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Tackling Climate Risks: Current Strategies for Monitoring and Preventing Climate Hazards

Author

Listed:
  • Andra-Nicoleta MECU

    (Bucharest University of Economic Studies, Romania Author-Name: Florentina CHITU
    Bucharest University of Economic Studies, Romania)

  • Liviu-Andrei TOADER

    (Bucharest University of Economic Studies, Romania)

  • Georgiana Ionela MARIN

    (Bucharest University of Economic Studies, Romania)

Abstract

The Paris Agreement's signatories submitted in 2021 their updated climate action targets and commitments, known as Nationally Determined Contributions (NDCs). These goals encompass the efforts that countries will make in the next few years to reduce emissions and improve resilience. Meteorological and climatic products are a significant tool in climate risk management and adaptation to climate variability. In order to build resilience for sustainable development, both climate change and extreme weather occurrences must be incorporated into risk assessments. The goal of this research is to highlight the key approaches used by the world's major countries for monitoring and preventing climate hazards. Furthermore, the main actions implemented by Romania are taken into account. We will also explore a potential link between climate risks in the context of online commerce and the redefinition of global business models.

Suggested Citation

  • Andra-Nicoleta MECU & Liviu-Andrei TOADER & Georgiana Ionela MARIN, 2023. "Tackling Climate Risks: Current Strategies for Monitoring and Preventing Climate Hazards," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(2), pages 246-255, June.
    • Handle: RePEc:rom:merase:v:8:y:2023:i:2:p:246-255
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    More about this item

    Keywords

    Climate Change; Climate Risks; Sustainable Development; Sustainable ecommerce;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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