menu

Office of Global Engagement

Brown study maps out ways to pay for climate-related loss and damage

November 7, 2016
Work by University’s Climate and Development Lab and colleagues clarifies a key article of the Paris Agreement and assesses options that can help pay for the losses and damages climate change will inflict.

 

PROVIDENCE, R.I. [Brown University] —Climate-related catastrophes are expensive, whether they come on suddenly, like the thousand-year flood in Louisiana in August 2016, or move slowly and inexorably, like desertification in Turkey. A new paper by researchers at Brown University’s Climate and Development Lab outlines financial instruments that could help countries pay for the irreversible losses climate change can cause, such as loss of life, species or land due to rising seas, and damages like the destruction of infrastructure and property by hurricanes and floods.

For more information, click here.