Koh
Research Collection School of Social Sciences
The impacts of climate change on human cultures have received increasing attention in recent years. However, the extent to which people are aware of these impacts, whether such awareness motivates climate action, and what kinds of people show stronger awareness are rarely understood. The present investigation provides the very first set of answers to these questions. In two studies (with a student sample with N = 199 from Singapore and a demographically representative sample with N = 625 from the USA), we observed a generally high level of awareness among our participants. Most importantly, perceived cultural impacts of climate change …
Fact Sheet - Human Settlements: Climate Change Impacts And Risks, Winston T. L. Chow, Richard Dawson, Bruce Glavovic, Marjolijn Haasnoot, Mark Pelling, William Solecki
Fact Sheet - Human Settlements: Climate Change Impacts And Risks, Winston T. L. Chow, Richard Dawson, Bruce Glavovic, Marjolijn Haasnoot, Mark Pelling, William Solecki
Research Collection College of Integrative Studies
This regional factsheet on cities and human settlements gives a snapshot of the key findings of the Sixth Assessment Report: Climate Change 2022 - Impacts. Adaptation and Vulnerability, distilled from the relevant Chapters and Cross-Chapter Papers, the Technical Summary and the Global to Regional Atlas.
Latest Climate Change Report Is The Most Important By Far, Winston T. L. Chow
Latest Climate Change Report Is The Most Important By Far, Winston T. L. Chow
Research Collection School of Social Sciences
Dr Winston Chow was involved in the recently released IPCC climate science report. He explains why this report communicates the consequences of climate inaction better than previous ones.
Research On Climate Change In Social Psychology Publications: A Systematic Review, Kim-Pong Kam, Angela K. Y. Leung, Susan Clayton
Research On Climate Change In Social Psychology Publications: A Systematic Review, Kim-Pong Kam, Angela K. Y. Leung, Susan Clayton
Research Collection School of Social Sciences
There is a strong scientific consensus that anthropogenic climate change is happening and that its impacts can put both ecological and human systems in jeopardy. Social psychology, the scientific study of human behaviours in their social and cultural settings, is an important tool for understanding how humans interpret and respond to climate change. In this article, we offered a systematic review of the social psychological literature of climate change. We sampled 130 studies on climate change or global warming from 80 articles published in journals indexed under the “Psychology, social” category of Journal Citation Reports. Based on this sample, …
Social Psychology Of Climate Change In The Asian Context: Introduction To Special Issue, Kim-Pong Tam, Angela K. Y. Leung, Susan Clayton
Social Psychology Of Climate Change In The Asian Context: Introduction To Special Issue, Kim-Pong Tam, Angela K. Y. Leung, Susan Clayton
Research Collection School of Social Sciences
Climate change is one of the biggest challenges facing many countries in the Asia Pacific. Asia as a whole is a primary contributor to carbon emissions. According to the BP Statistical Review of World Energy 2020, the Asia Pacific region alone accounts for more than half of the world’s total greenhouse gas emissions. This represents an increase in consumption of oil, gas, and coal in Asia Pacific from 44.5% in 2009 to 50.5% in 2019. According to the review, compared to the rest of the world, Asia Pacific had the highest growth rate (2.7%) of carbon emissions between 2008 and …
Digital Sustainability And Its Implications For Finance And Climate Change, Gerard George, Simon J.D. Schillebeeckx
Digital Sustainability And Its Implications For Finance And Climate Change, Gerard George, Simon J.D. Schillebeeckx
Research Collection Lee Kong Chian School Of Business
As the pandemic forced the entire world to a virtual standstill, nature revived a little. The US emitted 10.3% less CO2 in 2020 than in 2019 and other regions similarly experienced emission declines. Depending on the source, global carbon emissions were down between 4 and 8% in 2020.2 Consumers globally have expressed more concern about sustainability, an observation confirmed by large survey research by Accenture, Kantar, Boston Consulting Group (BCG), and Ipsos.3 In its latest Emissions Gap Report4 , the UN Environment Programme (UNEP) explicitly connected the pandemic to climate change, nature loss, and pollution. Besides the acceleration of business …
Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson
Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson
Research Collection School of Social Sciences
In comparison to the Northern Hemisphere, especially Europe and North America, there is a scarcity of information regarding the historic weather and climate of Southeast Asia and the Southern Hemisphere in general. The reasons for this are both historic and political, yet that does not mean that such data do not exist. Much of the early instrumental weather records for Southeast Asia stem from the colonial period and, with some countries and regions changing hands between the European powers, surviving information tends to be scattered across the globe making its recovery a long and often arduous task. This paper focuses …
Sociological Perspectives On Climate Change And Society: A Review, Md Saidul Islam, Edson Kieu
Sociological Perspectives On Climate Change And Society: A Review, Md Saidul Islam, Edson Kieu
Research Collection Lee Kong Chian School Of Business
Society is at an important intersection in dealing with the challenges of climate change, and this paper is presented at a critical juncture in light of growing recognition that the natural sciences are insufficient to deal with these challenges. Critical aspects of sociological perspectives related to climate change research are brought together in this review in the hope of fostering greater interdisciplinary collaboration between the natural and social sciences. We fervently argue for the need to inculcate interdisciplinary approaches that can provide innovative perspectives and solutions to the challenges we face from the impacts of climate change. As such, some …
The Spatial And Temporal Impact Of Agricultural Crop Residual Burning On Local Land Surface Temperature In Three Provinces Across China From 2015 To 2017, Wenting Zhang, Mengmeng Yu, Qingqing He, Tianwei Wang, Lu Lin, Kai Cao, Wei Huang, Peihong Fu, Jiaxin Chen
The Spatial And Temporal Impact Of Agricultural Crop Residual Burning On Local Land Surface Temperature In Three Provinces Across China From 2015 To 2017, Wenting Zhang, Mengmeng Yu, Qingqing He, Tianwei Wang, Lu Lin, Kai Cao, Wei Huang, Peihong Fu, Jiaxin Chen
Research Collection School Of Computing and Information Systems
China has suffered from severe crop residue burning (CRB) for a long time. As a type of biomass burning, CRB leads to a huge alteration in climate due to the emission of greenhouse gases and particulates in the atmosphere and damages to surface characteristics on land. At present, a growing body of research focuses on the impact of biomass burning (BB) (e.g., forest fire, grass fire, and CRB) on climate change from the aspect of atmospheric process. Meanwhile, a small number of research studies have started to pay attention on the damage caused by BB (e.g. forest fire) on land …
Singapore's Climate Action: It Is Time To Be More Ambitious, Winston T. L. Chow
Singapore's Climate Action: It Is Time To Be More Ambitious, Winston T. L. Chow
Research Collection School of Social Sciences
Some nations have declared net-zero carbon emission targets by 2050. Businesses and the people here know Singapore can punch above its weight. The government should lend its support.
Tackling Regional Climate Change Impacts And Food Security Issues: A Critical Analysis Across Asean, Pif, And Saarc, Md. Saidul Islam, Edson Kieu
Tackling Regional Climate Change Impacts And Food Security Issues: A Critical Analysis Across Asean, Pif, And Saarc, Md. Saidul Islam, Edson Kieu
Research Collection Lee Kong Chian School Of Business
Climate change and food security issues are multi-faceted and transcend across national boundaries. Therefore, this paper begins with the premise that regional organizations are optimally positioned to address climate change and food security issues while actively engaging global partners to slow down or reverse current trajectories. However, the potential of regional organizations to play a central role in mitigating these vital concerns has not been realized. In this paper, we focus on three regional organizations—the Association of Southeast Asian Nations (ASEAN), the Pacific Islands Forum (PIF), and the South Asian Association for Regional Cooperation (SAARC) and set out to investigate …
Big Data For Climate Change Actions And The Paradox Of Citizen Informedness, Kustini Lim-Wavde, Robert J. Kauffman
Big Data For Climate Change Actions And The Paradox Of Citizen Informedness, Kustini Lim-Wavde, Robert J. Kauffman
Research Collection School Of Computing and Information Systems
Advanced sensor technology, social media, and other information technologies have provided us with “big data” on climate change. Due to the World Meteorological Organization’s Global Climate Observing System, climate observations and records, as well as discussions on climate-related concerns such as measurement of air temperature, are widely available now. The United Nations’ Global Pulse visualises public engagement on climate change globally, with data such as the volume of climate-related tweets. Big data, data analytics, and the sharing of scientific results in the popular press have created, as a result, an unprecedented level of citizen informedness—the degree to which citizens have …
Sensitivity To Heat: A Comparative Study Of Phoenix, Arizona And Chicago, Illinois (2003-2006), Wen-Ching Chuang, Patricia Gober, Winston T. L. Chow, Jay Golden
Sensitivity To Heat: A Comparative Study Of Phoenix, Arizona And Chicago, Illinois (2003-2006), Wen-Ching Chuang, Patricia Gober, Winston T. L. Chow, Jay Golden
Research Collection School of Social Sciences
Research on how heat impacts human health has increased as climate change threatens to raise temperatures to new extremes. Excessive heat exposure increases death rates, as well as rates of nonfatal, adverse health outcomes. This study used the negative binomial regression model to examine the relationship between daily maximum temperature, heat index, and heat-related emergency calls in Phoenix, Arizona and Chicago, Illinois, from 2003 to 2006. Using model results, we estimated call volumes in a warmer climate, with temperature increase from 1 to 5.5 C. We found that: (1) heat-stress calls increase sharply when the temperature exceeds about 35 C …
Disclosing Climate Change Patterns Using An Adaptive Markov Chain Pattern Detection Method, Zhaoxia Wang, Gary Lee, Hoong Maeng Chan, Reuben Li, Xiuju Fu, Rick Goh, Pauline A. W. Poh Kim, Martin L. Hibberd, Hoong Chor Chin
Disclosing Climate Change Patterns Using An Adaptive Markov Chain Pattern Detection Method, Zhaoxia Wang, Gary Lee, Hoong Maeng Chan, Reuben Li, Xiuju Fu, Rick Goh, Pauline A. W. Poh Kim, Martin L. Hibberd, Hoong Chor Chin
Research Collection School Of Computing and Information Systems
This paper proposes an adaptive Markov chain pattern detection (AMCPD) method for disclosing the climate change patterns of Singapore through meteorological data mining. Meteorological variables, including daily mean temperature, mean dew point temperature, mean visibility, mean wind speed, maximum sustained wind speed, maximum temperature and minimum temperature are simultaneously considered for identifying climate change patterns in this study. The results depict various weather patterns from 1962 to 2011 in Singapore, based on the records of the Changi Meteorological Station. Different scenarios with varied cluster thresholds are employed for testing the sensitivity of the proposed method. The robustness of the proposed …
A Historical Review And Assessment Of Urban Heat Island Research In Singapore, Matthias Roth, Winston T. L. Chow
A Historical Review And Assessment Of Urban Heat Island Research In Singapore, Matthias Roth, Winston T. L. Chow
Research Collection School of Social Sciences
This historical review of 20 studies since the 1960s examines the influence of urban development on the thermal environment in Singapore, a fast growing tropical island city-state. Past observations are critically assessed with regard to experimental controls and station metadata. Given the availability of historical climate and developmental data spanning almost 50 years, changes in urban heat island (UHI) intensity and spatial coverage can be traced temporally. Rapid urban expansion in Singapore is clearly reflected in spatially and temporally changing air and surface temperature patterns. The nocturnal canopy-layer UHI intensity – measured as the difference between the commercial urban core …
Numerical Analysis Of Non-Constant Pure Rate Of Time Preference: A Model Of Climate Policy, Tomoki Fujii, Larry Karp
Numerical Analysis Of Non-Constant Pure Rate Of Time Preference: A Model Of Climate Policy, Tomoki Fujii, Larry Karp
Research Collection School Of Economics
When current decisions affect welfare in the far-distant future, as with climate change, the use of a declining pure rate of time preference (PRTP) provides potentially important modeling flexibility. The difficulty of analyzing models with non-constant PRTP limits their application. We describe and provide software (available online) to implement an algorithm to numerically obtain a Markov perfect equilibrium for an optimal control problem with non-constant PRTP. We apply this software to a simplified version of the numerical climate change model used in the Stern Review. For our calibration, the policy recommendations are less sensitive to the PRTP than widely believed. …