The authors of this paper propose an automated multi-criteria design-under-uncertainty sensitivity analysis formulation that uses multi-objective evolutionary algorithms to reveal robust and efficient designs under different samples of a climate scenario ensemble. Read more
This brief summarises the main lessons from four years of the UMFULA project – led by the Grantham Research Institute, UMFULA has addressed questions of climate science, climate impacts and decision-making processes for adaptation in central and southern Africa, with focuses on Malawi and Tanzania. Read more
This research applies a Decision‐Making Under Uncertainty (DMUU) approach to explore the robustness of adaptation options and pathways against future climate and socioeconomic uncertainties in the Cauvery River Basin in Karnataka, India. Read more
In this paper, the authors’ treatment of uncertainty in environmental applications is motivated by two leading examples: climate change and biodiversity loss. They argue that in these cases uncertainty is sufficiently far-reaching that standard decision-making tools such as expected utility theory may no longer capture important aspects of our uncertainty preferences. Richer models of decision-making, which allow us to express lack of confidence in our information, may be more desirable. Read more
Abstract Climate change adaptation is unavoidable, particularly in developing countries where the adaptation deficit is often larger than in developed... Read more
This working paper aims to inform the development community about the current state-of-knowledge and emerging thinking on the economics of adaptation and the application to development. Read more
The United Kingdom Climate Impacts Programme’s UKCP09 project makes high-resolution projections of the climate out to 2100 by post-processing the... Read more
Since Nicholas Stern published his influential 'Review on the Economics of Climate Change' for the British government in 2006, economists have become increasingly interested in how the value of climate policy, especially the reduction of greenhouse gas emissions at the global level, depends on risk and uncertainty. New lines of research make the case that mitigating climate change is above all an exercise in catastrophic risk management. Read more
