Matches in SemOpenAlex for { <https://semopenalex.org/work/W4284690899> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W4284690899 abstract "Climate adaptation could yield significant benefits. However, the uncertainty of which future climate scenarios will occur decreases the feasibility of proactively adapting. Climate adaptation projects could be underwritten by benefits paid for in the climate scenarios that each adaptation project is designed to address because other entities would like to hedge the financial risk of those scenarios. Because the return on investment is a function of the level of climate change, it is optimal for the adapting entity to finance adaptation with repayment as a function of the climate. It is also optimal for entities with more financial downside under a more extreme climate to serve as an investing counterparty because they can obtain higher than market rates of return when they need it most. In this way, parties proactively adapting would reduce the risk they over-prepare, while their investors would reduce the risk they under-prepare. This is superior to typical insurance because, by investing in climate-contingent mechanisms, investors are not merely financially hedging but also outright preventing physical damage, and therefore creating economic value. This coordinates capital through time and place according to parties' risk reduction capabilities and financial profiles, while also providing a diversifying investment return. Climate-contingent finance can be generalized to any situation where entities share exposure to a risk where they lack direct control over whether it occurs (e.g., climate change, or a natural pandemic), and one type of entity can take proactive actions to benefit from addressing the effects of the risk if it occurs (e.g., through innovating on crops that would do well under extreme climate change or vaccination technology that could address particular viruses) with funding from another type of entity that seeks a targeted return to ameliorate the downside." @default.
- W4284690899 created "2022-07-08" @default.
- W4284690899 creator A5058951556 @default.
- W4284690899 date "2022-07-05" @default.
- W4284690899 modified "2023-09-28" @default.
- W4284690899 title "Climate-Contingent Finance" @default.
- W4284690899 doi "https://doi.org/10.48550/arxiv.2207.02064" @default.
- W4284690899 hasPublicationYear "2022" @default.
- W4284690899 type Work @default.
- W4284690899 citedByCount "0" @default.
- W4284690899 crossrefType "posted-content" @default.
- W4284690899 hasAuthorship W4284690899A5058951556 @default.
- W4284690899 hasBestOaLocation W42846908991 @default.
- W4284690899 hasConcept C10138342 @default.
- W4284690899 hasConcept C120665830 @default.
- W4284690899 hasConcept C121332964 @default.
- W4284690899 hasConcept C132651083 @default.
- W4284690899 hasConcept C139807058 @default.
- W4284690899 hasConcept C144133560 @default.
- W4284690899 hasConcept C162118730 @default.
- W4284690899 hasConcept C162324750 @default.
- W4284690899 hasConcept C178350159 @default.
- W4284690899 hasConcept C18903297 @default.
- W4284690899 hasConcept C26503482 @default.
- W4284690899 hasConcept C2776719154 @default.
- W4284690899 hasConcept C2779312582 @default.
- W4284690899 hasConcept C2780210451 @default.
- W4284690899 hasConcept C2780821815 @default.
- W4284690899 hasConcept C2780919918 @default.
- W4284690899 hasConcept C30755413 @default.
- W4284690899 hasConcept C70771513 @default.
- W4284690899 hasConcept C86803240 @default.
- W4284690899 hasConceptScore W4284690899C10138342 @default.
- W4284690899 hasConceptScore W4284690899C120665830 @default.
- W4284690899 hasConceptScore W4284690899C121332964 @default.
- W4284690899 hasConceptScore W4284690899C132651083 @default.
- W4284690899 hasConceptScore W4284690899C139807058 @default.
- W4284690899 hasConceptScore W4284690899C144133560 @default.
- W4284690899 hasConceptScore W4284690899C162118730 @default.
- W4284690899 hasConceptScore W4284690899C162324750 @default.
- W4284690899 hasConceptScore W4284690899C178350159 @default.
- W4284690899 hasConceptScore W4284690899C18903297 @default.
- W4284690899 hasConceptScore W4284690899C26503482 @default.
- W4284690899 hasConceptScore W4284690899C2776719154 @default.
- W4284690899 hasConceptScore W4284690899C2779312582 @default.
- W4284690899 hasConceptScore W4284690899C2780210451 @default.
- W4284690899 hasConceptScore W4284690899C2780821815 @default.
- W4284690899 hasConceptScore W4284690899C2780919918 @default.
- W4284690899 hasConceptScore W4284690899C30755413 @default.
- W4284690899 hasConceptScore W4284690899C70771513 @default.
- W4284690899 hasConceptScore W4284690899C86803240 @default.
- W4284690899 hasLocation W42846908991 @default.
- W4284690899 hasOpenAccess W4284690899 @default.
- W4284690899 hasPrimaryLocation W42846908991 @default.
- W4284690899 hasRelatedWork W117833942 @default.
- W4284690899 hasRelatedWork W1534612663 @default.
- W4284690899 hasRelatedWork W2495417003 @default.
- W4284690899 hasRelatedWork W2728202157 @default.
- W4284690899 hasRelatedWork W3123118456 @default.
- W4284690899 hasRelatedWork W3125909303 @default.
- W4284690899 hasRelatedWork W3190611506 @default.
- W4284690899 hasRelatedWork W4283731170 @default.
- W4284690899 hasRelatedWork W4284690899 @default.
- W4284690899 hasRelatedWork W583814114 @default.
- W4284690899 isParatext "false" @default.
- W4284690899 isRetracted "false" @default.
- W4284690899 workType "article" @default.