Climate Change as a Systemic Risk
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Transcript of Climate Change as a Systemic Risk
CLIMATE CHANGE: A SYSTEMIC RISK
Climate Change causes risks not seen before• North Atlantic
storm spans Atlantic Ocean, coast to coast, March 2013
ClimateLeadership Council
Source: Washington Post
Energy production and consumption is necessary for the modern society• The energy
consumption is mainly based on the fossil fuels release greenhouse gases when burnt
• Figure illustrates that the share of low- or no-carbon energy sources is still small.
ClimateLeadership Council
Greenhouse effect is accelerating• The increasing
ammount of greenhouse gases in the atmosphere reflects the heat back to the earth.
• The reflection is 1% stronger than it was during the pre-industrial era.
ClimateLeadership Council
IPCC: "Warming of the climate system is unequivocal"
• Annual changes occur but the warming trend is clear.
ClimateLeadership Council
The Temperature has been rising also during the last milleniums• Climate Change is
a natural and constant phenomena
• The recent warming however, is not natural but antropogenic, a human made
ClimateLeadership Council
Video 2.
"Human influence on the climate system is clear.”• Without more mitigation,
global mean surface temperature might increase by 3-4°C over the 21st century.
• "New GHG emissions will imply continued warming".
• “Limiting climate change will require substantial and sustained reductions of greenhouse gas emissions"
ClimateLeadership Council
“Warming increase the likelihood of severe, pervasive, and irreversibleimpacts” (IPCC)• Climate Change
causes safety risks and food shortages in the most vulnerable places
• "Changes in climate have already caused impacts on natural and human systems on all continents and across the oceans."
Source: IPCC
ClimateLeadership Council
Climate Change causes huge economic threats• Insurance
companies are already looking at climate change as the extreme weather conditions are increasing by the number and effect.
ClimateLeadership Council