Project 5e

LSE Lead: Professor Nicholas Stern and Professor Leonard Smith

Post-Doctoral Research Officer: Dr Nicola Ranger

This package will explore the range of likely economic impacts of climate change in emerging economies and opportunities for insurance and financial sectors to respond to these impacts.

The first phase of the package will identify impacts of highest economic and business relevance.

The second phase will consist of more specific and focused studies to inform the management of these impacts.

The package will incorporate aspects of decision making under uncertainty and model interpretation from (A) and will provide a critical quantitative examination of options for adaptation response, such as micro-insurance.