Publication:
Responding to Threats of Climate Change Mega-Catastrophes

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dc.contributor.authorKousky, Carolyn
dc.contributor.authorRostapshova, Olga
dc.contributor.authorToman, Michael
dc.contributor.authorZeckhauser, Richard
dc.date.accessioned2012-03-19T19:13:52Z
dc.date.available2012-03-19T19:13:52Z
dc.date.issued2009-11-01
dc.description.abstractThere is a low but uncertain probability that climate change could trigger "mega-catastrophes," severe and at least partly irreversible adverse effects across broad regions. This paper first discusses the state of current knowledge and the defining characteristics of potential climate change mega-catastrophes. While some of these characteristics present difficulties for using standard rational choice methods to evaluate response options, there is still a need to balance the benefits and costs of different possible responses with appropriate attention to the uncertainties. To that end, the authors present a qualitative analysis of three options for mitigating the risk of climate mega-catastrophes - drastic abatement of greenhouse gas emissions, development and implementation of geoengineering, and large-scale ex ante adaptation - against the criteria of efficacy, cost, robustness, and flexibility. They discuss the composition of a sound portfolio of initial investments in reducing the risk of climate change mega-catastrophes.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091112100234
dc.identifier.doi10.1596/1813-9450-5127
dc.identifier.urihttps://hdl.handle.net/10986/4318
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5127
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABATEMENT
dc.subjectABATEMENT COSTS
dc.subjectABRUPT CLIMATE
dc.subjectABRUPT CLIMATE CHANGE
dc.subjectABSORPTION
dc.subjectACID
dc.subjectACID RAIN
dc.subjectACIDIFICATION
dc.subjectADVERSE IMPACTS FROM CLIMATE
dc.subjectAIR
dc.subjectALBEDO
dc.subjectALLOWANCE
dc.subjectATMOSPHERE
dc.subjectATMOSPHERIC CHEMISTRY
dc.subjectBIOMASS
dc.subjectCARBON
dc.subjectCARBON DIOXIDE
dc.subjectCARBON ENERGY
dc.subjectCARBON ENERGY TECHNOLOGIES
dc.subjectCARBON SEQUESTRATION
dc.subjectCARBON TECHNOLOGIES
dc.subjectCATASTROPHIC CLIMATE CHANGE
dc.subjectCATASTROPHIC EVENTS
dc.subjectCATASTROPHIC IMPACTS
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE CATASTROPHES
dc.subjectCLIMATE CHANGE DAMAGE
dc.subjectCLIMATE CHANGE DISASTERS
dc.subjectCLIMATE CHANGE POLICIES
dc.subjectCLIMATE CHANGE RESEARCH
dc.subjectCLIMATE CHANGES
dc.subjectCLIMATE DYNAMICS
dc.subjectCLIMATE EXTREMES
dc.subjectCLIMATE IMPACTS
dc.subjectCLIMATE POLICY
dc.subjectCLIMATE RESEARCH
dc.subjectCLIMATE SENSITIVITY
dc.subjectCLIMATE SYSTEM
dc.subjectCLIMATE VARIABILITY
dc.subjectCLIMATE-CHANGE
dc.subjectCLIMATE-CHANGE CATASTROPHE
dc.subjectCLIMATE-CHANGE RISK ANALYSIS
dc.subjectCLIMATIC CHANGE
dc.subjectCLIMATIC IMPACTS
dc.subjectCLOUD COVER
dc.subjectCO
dc.subjectCO2
dc.subjectCONCENTRATIONS
dc.subjectCONTINGENCY PLANNING
dc.subjectCONTINGENCY PLANS
dc.subjectCOSTS OF ABATEMENT
dc.subjectCOSTS OF CLIMATE CHANGE
dc.subjectCOSTĀ­BENEFIT ANALYSIS
dc.subjectDAMAGES
dc.subjectDEEP UNCERTAINTY
dc.subjectDESERTIFICATION
dc.subjectDISASTER
dc.subjectDISASTER MANAGEMENT
dc.subjectDISASTER PREPAREDNESS
dc.subjectDISASTER REDUCTION
dc.subjectDISASTER RISK
dc.subjectDISASTER RISK REDUCTION
dc.subjectDISASTER RISKS
dc.subjectDISCOUNT RATE
dc.subjectDROUGHT
dc.subjectDROUGHTS
dc.subjectEARLY WARNING
dc.subjectECOLOGICAL ECONOMICS
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MODEL
dc.subjectECONOMICS OF CLIMATE CHANGE
dc.subjectECOSYSTEM
dc.subjectEFFECT OF CLIMATE CHANGE
dc.subjectEMERGENCY MANAGEMENT
dc.subjectEMERGENCY RESPONDERS
dc.subjectEMISSIONS CORRIDORS
dc.subjectEMISSIONS LEVELS
dc.subjectENERGY SYSTEM
dc.subjectENVIRONMENTAL ECONOMICS
dc.subjectENVIRONMENTAL PROTECTION
dc.subjectEVACUATION
dc.subjectEXTINCTION RISK FROM CLIMATE CHANGE
dc.subjectEXTREME EVENT
dc.subjectEXTREME EVENTS
dc.subjectFAT TAIL
dc.subjectFAT TAILS
dc.subjectFERTILIZATION
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SUPPORT
dc.subjectFLOOD
dc.subjectFLOOD PROTECTION
dc.subjectFLOODED
dc.subjectFLOODING
dc.subjectFLOODS
dc.subjectFOOD AID
dc.subjectFOOD SHORTAGES
dc.subjectFOREST
dc.subjectFOREST PRODUCTS
dc.subjectGHG
dc.subjectGHGS
dc.subjectGLOBAL CLIMATE
dc.subjectGLOBAL CLIMATE CHANGE
dc.subjectGLOBAL EMISSIONS
dc.subjectGLOBAL GREENHOUSE GAS
dc.subjectGLOBAL MEAN TEMPERATURES
dc.subjectGLOBAL TEMPERATURE
dc.subjectGLOBAL WARMING
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGREENHOUSE GASES
dc.subjectGREENHOUSE WARMING
dc.subjectHABITATS
dc.subjectHEAT WAVE
dc.subjectHEAT WAVES
dc.subjectHURRICANE
dc.subjectHURRICANES
dc.subjectHYDROLOGIC CYCLE
dc.subjectICE AGE
dc.subjectICE SHEET
dc.subjectICE SHEETS
dc.subjectIMPACT OF CLIMATE
dc.subjectIMPACT OF CLIMATE CHANGE
dc.subjectIMPACTS FROM CLIMATE CHANGE
dc.subjectIMPACTS OF CLIMATE CHANGE
dc.subjectINSURANCE
dc.subjectINSURANCE INDUSTRY
dc.subjectINSURANCE MARKETS
dc.subjectINTERGOVERNMENTAL PANEL ON CLIMATE CHANGE
dc.subjectINVESTMENT DECISIONS
dc.subjectIPCC
dc.subjectLOW-CARBON
dc.subjectMEAN TEMPERATURE
dc.subjectMEAN TEMPERATURE INCREASE
dc.subjectMEDICINE
dc.subjectMETHANE
dc.subjectNATIONAL INCOME
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL PHENOMENA
dc.subjectNEGATIVE IMPACTS
dc.subjectNEGATIVE IMPACTS OF CLIMATE CHANGE
dc.subjectNUCLEAR POWER
dc.subjectOCEAN CIRCULATION
dc.subjectOCEAN CURRENTS
dc.subjectPANDEMIC
dc.subjectPANDEMICS
dc.subjectPARTICLES
dc.subjectPARTICULATE
dc.subjectPARTICULATE MATTER
dc.subjectPARTICULATES
dc.subjectPOLICY ANALYSIS
dc.subjectPOLICY IMPLICATIONS
dc.subjectPORTFOLIO
dc.subjectPRECAUTIONARY APPROACH
dc.subjectPRECIPITATION
dc.subjectPUBLIC SAFETY
dc.subjectPUMPS
dc.subjectPURCHASES
dc.subjectRADIATIVE FORCING
dc.subjectRAINFALL
dc.subjectRAPID MELTING
dc.subjectRATE OF CLIMATE CHANGE
dc.subjectREFLECTIVITY
dc.subjectRELATIVE PRICE
dc.subjectRELATIVE PRICES
dc.subjectRESOURCE ECONOMICS
dc.subjectRISK MANAGEMENT
dc.subjectRISK REDUCTION
dc.subjectRISK REDUCTIONS
dc.subjectRISKS FROM CLIMATE CHANGE
dc.subjectRISKS OF CLIMATE CHANGE
dc.subjectSAFETY
dc.subjectSCENARIOS
dc.subjectSCIENTIST
dc.subjectSCIENTISTS
dc.subjectSEA LEVEL RISE
dc.subjectSEA-LEVEL
dc.subjectSEA-LEVEL RISE
dc.subjectSENSITIVITY ANALYSES
dc.subjectSET ASIDE
dc.subjectSEVERE WEATHER
dc.subjectSEVERE WEATHER EVENTS
dc.subjectSTORM
dc.subjectSTORMS
dc.subjectSUBSISTENCE AGRICULTURE
dc.subjectSULFATE
dc.subjectSULFATE PARTICLES
dc.subjectSULFATES
dc.subjectSULFUR
dc.subjectTEMPERATURE
dc.subjectTEMPERATURE INCREASES
dc.subjectTERRORISM
dc.subjectTERRORIST
dc.subjectTHREAT OF CLIMATE CHANGE
dc.subjectTHREATS OF CLIMATE CHANGE
dc.subjectTOTAL COST
dc.subjectUNCERTAINTIES
dc.subjectUPPER ATMOSPHERE
dc.subjectURBAN AREAS
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY FUNCTIONS
dc.subjectWAR
dc.titleResponding to Threats of Climate Change Mega-Catastrophesen
dspace.entity.typePublication
okr.crossref.titleResponding To Threats Of Climate Change Mega-Catastrophes
okr.date.doiregistration2025-04-10T12:00:16.899276Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091112100234
okr.globalpracticeTransport and ICT
okr.guid504001468313505132
okr.identifier.doi10.1596/1813-9450-5127
okr.identifier.externaldocumentum000158349_20091112100234
okr.identifier.internaldocumentum11345468
okr.identifier.reportWPS5127
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/11/12/000158349_20091112100234/Rendered/PDF/WPS5127.pdfen
okr.region.administrativeWorld
okr.region.administrativeWorld
okr.topicTransport
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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