What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Giving Compass' Take:
• Katharine Mach and Solomon Hsiang discuss the uneven risk of climate change: how different geographical areas will suffer and benefit at different rates from global warming.
• How can philanthropy identify support areas that will suffer the most from climate change? How can philanthropy help areas with improving climates make the most of the opportunity?
• Find out how climate change impacts people living in poverty.
Solomon Hsiang: We do spend a lot of resources trying to cope with the cold. And so there are many parts of the world where if you get a little bit warmer, or if you get a little bit more rainfall, a little less rainfall you actually can take those resources that you were spending on, you know, shoveling your driveway or paying someone to plow it. And you can invest those in something much more productive.
Katherine Mach: Will we create winners and losers in terms of the big companies able to shift their supply chains readily at the same time that people on the ground in small communities in Africa or small rural communities in the southeast in the U.S. for example, can't as readily make those types of rather dramatic fast adjustments.
I think in terms of uneven risk it's not just what the overall unevenness or unfairness looks like through space we need to be thinking also about the most affected systems whether that’s coral reefs or archaeological remains being uncovered in indigenous villages in the Arctic or small islands going under. We have to think about extremes which are unpredictable kind of except that there are these profound patterns. And if we think about the $300 billion in losses in the last year there was unevenness there comparing Puerto Rico to Houston for example.
Read the full discussion about uneven climate risks with Solomon Hsiang and Katharine Mach at Climate One.