In today's Business Standard, Dr Arunabha Ghosh has jointly written with Sir David King (the UK Foreign Secretary’s Special Representative for Climate Change, formerly UK Chief Scientific Adviser) a column on the risk assessment of climate change.
Climate risks - the worst cases matter
When we think about the risks to a business's viability, or the threats to a nation's security, we normally ask, "What is the worst that could happen?" Having identified the greatest risks, we can then decide how much effort to spend on reducing or avoiding them. Climate change, surely, should be no different. How else should a head of government decide how much effort to spend on reducing or moderating emissions of greenhouse gases, other than by considering the worst case consequences of failing to do so?
Over the last year, we have worked with scientists and experts in risk from China, India, the UK, and the US, among other countries, to try and understand those worst-case consequences a bit more clearly. More than 40 other scientists, economists, food and agriculture specialists, hydrologists, military strategists, public health, finance and insurance experts, among others, have contributed to our assessments.
Article continued here: http://www.business-standard.com/article/opinion/arunabha-ghosh-david-king-climate-risks-the-worst-cases-matter-115072001245_1.html