Lehrinhalte
In this seminar we explore the governance challenges of managing climate risks. With impacts of climate change already being experienced in many places around the world, recognition of the urgent need for adaptation and climate resilience is growing. We explore the governance challenges that this creates by looking at examples from a variety of climate change contexts in OECD and non-OECD countries, globally through to local level. We start by exploring what risk governance is, look at theoretical concepts and existing strategies currently applied in response to floods, windstorms, droughts and other climate risks.  We then consider how climate change in combination with socio-economic developments such as urbanization and changing land-use is putting significant pressure on existing risk governance strategies. And we investigate why the climate risk management responses from individuals, business and governments often remain insufficient in extent and scale, and why this tends to follow a re-active rather than an adaptive ex-ante approach. For example, internationally, just 12% of funds for disaster management are put into adaptation, risk reduction and prevention prior to a disaster, while 88% go into response during, and repair or reconstruction after an event.  We discuss the role of risk management strategies such as insurance, consider how incentives and regulation can change behaviour and debate the ethical complexities of prioritizing support and compensation for those impacted by climate change.

Semester: ST 2020