|
Panel Session: Strategies for Reducing
Catastrophe Risks in the Face of Climate Change
Moderator: Howard Kunreuther; Cecilia Yen Koo Professor of
Decision Sciences and Public Policy, and Co-Director Risk Management
and Decision Processes Center, Wharton School, University of
Pennsylvania
Panelists: Scott Belden; Senior Vice President of
Reinsurance, Travelers Insurance
William H. Hooke; Policy Program Director, American
Meteorological Society
Granger Morgan; Lord Chair Professor in Engineering and
Director of the Climate Decision Making Center at Carnegie Mellon
University
Robert Muir-Wood; Chief Research Officer at Risk Management
Solutions, RMS
Given the possibility of sea level rise due to global warming, we are entering a new era of catastrophes unless the increasing number of property owners located in hurricane and flood-prone regions of the world invest in risk-reduction (adaptation) measures or relocate to safer ground. In this context, the current debate about how best to adapt to a changing climate raises an important policy question: How can those countries facing floods, hurricanes, and tropical cyclones sustain themselves against more devastating climate-related natural disasters in the future? This panel brings experts from the research community and the public and private sectors to suggest risk management strategies for addressing this issue.
|