From Surf Wiki (app.surf) — the open knowledge base
Climate risk management
Strategies for mitigating risks from climate change
Strategies for mitigating risks from climate change
Climate risk management (CRM) is a term describing the strategies involved in reducing climate risk, through the work of various fields including climate change adaptation, disaster management and sustainable development. Major international conferences and workshops include: United Nations Framework Convention on Climate Change, World Meteorological Organization - Living With Climate.
Definition
Climate risk management is a generic term referring to an approach to climate-sensitive decision making. The approach seeks to promote sustainable development by reducing the vulnerability associated with climate risk. CRM involves strategies aimed at maximizing positive and minimizing negative outcomes for communities in fields such as agriculture, food security, water resources, and health.Hellmuth, M.E., Moorhead, A., Thomson, M.C., and Williams, J. (eds) 2007. Climate Risk Management in Africa: Learning from Practice. International Research Institute for Climate and Society (IRI), Columbia University, New York, USA.
Climate risk management covers a broad range of potential actions, including: early-response systems, strategic diversification, dynamic resource-allocation rules, financial instruments (such as climate risk insurance), infrastructure design and capacity building. AI tools enable more precise forecasts and resource allocation in sectors like agriculture, allowing stakeholders to capitalize on favorable climate conditions while minimizing risks. In addition to avoiding adverse outcomes, a climate risk management strategy also aims to maximize opportunities in climate-sensitive economic sectors--for example, farmers who use favorable seasonal forecasts to maximize their crop productivity.
Major international conferences and workshops
United Nations Framework Convention on Climate Change
The United Nations Framework Convention on Climate Change involves negotiations among delegates on climate change framework. Discussions center on mitigation, adaptation, technology development and transfer, and financial resources and investment. During COP21, the international community funded investment in climate risk insurance as part of the strategies for addressing climate risk.
World Meteorological Organization - Living With Climate
The Living with Climate Conference was co-hosted by the World Meteorological Organization, the Earth Institute and the Finnish Meteorological Institute in July, 2006. The meeting was designed to review opportunities and constraints in integrating climate risks and uncertainties into decision-making. A major outcome was the Espoo Statement.
References
References
- Akomea-Frimpong, Isaac. (2023-12-25). "A systematic review of artificial intelligence in managing climate risks of PPP infrastructure projects". Engineering, Construction and Architectural Management.
- [http://www.iri.columbia.edu International Research Institute for Climate and Society]
- "Living with Climate".
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
Ask Mako anything about Climate risk management — get instant answers, deeper analysis, and related topics.
Research with MakoFree with your Surf account
Create a free account to save articles, ask Mako questions, and organize your research.
Sign up freeThis content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.
Report