climate risk management

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Synonyms: administración del riesgo climático, gestão de riscos climáticos, Klima-Risiko-Management, gestion des risques climatiques, CRM, management of climate risk, administración de riesgos climáticos, gestão de risco climático, administraci�n del riesgo clim�tico, gest�o de riscos clim�ticos, administraci�n de riesgos clim�ticos, gest�o de risco clim�tico, climate change risk management

Risk. A characteristic of a system or decision where the probabilities that certain states or outcomes have occurred or may occur are precisely known. Risk is a combination of the chance or probability of an event occurring, and the impact or consequence associated with that event. Decisions that involve risk are a special case of uncertain decisions where the probabilities are precisely known (UKCIP, 2013). Consider management of risk in the context of climate change.

UKCIP, 2013

Related terms:
climate risk transferRisk transfer is a necessary complement to prevention measures in the case of severe drought. Together, insurance and risk prevention form a cost-effective adaptation portfolio that addresses up to 80 percent of total expected losses. Yet, some residual loss (around 20 percent) remains that ..., climate predictionsA climate prediction or climate forecast is the result of an attempt to produce an estimate of the actual evolution of the climate in the future, for example, at seasonal, interannual or long-term time scales. Since the future evolution of the climate system may be highly sensitive to initial ..., climate projectionsA projection of the response of the climate system to emission or concentration scenarios of greenhouse gases and aerosols, or radiative forcing scenarios, often based upon simulations by climate models. Climate projections are distinguished from climate predictions in order to emphasise that ..., community-based disaster risk managementCBDRM puts its emphasis on specific sectors and particular hazards (Dumaru, 2010)., infrastructure proofingClimate proofing to acceptable levels through long-lasting and environmentally sound, economically viable, and socially acceptable changes., climate risk index, disaster risk managementProcesses for designing, implementing, and evaluating strategies, policies, and measures to improve the understanding of disaster risk, foster disaster risk reduction and transfer, and promote continuous improvement in disaster preparedness, response, and recovery practices, with the explicit ..., risk management

Broader terms:
climate risksAll risks associated with the impacts of global warming, such as rising sea levels and unusual rain patterns and additional risks to infrastructure due to climate change.Critical human impacts of climate change arise through impacts on human habitat (for example, desertification, temperature ..., climate adaptation under Green Growth

Narrower terms:
climate risk screeningsClimate risk screenings are a systematic examination of a development activity to select or eliminate it from further analysis, or to make a diagnosis. It tends to be relatively quicker to conduct and broader in scope. (Hammill and Tanner), climate risk assessmentsClimate risk assessments are a methodology to determine the nature and extent of risk by analyzing potential hazards and evaluating existing conditions of vulnerability that could pose a potential threat or harm to people, property, livelihoods and the environment on which they depend (UNISDR, ..., climate risk options evaluationsClimate risk options evaluations considers both the adequacy of current risk management strategies and potential new activities to manage additional risk or take advantage of opportunities. (Hammill and Tanner), climate risk analysisClimate risk analysis is a process that considers management options to minimise negative impacts and take advantage of opportunities in light of the identified current and future risks.(Hammill and Tanner)The structured analysis of hazards and impacts to provide information for decisions. Risk ..., vulnerability assessmentsA vulnerability assessment is the process of identifying, quantifying, and prioritizing (or ranking) the vulnerabilities in a system. Examples of systems for which vulnerability assessments are performed include, but are not limited to, information technology systems, energy supply systems, ..., limits to adaptation, coping range, comprehensive risk management, risk mitigationRisk mitigation is defined as taking steps to reduce adverse effects. There are four types of risk mitigation strategies that hold unique to Business Continuity and Disaster Recovery: Risk acceptance, avoidance, limitation and transference (Business Continuity Management Governance, 2014).

Linked data frontend for climate risk management.

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