Study maps out ways to pay for climate-related loss and damage
Tuesday, November 8, 2016 - 08:01
in Earth & Climate
Climate-related catastrophes are expensive, whether they come on suddenly, like the thousand-year flood in Louisiana in August 2016, or move slowly and inexorably, like desertification in Turkey. A new paper by researchers at Brown University's Climate and Development Lab outlines financial instruments that could help countries pay for the irreversible losses climate change can cause, such as loss of life, species or land due to rising seas, and damages like the destruction of infrastructure and property by hurricanes and floods.