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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Navigating Sustainable Futures, Franziska Zimmermann
Navigating Sustainable Futures, Franziska Zimmermann
Asian Management Insights
A leadership imperative.
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 …
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 …
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. …