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Climate-Related Disasters and the Death Toll

Author

Listed:
  • Valérie Chavez-Demoulin

    (University of Lausanne - School of Economics and Business Administration (HEC-Lausanne))

  • Eric Jondeau

    (University of Lausanne - Faculty of Business and Economics (HEC Lausanne); Swiss Finance Institute)

  • Linda Mhalla

    (HEC Montreal - Department of Decision Sciences; University of Geneva, Geneva School of Economics and Management, Research Center for Statistics)

Abstract

With climate change accelerating, the frequency of climate disasters is expected to increase in the decades to come. There is ongoing debate as to how different climatic regions will be affected by such an acceleration. In this paper, we describe a model for predicting the frequency of climate disasters and the severity of the resulting number of deaths. The frequency of disasters is described as a Poisson process driven by aggregate CO2 emissions. The severity of disasters is described using a generalized Pareto distribution driven by the trend in regional real gross domestic product (GDP) per capita. We predict the death toll for different types of climate disasters based on the projections made by the Intergovernmental Panel on Climate Change for the population, the regional real GDP per capita, and aggregate CO2 emissions in the "sustainable" and "business-as-usual" baseline scenarios.

Suggested Citation

  • Valérie Chavez-Demoulin & Eric Jondeau & Linda Mhalla, 2021. "Climate-Related Disasters and the Death Toll," Swiss Finance Institute Research Paper Series 21-63, Swiss Finance Institute.
  • Handle: RePEc:chf:rpseri:rp2163
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    Cited by:

    1. May Haggag & Eman Rezk & Wael El-Dakhakhni, 2023. "Machine learning prediction of climate-induced disaster injuries," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 116(3), pages 3645-3667, April.

    More about this item

    Keywords

    Climate change; Climate disasters; Death toll; Frequency and severity;
    All these keywords.

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