Garp ch 3 Study guides, Class notes & Summaries

GARP Ch 3 - Climate Change Risks How climate risk can translate to financial risk Diminished asset valuations, increased loan defaults, increased costs, decreased access to capital Physical vs. transition risk examples Physical: climate and weather impacts resulting from cc; Transition: risks from the economic transformation needed to drastically reduce / eliminate net GHG emissions to reach net-zero emissions Hazards/drivers, exposure, and vulnerability Hazards: acute vs. chronic events...

GARP Ch 4 - Climate and Sustainability Policies Challenges / disagreements in international climate policy Optimal amount of emissions reduction (3.5' in 1990s to 1.5-2' in avoid tipping points), disagreement on moral responsibility (accumulated historic emissions, current share, or future emissions), difficulties of collective action (tragedy of the commons) Emissions by country (absolute vs. historic) Highest current annual emissions: China, USA, then India. Asia = 53%, N. America ...

GARP Ch 4 - Climate and Sustainability Policies Challenges / disagreements in international climate policy Optimal amount of emissions reduction (3.5' in 1990s to 1.5-2' in avoid tipping points), disagreement on moral responsibility (accumulated historic emissions, current share, or future emissions), difficulties of collective action (tragedy of the commons) Emissions by country (absolute vs. historic) Highest current annual emissions: China, USA, then India. Asia = 53%, N. America ...

GARP Ch 3 - Climate Change Risks How climate risk can translate to financial risk Diminished asset valuations, increased loan defaults, increased costs, decreased access to capital Physical vs. transition risk examples Physical: climate and weather impacts resulting from cc; Transition: risks from the economic transformation needed to drastically reduce / eliminate net GHG emissions to reach net-zero emissions Hazards/drivers, exposure, and vulnerability Hazards: acute vs. chronic events ...

GARP Ch 3 - Climate Change Risks How climate risk can translate to financial risk Diminished asset valuations, increased loan defaults, increased costs, decreased access to capital Physical vs. transition risk examples Physical: climate and weather impacts resulting from cc; Transition: risks from the economic transformation needed to drastically reduce / eliminate net GHG emissions to reach net-zero emissions Hazards/drivers, exposure, and vulnerability Hazards: acute vs. chronic events ...

GARP Ch 4 - Climate and Sustainability Policies Questions and Answers 100% correct Challenges / disagreements in international climate policy Optimal amount of emissions reduction (3.5' in 1990s to 1.5-2' in avoid tipping points), disagreement on moral responsibility (accumulated historic emissions, current share, or future emissions), difficulties of collective action (tragedy of the commons) Emissions by country (absolute vs. historic) Highest current annual emissions: China, USA, ...

GARP Ch 3 - Climate Change Risks How climate risk can translate to financial risk Diminished asset valuations, increased loan defaults, increased costs, decreased access to capital Physical vs. transition risk examples Physical: climate and weather impacts resulting from cc; Transition: risks from the economic transformation needed to drastically reduce / eliminate net GHG emissions to reach net-zero emissions Hazards/drivers, exposure, and vulnerability Hazards: acute vs. chronic events...