Transitions pathways and risk analysis for climate change mitigation and adaption strategies
Both the models concerning the future climate evolution and its impacts, as well as the models assessing the costs and benefits associated with different mitigation pathways face a high degree of uncertainty. There is an urgent need to not only understand the costs and risks associated with climate change but also the risks, uncertainties and co-effects related to different mitigation pathways as well as public acceptance (or lack thereof) of low-carbon (technology) options.
The main objectives of TRANSrisk are to create a novel assessment framework for analysing costs and benefits of transition pathways, that will integrate well-established approaches to modelling the costs of resilient, low-carbon pathways with a wider interdisciplinary approach including risk assessments. In addition TRANSrisk aims to design a decision support tool that should help policy makers to better understand uncertainties and risks and enable them to include risk assessments into more robust policy design.
Start date: 01/09/2015
End date: 31/12/2018
Coordinator: University of Sussex
Funding scheme: H2020 Programme
Budget: € 7.974.242,50