“This is a living documentation of the price we are all paying for carbon pollution. Find out how you are paying, add your cost, and share with those who can help to end climate denial and put a price on carbon.”
“The Cost of Carbon is the never-ending toll that carbon pollution is having on our planet. Carbon pollution is disrupting our Earth’s atmosphere, causing a long-term rise in temperatures. Increased temperatures are in turn leading to extreme climate-related disasters. It is the exposure to these rising temperatures and extreme climate-related disasters that is resulting in a wide variety of costs, both financial and other. In using the Carbon Tab, the current risk level that you are assigned is based on your location. It has been determined in large part by Maplecroft through an evaluation of the vulnerability of populations to extreme events and changes in environmental parameters. It combines the risk of exposure with the degree of human sensitivity and the ability to adapt to climate change. While scientists are currently unable to study and link every extreme climate hazard event to climate change, the science is advancing rapidly. Such extreme events are increasingly found to be influenced by carbon pollution. Baseline data provided by Maplecroft and taken from the Maplecroft Natural Hazards Risk Atlas 2013 and Maplecroft Climate Change and Environment Risk Atlas 2013. Maplecroft produce 170+ data indices, maps, scorecards for 197 countries worldwide combining rigorous research methodologies with internationally recognised data sets.
Climate Hazards Risk: The fossil fuel industry (coal, oil, gas) is increasing carbon pollution in the Earth’s atmosphere. In turn, increasing carbon pollution is causing the planet to warm. In addition to rising sea levels and higher storm surges, and changes in some vector-borne diseases and parasites, this warming is linked to an increase in the frequency, and in some cases the intensity, of extreme weather events such as heavy downpours, heat waves, and droughts. Each of those events, in turn, is linked with a host of other risks and associated costs.
Rising Temperatures: Global temperatures are rising. The increase in temperature has varied regionally and seasonally with higher latitudes exhibiting some of the most substantial increases.
Flood Risk: The Flood Risk represents the risk from riverine flooding. This refers to the floods associated with rivers bursting their banks as opposed to flooding associated with inundations caused by flash flooding or sea water, or water pooling following heavy rain.
Hurricane Risk: The Hurricane Risk represents the risk from tropical storms and tropical cyclones (hurricanes and typhoons).
The Landslide (precipitation-related) Risk represents the risk from landslides triggered by heavy and/or prolonged precipitation. In this index the term landslides refers to rapid mass movement, rockslides and debris flows which can be induced following heavy precipitation.
Storm surge Risk: The Storm Surge (Tropical Cyclones) Risk represents the risk from storm surges originating from tropical cyclones.
Wildfire Risk: The Wildfire Risk represents the risk to a country from wildfires.
Drought Risk: The Drought Risk is designed to quantify the risk from the occurrence of droughts. It provides an assessment of meteorological drought risk, defined as a period of below average rainfall resulting in a deficiency in water supply. The affect droughts have populations is determined by external socio-economic factors.
Malaria Risk: The Malaria Risk assesses the risk from malaria in a given country by taking into account malaria cases and deaths, mosquito net coverage and the capacity each country has to contain infectious disease.
Note: Extreme heat events have increased in frequency and intensity. Climate models project further increases into the future. Geographic-specific data of current extreme heat risk at a global scale was not available for this analysis.
Resulting Costs :The listing of resulting or associated hazard costs is by no means all-inclusive. These costs are intended to give the user a small sampling of the cost types typically resulting from rising temperatures and climate-related hazard events. Not all of these costs are financial. Climate-related hazards also impart an emotional toll that is not easily valued.
Hazard Events: A small selection of recent hazard events is included in timeline form. The hazard types shown here are those that are or expected to be in the future influenced by manmade changes to the Earth’s climate system. While linking a specific hazard event to climate change is a difficult task, scientists are increasingly able to do so with advanced modeling techniques.
Source: Data provided by Maplecroft, the global risk analytics firm. Further information see www.maplecroft.com“
Climate Hazards Risk: The fossil fuel industry (coal, oil, gas) is increasing carbon pollution in the Earth’s atmosphere. In turn, increasing carbon pollution is causing the planet to warm. In addition to rising sea levels and higher storm surges, and changes in some vector-borne diseases and parasites, this warming is linked to an increase in the frequency, and in some cases the intensity, of extreme weather events such as heavy downpours, heat waves, and droughts. Each of those events, in turn, is linked with a host of other risks and associated costs.
Rising Temperatures: Global temperatures are rising. The increase in temperature has varied regionally and seasonally with higher latitudes exhibiting some of the most substantial increases.
Flood Risk: The Flood Risk represents the risk from riverine flooding. This refers to the floods associated with rivers bursting their banks as opposed to flooding associated with inundations caused by flash flooding or sea water, or water pooling following heavy rain.
Hurricane Risk: The Hurricane Risk represents the risk from tropical storms and tropical cyclones (hurricanes and typhoons).
The Landslide (precipitation-related) Risk represents the risk from landslides triggered by heavy and/or prolonged precipitation. In this index the term landslides refers to rapid mass movement, rockslides and debris flows which can be induced following heavy precipitation.
Storm surge Risk: The Storm Surge (Tropical Cyclones) Risk represents the risk from storm surges originating from tropical cyclones.
Wildfire Risk: The Wildfire Risk represents the risk to a country from wildfires.
Drought Risk: The Drought Risk is designed to quantify the risk from the occurrence of droughts. It provides an assessment of meteorological drought risk, defined as a period of below average rainfall resulting in a deficiency in water supply. The affect droughts have populations is determined by external socio-economic factors.
Malaria Risk: The Malaria Risk assesses the risk from malaria in a given country by taking into account malaria cases and deaths, mosquito net coverage and the capacity each country has to contain infectious disease.
Note: Extreme heat events have increased in frequency and intensity. Climate models project further increases into the future. Geographic-specific data of current extreme heat risk at a global scale was not available for this analysis.
Resulting Costs :The listing of resulting or associated hazard costs is by no means all-inclusive. These costs are intended to give the user a small sampling of the cost types typically resulting from rising temperatures and climate-related hazard events. Not all of these costs are financial. Climate-related hazards also impart an emotional toll that is not easily valued.
Hazard Events: A small selection of recent hazard events is included in timeline form. The hazard types shown here are those that are or expected to be in the future influenced by manmade changes to the Earth’s climate system. While linking a specific hazard event to climate change is a difficult task, scientists are increasingly able to do so with advanced modeling techniques.
Source: Data provided by Maplecroft, the global risk analytics firm. Further information see www.maplecroft.com“
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