Investment Decision Making Under Deep Uncertainty : Application to Climate Change

While agreeing on the choice of an optimal investment decision is already difficult for any diverse group of actors, priorities, and world views, the presence of deep uncertainties further challenges the decision-making framework by questioning the...

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Bibliographic Details
Main Authors:	Hallegatte, Stéphane, Shah, Ankur, Lempert, Robert, Brown, Casey, Gill, Stuart
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	AFFORESTATION AIR AIR TEMPERATURE ANNUAL RAINFALL APPLICATION TO CLIMATE CHANGE ATMOSPHERE ATMOSPHERIC RESEARCH BOARD MEMBERS CALCULATION CAPACITY BUILDING CATCHMENT AREA CLIMATE CLIMATE CHANGE CLIMATE CHANGE ADAPTATION CLIMATE CHANGE DAMAGES CLIMATE CHANGE IMPACT CLIMATE CHANGE INFORMATION CLIMATE CHANGE MITIGATION CLIMATE CHANGE PROJECTIONS CLIMATE CHANGE SCENARIOS CLIMATE CHANGES CLIMATE CONDITIONS CLIMATE DATA CLIMATE EFFECTS CLIMATE IMPACTS CLIMATE INDICATORS CLIMATE INFORMATION CLIMATE MODEL CLIMATE MODELERS CLIMATE MODELING CLIMATE MODELS CLIMATE POLICIES CLIMATE PROJECTIONS CLIMATE RESPONSE CLIMATE RISK CLIMATE RISK ASSESSMENT CLIMATE SCENARIOS CLIMATE SCIENCE CLIMATE SENSITIVE CLIMATE SENSITIVITY CLIMATE SIGNAL CLIMATE STATISTICS CLIMATE SYSTEM CLIMATE UNCERTAINTY CLIMATE VARIABILITY CLIMATE VARIABLES CLIMATE VULNERABILITIES CLIMATE VULNERABILITY CLIMATES CLIMATIC CHANGES CLIMATIC PARAMETERS CO CO2 COASTAL AREAS COASTAL ZONES CONVECTION COPE WITH CLIMATE CHANGE COST BENEFIT ANALYSIS COST-BENEFIT COST-BENEFIT ANALYSES COST-BENEFIT ANALYSIS COST-BENEFIT FRAMEWORK DAMAGES DECISION MAKERS DECISION MAKING DECISION MAKING PROCESS DECISION MAKING PROCESSES DECISION PROCESS DECREASE IN RAINFALL DEEP UNCERTAINTY DISCOUNT RATE DISCOUNT RATES ECOLOGICAL SYSTEMS ECOSYSTEM EMISSION EMISSION SCENARIO EMISSION SCENARIOS EMISSIONS ENERGY EFFICIENCY ENERGY PRODUCTION ENERGY SECURITY ENERGY USE ENVIRONMENTAL GROUPS EXTREME EVENTS FINANCIAL MARKETS FLOOD CONTROL FLOOD MANAGEMENT FLOOD PROTECTION FLOOD RISK FLOODS FORECAST CLIMATE CHANGE FOREST FOREST MANAGEMENT FORESTRY FORESTRY SECTOR FUTURE CLIMATE CHANGE FUTURE CLIMATE CHANGES GCM GHG GLACIERS GLOBAL CLIMATE GLOBAL CLIMATE CHANGE GLOBAL MEAN TEMPERATURE GLOBAL SCALE GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GROUNDWATER LEVEL HURRICANE HURRICANE INTENSITY HURRICANE PROTECTION HURRICANES ICE IMPACT OF CLIMATE IMPACT OF CLIMATE CHANGE IMPACTS OF CLIMATE CHANGE INCOME INFORMATION ON CLIMATE INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INVESTMENT DECISIONS INVESTMENT STRATEGIES IPCC JOBS LAKE LEVEL LAKE LEVELS LAKES LAND MANAGEMENT LOWER COSTS LOWER RAINFALL MONSOON MONSOONS NEGATIVE IMPACTS OCEANS PALEOCLIMATE PHYSICS PORTFOLIO PRECIPITATION PRESENT VALUE PROBABILITY DISTRIBUTION PROBABILITY DISTRIBUTIONS PROBABILITY OF OCCURRENCE QUANTITATIVE ANALYSIS RAIN RAINFALL RAINFALL INTENSITY RAINY DAYS REGIONAL CLIMATE RENEWABLE ENERGY RESPONSE TO CLIMATE CHANGE RISK AVERSION RISK MANAGEMENT RUNOFF SAFE WATER SALINE INTRUSION SCENARIOS SCIENTIFIC INFORMATION SEA LEVEL RISE SEA WALLS STAKEHOLDER INVOLVEMENT STAKEHOLDER PARTICIPATION STORM SURGE STORMS SUMMER TEMPERATURE TEMPERATURE TEMPERATURE CHANGE TEMPERATURE CHANGES TEMPERATURE VARIABILITY TEMPORAL SCALES TIMBER MANAGEMENT TROPICS UNCERTAINTIES URBAN WATER URBAN WATER MANAGEMENT UTILITY FUNCTION UTILITY FUNCTIONS WASTEWATER SYSTEMS WATER AVAILABILITY WATER CONSUMPTION WATER DEMAND WATER DEVELOPMENT WATER INFRASTRUCTURE WATER MANAGEMENT WATER MANAGERS WATER RESOURCES WATER SUPPLY WATER USE WATER USERS WEATHER WEATHER PATTERNS WORST-CASE WORST-CASE SCENARIOS
Online Access:	http://documents.worldbank.org/curated/en/2012/09/16708533/investment-decision-making-under-deep-uncertainty-application-climate-change http://hdl.handle.net/10986/12028

Internet

http://documents.worldbank.org/curated/en/2012/09/16708533/investment-decision-making-under-deep-uncertainty-application-climate-change
http://hdl.handle.net/10986/12028

Investment Decision Making Under Deep Uncertainty : Application to Climate Change

Internet

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