The importance of stakeholders in scoping risk assessments – lessons from low-carbon transitions
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Author / Producer
Date
2020-06
Publication Type
Journal Article
ETH Bibliography
yes
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Abstract
Identifying the risks that could impact a low-carbon transition is a prerequisite to assessing and managing these risks. We systematically characterise risks associated with decarbonisation pathways in fifteen case studies conducted in twelve countries around the world. We find that stakeholders from business, government, NGOs, and others supplied some 40 % of these risk inputs, significantly widening the scope of risks considered by academics and experts. Overall, experts and academics consider more economic risks and assess these with quantitative methods and models, while other stakeholders consider political risks more. To avoid losing sight of risks that cannot be easily quantified and modelled, including some economic risks, impact assessment modelling should be complemented with qualitative research and active stakeholder engagement. A systematic risk elicitation facilitates communication with stakeholders, enables better risk mitigation, and increases the chance of a sustainable transition.
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Publication status
published
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Editor
Book title
Journal / series
Volume
35
Pages / Article No.
400 - 413
Publisher
Elsevier
Event
Edition / version
Methods
Software
Geographic location
Date collected
Date created
Subject
Stakeholders; Climate policy; Risk assessment; Low-carbon transitions; Modelling; Integrated assessment models
Organisational unit
09451 - Patt, Anthony G. / Patt, Anthony G.
02351 - TdLab / TdLab
Notes
Funding
642260 - Transition pathways and risk analysis for chlimate change mitigation and adaptation strategies (SBFI)
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