...ineffective handling of a business situation. The original case “Feeling the Heat: Allianz and WWF pushing an industry towards climate change action” by Tania Braga, Aileen IonescuSomers and Professor Corey Billington won the Finance and Banking Award in the 2009 EFMD Case Writing Competition organized by the European Foundation for Management Development . MUNICH, GERMANY: AUGUST, 21 2007. Joachim Faber, CEO of Allianz Global Investors and member of the Allianz SE Management Board, reviewed the proposed terms for a threeyear agreement with WWF, the global NGO. He was eager to engage in this visionary initiative, aiming at pushing the financial industry action on climate change to the next level. To his knowledge, this was the first ever collaboration between an NGO and a financial services company with such a level of ambition. Looking back, he could see that Allianz had already consolidated its position as thought leader on the climate change arena and effectively contributed to raise awareness among major players of the financial industry. However, he felt that moving from thought leadership to action leadership was not a given. There were still major uncertainties regarding the actual implications of climate change for the business of the financial industry. The absence of comprehensive frameworks and tools to quantify, and hence incorporate climate risk into the core processes of the financial industry, added to the uncertainty bill. He wondered how far they could go without...
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...Climate Change Climate change is a long-term alteration in the statistical distribution of weather pattern over periods ranging from decades to millions of years. The world is currently experiencing drastic change in temperature. This change can be felt in the tropical climate areas where the weather is getting hotter and hotter every day. The change in global temperatures and precipitation over time is due to natural variability or to human activity. It is also caused by accumulation of greenhouse effects (Arrhenius, 1896). Should we as humans let this problem worsen? Climate change will affect everything including humans, flora and fauna, and the environment. One of the effects of climate change is how it will affect the people. Climate change will have a huge impact on the people’s health. The health of the people will be affected mostly by air pollution and respiratory problems will have the greatest risk of health effects. Increases in moulds and pollens due to warmer temperatures could also cause respiratory problems such as asthma for some people. Should the effects of climate change get any worse than what it is now, people around the world will have to face some serious problems. Food security will be affected and thus diseases can easily get transmitted. Food or waterborne diseases are acquired through eating or drinking. For example, Hepatitis A is a viral disease that interferes with the functioning of the liver. It can be spread through consumption of food or water...
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...HOW DOES THE CLIMATE CHANGE AFFECT THE INSURANCE INDUSTRY Contents Introduction 3 Problem statement 4 Delimitation 4 Methodology 5 Risk management 6 Charateristics of insurance industry 6 Risk qualification 8 Approximate cost for a threat determination 8 Probability of threat accuracy or that vulnerability will be affected 9 SWOT analyses 10 Matrix between Strengths-Threats and Opportunities-Weaknesses 11 Conclusion of SWOT analysis 13 CONCLUSION 14 Introduction Climate change is a significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years. It may be a change in average weather conditions or the distribution of events around that average. Climate change may be limited to a specific region or may occur across the whole Earth. Nowadays the impact of the climate change can be seen around the globe - seasons are shifting, temperatures are climbing and sea levels are rising. And meanwhile, our planet must still supply us – and all living things – with air, water, food and safe places to live. Weather related consequences, caused by climate change, present challenges that threaten the understanding of extreme weather and natural disaster related damages. Many natural disasters (like floods, earthquakes, tsunamis and volcanic eruptions) all around the world have showed that people are now exposed to extreme weather events. The lack of financial preparation to face...
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...Bismillahir Rahmanir Rahim International Islamic University Chittagong Department of ELL An assignment on Climate change and its effect on Bangladesh Course code: URBS-4802 Course title: Bangladesh Studies Prepared for: Mohammad Tawhidul Islam Lecturer Department of CEN-URC International Islamic University Chittagong Prepared by: Mohammad Sahidul Islam Matric no: N081025 Department of ELL International Islamic University Chittagong Date of submission: 21st January, 2012 Introduction: The coastal areas of Bangladesh are different from rest of the country because of their unique geo-physical characteristics and different socio-political consequences that often limit people’s access to endowed resources and perpetuate risk and vulnerabilities. Bangladesh’s coast is the biggest victim to natural disasters and highly affected by climate change with problems including salinity and water logging, soil erosion, flooding and cyclones. A dramatic increase in the level of interest and concern relating to the impact of “Climate Change” on Bangladesh is readily apparent. The consequential high level of visibility of this issue within Government, Civil Society and the international...
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...Climate change implications for the Pacific Islands Across the planet now we see ever more flood, ever more drought, ever more storms. People are dying, communities are being wrecked and local plants and species are being wiped away — the impacts we’re already witnessing from climate change are unlike anything we have ever seen before. There is report that identifies small island states as being the most vulnerable countries of the world to the adverse impacts of climate change. The Pacific is in fact without a doubt one of the world’s most vulnerable regions when it comes to risk of disaster due to climate change, particularly several of the low-lying coral islands. Climate change is already affecting Pacific Islands with dramatic revenue loss across sectors such as agriculture, water resources, forestry, tourism and other industry-related sectors. Some of the projected impacts of climate change on main sectors that specifically apply to the Pacific Islands are listed below. (reference here) Agriculture is extremely vulnerable to climate change, with high temperature levels reducing yields of desirable crops and changes in precipitation patterns increasing crop failures (reference here). Pacific islands are constantly being exposed to these threats of climate change and we have already witnessed the effects of these threats. For example the different weather variations occurring in different parts of the pacific islands, low levels of our crops and forestry production...
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...Climate Change Awareness, Impacts and Academic Performance of Public High School Students in Cavite A Master's Thesis presented to the Faculty Of the Graduate School and Open Learning College Cavite State University ICLIMATE CHANGE AWARENESS, IMPACTS AND ACADEMIC PERFORMANCE OF PUBLIC HIGH SCHOOL STUDENTS IN CAVITE INTRODUCTION The earth’s climate is the result of rapid changes that occur on earth for over the past hundred years. This climate’s condition is actually very vital in the daily living of the people, as its impacts and effects to all parts of the world; as well as to the people living on earth. Climate change is the state where there are climate variations that result to great impacts on human activity. In this connection, the impacts of climate change on the study habits of the students have caught the attention of the concerned sectors of the government in every country. One of the effects of climate change is drought, which results into the growing need of food sustainability in many areas of a country. It adversely affects the students’ learning and other performances in the school. Naturally, drought and natural disasters reduce the opportunities of the students to acquire knowledge from the schools; since there is always postponement of classes whenever there is a strong typhoon and flood occurs in the country. Moreover, during disasters, many families do not have source of income or financial resources that gives great impact to the children...
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...EFFECTS OF CLIMATE CHANGE ON WOMEN Introduction Definition of basic terms What is Weather? The term weather describes the state of the air at a particular place and time – whether it is warm or cold, wet or dry, and how cloudy or windy it is, for example. It affects many of the things that we do, from the clothes we wear and the food we eat, to where we live and how we travel. As a result, the weather is of great interest to people everywhere, from meteorologists, the scientists who study it in great depth, to you and I in our everyday lives. In fact, one of the main topics of conversation is often what the weather will do next the .Weather is very changeable and unpredictable. What is Climate? The normal pattern of weather experienced in a particular area over a long period of time is known as the climate. The climate tells us how hot, cold or wet it is likely to be in different parts of the world at different times of year. For example, tropical countries have hot climates and the Antarctic has a cold climate. The climate may include four seasons a year - spring, summer, autumn and winter - or a wet and a dry season. Our climate depends on our position on the earth and our distance from the sun. We will learn more about this in the Days and Seasons section. What is weather forecasting? Weather experts use computer technology and data from stations and satellites all over the world to predict the weather. By carefully monitoring weather conditions it is possible to predict...
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...used to describe the science—and art—of identifying, observing, and measuring an object without coming into direct contact with it. It involves the detection and measurement of radiation of different wavelengths reflected or emitted from distant objects or materials, by which they may be identified and categorized by class/type, substance, and spatial distributions. There are various types of satellites being used for earth observation. It varies from the area that is being seen to the frequency of observations. One type used in disaster management would be polar-orbiting satellites that aviate in low-set ambit, but provide high spatial resolution. Infrared sensors would pick up floods, thermal sensors would spot the fires that are active, and microwave sensors are used to measure earth’s deformations before and during earthquakes or volcanic eruptions. The major disaster in the developing world would be the drought in Africa. This kind of disaster along with many others starts slowly and may be predicted in advance. “The cause of droughts in the U.S. is the disposition winds from the west. A ridge which is caused by a jet stream making a big northern bend going over the central part of the woodlands with lesser meridional curves on specific side above the east and west coast states. A large anticyclone forms below the ridge and begins to rotate. This pattern is very stable and is called an omega block, after the Greek letter omega. It can remain in place for the entire...
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...EFFECTS OF CLIMATE CHANGE ON THE ECONOMIC DEVELOPMENT OF VIET NAM Literature Review 3 I. General 3 1. Geographical location & Vietnam’s climate 3 a. Geographical location 3 b. Climate 3 2. Effects of geographical & climate on Vietnam’s economy: 6 a. Effects of geographical location to Vietnam’s economy: 6 II. Definition, causes and actual situation of Viet Nam under climate change 7 1. Definition of climate change 8 2. Causes of climate change: 8 a. Natural causes 8 b. Human causes 9 c. Greenhouse gases and their sources 9 3. Actual situation in Vietnam: 12 III. Impact of Climate change on Viet Nam economy 14 1. Impact of Climate change on economy in general: 14 2. Climate change directly affects every economic sector 15 a. Impacts of climate change on agriculture, forestry and fisheries 15 b. Impact of climate change on industry sector 20 c. .Impacts of climate change on tourism sector 20 d. Impacts of climate change in components of the economy. 22 IV. Policies to deal with problems caused by climate change 26 1. Opportunities 26 2. Meeting the Challenges of Climate Change 26 The Three Approaches in Brief: 27 References 35 Literature Review There are many studies that have examined the effects of climate change on Vietnam’s economy. The majority of findings stated that climate change have negative impacts on Vietnam’s economy and suggest possible adaptation or mitigation measures to lessen the adverse impacts. The economies of some countries...
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... Mikelle Justin L. Raiz Aicon R. Villanueva BSBA 1-7 What is climate change? Climate change is a long-term shift in the statistics of the weather (including its averages). For example, it could show up as a change in climate normal’s (expected average values for temperature and precipitation) for a given place and time of year, from one decade to the next. We know that the global climate is currently changing. The last decade of the 20th Century and the beginning of the 21st have been the warmest period in the entire global instrumental temperature record, starting in the mid-19th century. Climate change, also called global warming, refers to the rise in average surface temperatures on Earth. An overwhelming scientific consensus maintains that climate change is due primarily to the human use of fossil fuels, which releases carbon dioxide and other greenhouse gases into the air. The gases trap heat within the atmosphere, which can have a range of effects on ecosystems, including rising sea levels, severe weather events, and droughts that render landscapes more susceptible to wildfires. Climate change is a large-scale, long-term shift in the planet's weather patterns or average temperatures. Earth has had tropical climates and ice ages many times in its 4.5 billion years. So what's happening now? Since the last ice age, which ended about 11,000 years ago, Earth's climate has been relatively stable at about 14 °C. However, in recent years, the average temperature...
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...The majority of the poor people also lived there. There is a big figure of undernourished people according to FAO 2009.Climate change appeared as the single most persistent issue dominatingsociety on a global basis, with severe consequences for the food security of billions of people in the developing countries. The inter-annual, monthly and daily distribution of climate variables (e.g., temperature, radiation, precipitation, water vapor pressure in the air and wind speed) disturbs a number of physical, chemical and livingprocesses that vigor the yield of agricultural, forestry and fisheries systems (Easterling et al. 2007).Climate change...
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...and Critical Skills in Environmental Sciences (IE 5511) Research Proposal Research Title: Regional Poverty Disparity in Bangladesh for Climate Change Author: Muhammad Abu Noyeem Abstract Whilst Bangladesh is considered one of the most climates affected and vulnerable country in the world has made commendable progress in poverty reduction. But the proportion of poverty reduction is not equal everywhere in the country, particularly the coastal regions - having vicinity to the Bay of Bengal differs from the rest of the country in terms of highest vulnerability for climatic change impacts and highest poverty levels as well. It is predicted that frequent extreme events in coastal regions are the main impediment to attain national poverty levels. This research proposal aim is to establish a relationship between climate change impacts and change in poverty disparity by comparing coastal areas with other regions in Bangladesh over the last 20 years. The study will be based on year-wise comparative data analysis regarding affected areas, damages, development activities, socio-economic variables and poverty levels since 1991 to 2011. This research hypothetically foresees that higher extreme events affect and much damage will be created higher poverty gaps and disparity in coastal areas than the other parts of the country. Keywords: climate change, poverty disparity, coastal areas, Bangladesh. Proposed Supervisor: Dr. Ariana Zeka Lecturer in Epidemiology and Public Health Institute...
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...Term Paper on “Climate Change and Bangladesh” Submitted by 1.Quazi Nizam Uddin, ID-5176 2.Kazi Golam Quddus,ID-5168 MBA(F) 4th Batch , Fall semister-2010 Submitted for Mohammad Jahangir Alam Asst Professor , Jahangir Nagar University & South East University Quantitative Analysis for Business decision (Bus-5119) Introduction As a part of our MBA course program we have to submit a term paper. As our course teacher selected the topics “Climate Change and Bangladesh”. Accordingly we have to write on this topic. Climate change is a long-term change in the statistical distribution of weather patterns over periods of time that range from decades to millions of years. It may be a change in the average weather conditions or a change in the distribution of weather events with respect to an average, for example, greater or fewer extreme weather events. Climate change may be limited to a specific region, or may occur across the whole Earth. In recent usage, especially in the context of environmental policy, climate change usually refers to changes in modern climate. It may be qualified as anthropogenic climate change, more generally known as global warming or anthropogenic global warming Bangladesh is frequently cited as one of the most vulnerable countries to climate change because of its disadvantageous geographic location, flat and low-lying topography...
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...What is climate change? The Earth's climate has changed over the last century. Increases in average temperatures have been seen around the globe and there is new and stronger evidence that most of the warming observed in the last 50 years is due to human activities. While climate change is a global issue, it will affect us all. Climate change has the potential to adversely affect our environment, our communities and our economy unless we take action now to reduce our greenhouse gas emissions and prepare for the impacts. Climate change will alter global and local climates. In Victoria, this means a warmer and drier future, with an increasing likelihood of more extreme events such as heatwaves, bushfires and storm surges. Climate change is the greatest threat facing our planet today. A warming planet alters weather patterns, water supplies, seasonal growth for plants and a sustainable way of life for us and the world’s wildlife. Climate change has already started, but it’s not too late to take action. There’s still time for us all to be part of the solution. A continuous flow of energy from the sun heats the Earth. Naturally occurring gases in the atmosphere, known as greenhouse gases – this includes carbon dioxide (CO2) - , trap this heat like a blanket, keeping the Earth at an average of 15 degrees Celsius – warm enough to sustain life. The overuse of fossil fuels is increasing CO2 in the atmosphere, trapping more and more heat and warming the Earth. As a result, we’re...
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...Changes in climate relate to changes in surrondings and often , as an example, temperature, precipitation, and wind over the course of months to several years. More widely, climate refers to changes in atmosphere (gaseous envelope surrounding the earth), layer (water on the surface of the earth), cryosphere (snow, ice, and land on and below the surface of the world and ocean), land surface, and region (ecosystems and organisms living within the atmosphere, land, and oceans).When we point out temperature change, we tend to accept its effects on our surroundings like melting polarice caps, extreme swings in weather, additional frequent droughts, flooding, and incidences of natural disasters. When we rely on climatic changes, mental state may...
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