Costs and Benefits of Climate Change in Switzerland

Vöhringer, Frank; Vielle, Marc; Thalmann, Philippe; Frehner, Anita; Knoke, Wolfgang; Stocker, Dario; Thurm, Boris

doi:10.1142/s2010007819500052

Cited by 6 publications

(3 citation statements)

References 25 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…To value productivity losses associated with the reduced number of hot days, we assumed an average reduced worker productivity of 7% on a hot day (Vöhringer et al., 2017) given that productivity losses of 3% can be measured at temperatures of 26°C and productivity losses of 12% at 36°C (Bux, 2006). Although this approach does not consider the duration or intensity of exceedance of the temperature threshold, we believe this average estimate may underestimate the degree of productivity loss as the lower temperature range is not considered in our study (i.e.…”

Section: Methodsmentioning

confidence: 99%

A cost–benefit analysis of implementing urban heat island adaptation measures in small- and medium-sized cities in Austria

Johnson

See

Oswald

et al. 2020

Environment and Planning B: Urban Analytics and City Science

View full text Add to dashboard Cite

Urban heat islands are an increasing concern even in small- to medium-sized cities, although these areas are still understudied especially in terms of the economic feasibility of adaptation options. This paper uses adaptation scenarios produced by an urban climate model as inputs to a social cost–benefit analysis in three small- to medium-sized cities in Austria: Mödling, Klagenfurt, and Salzburg. The adaptation scenarios, which consider measures such as increasing the reflectivity of different sealed surfaces (referred to as the White City scenario) as well as greening measures (i.e. the Green City scenario), show decreases in the number of hot days (Tmax ≥30°C) when implemented. Benefits include reductions in heat-related mortality, which are modeled based on trends of daily mortality and climate data, reduced morbidity, productivity loss, and numerous urban ecosystem services. The results demonstrate favorable benefit–cost ratios of a combination of measures (White and Green City) of 1.27, 1.36, and 2.68 for Mödling, Klagenfurt, and Salzburg, respectively, indicating positive economic grounds for supporting policies in line with the adaptation scenarios. Furthermore, results of the Green City vs. White City showed higher benefits for the combined and Green City scenarios despite higher costs for each of the cities.

show abstract

Section: Methodsmentioning

confidence: 99%

A cost–benefit analysis of implementing urban heat island adaptation measures in small- and medium-sized cities in Austria

Johnson

See

Oswald

et al. 2020

Environment and Planning B: Urban Analytics and City Science

View full text Add to dashboard Cite

show abstract

“…Furthermore, a positive impact of natural disasters on the performance of the USA banks is reported in prior studies (Ewing et al , 2006). Furthermore, it is reported in prior studies that the financial/insurance sector may not be on the list of most impacted sectors by climate change, especially the extreme weather events (Vöhringer et al , 2019). It is concluded that natural disasters do not significantly impact the financial performance of the banks due to insurance of bank interests in the affected areas.…”

Section: Estimations and Findingsmentioning

confidence: 99%

Money at risk: climate change and performance of Canadian banking sector

U-Din

Nazir

Shahzad

2021

JEAS

View full text Add to dashboard Cite

PurposeIn the last few decades, the frequency and intensity of extreme weather events have increased in most parts of the world including Canada because of global warming. The global warming in Canada is about double the magnitude of global warming; therefore, policymakers are concerned about the potential significant impact of the weather catastrophes on the economy and financial sector. The purpose of this study is to explore the impact of weather catastrophes on the Canadian banking sector.Design/methodology/approachUsing a sample of banking firms from Canada over the period 1988–2019, the present study estimates different econometric techniques to investigate the impact of weather catastrophes on the risk and performance of Canadian banks.FindingsAnalyses of the study do not find a significant impact of the weather catastrophes on the performance of the Canadian banks; however, it has helped banks to lower their risk level and improve stability due to proactive risk management. The findings of this study are not consistent with concerns of the policymakers about climate risk to the Canadian bank sector. More sector-specific research and policy initiatives are recommended to minimize the future financial risk of the increased frequency and intensity of natural disasters.Originality/valueThe study contributes to support the notion that the climate risk of banks is protected with insurance and reconstruction activities provide more banking opportunities.

show abstract

“… ST. LUCIA SWEDEN SWITZERLAND Vöhringer, F.; Vielle, M.; Thurm, B.; Knoke, W.; Stocker, D.; Frehner, A.; Maire, S.; and Thalmann, P. Assessing the Impacts of Climate Change for Switzerland. Report Prepared for the Federal Office for the Environment: Bern, Switzerland, 2017 [111]. TAJIKISTAN THAILAND Thailand’s Climate Change and Health Country Profile [112].…”

Section: Table A1mentioning

confidence: 99%

Assessing Health Vulnerabilities and Adaptation to Climate Change: A Review of International Progress

Berry

Enright

Shumake-Guillemot

et al. 2018

IJERPH

View full text Add to dashboard Cite

Climate change is increasing risks to human health and to the health systems that seek to protect the safety and well-being of populations. Health authorities require information about current associations between health outcomes and weather or climate, vulnerable populations, projections of future risks and adaptation opportunities in order to reduce exposures, empower individuals to take needed protective actions and build climate-resilient health systems. An increasing number of health authorities from local to national levels seek this information by conducting climate change and health vulnerability and adaptation assessments. While assessments can provide valuable information to plan for climate change impacts, the results of many studies are not helping to build the global evidence-base of knowledge in this area. They are also often not integrated into adaptation decision making, sometimes because the health sector is not involved in climate change policy making processes at the national level. Significant barriers related to data accessibility, a limited number of climate and health models, uncertainty in climate projections, and a lack of funding and expertise, particularly in developing countries, challenge health authority efforts to conduct rigorous assessments and apply the findings. This paper examines the evolution of climate change and health vulnerability and adaptation assessments, including guidance developed for such projects, the number of assessments that have been conducted globally and implementation of the findings to support health adaptation action. Greater capacity building that facilitates assessments from local to national scales will support collaborative efforts to protect health from current climate hazards and future climate change. Health sector officials will benefit from additional resources and partnership opportunities to ensure that evidence about climate change impacts on health is effectively translated into needed actions to build health resilience.

show abstract

Costs and Benefits of Climate Change in Switzerland

Cited by 6 publications

References 25 publications

A cost–benefit analysis of implementing urban heat island adaptation measures in small- and medium-sized cities in Austria

A cost–benefit analysis of implementing urban heat island adaptation measures in small- and medium-sized cities in Austria

Money at risk: climate change and performance of Canadian banking sector

Assessing Health Vulnerabilities and Adaptation to Climate Change: A Review of International Progress

Contact Info

Product

Resources

About