Climate risk in the context of "Ecosystem-based adaptation"

Climate change vulnerability is a concept that describes how strongly people or ecosystems are likely to be affected by climate change. Its formal definition is the "propensity or predisposition to be adversely affected" by climate change. It can apply to humans and also to natural systems (or ecosystems). Issues around the capacity to cope and adapt are also part of this concept. Vulnerability is a component of climate risk. It differs within communities and also across societies, regions, and countries. It can increase or decrease over time. Vulnerability is generally a bigger problem for people in low-income countries than for those in high-income countries.

Higher levels of vulnerability will be found in densely populated areas, in particular those affected by poverty, poor governance, and/or conflict. Also, some livelihoods are more sensitive to the effects of climate change than others. Smallholder farming, pastoralism, and fishing are livelihoods that may be especially vulnerable. Further drivers for vulnerability are unsustainable land and ocean use, marginalization, and historical and ongoing patterns of inequity and poor governance.

A multiple breadbasket failure is the simultaneous disruption of grain production in several major agricultural regions globally, primarily due to acute climate events. This phenomenon has gained increasing attention in climate risk assessment and food security studies, particularly as climate change threatens to increase its likelihood in coming decades, potentially resulting in international food insecurity, economic crises, and significant civil and political unrest.

Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them. The accounting methods enable them to do this in a more consistent and transparent manner.

The main reasons for GHG accounting are to address social responsibility concerns or meet legal requirements. Public rankings of companies, financial due diligence and potential cost savings are other reasons. GHG accounting methods help investors better understand the climate risks of companies they invest in. They also help with net zero emission goals of corporations or communities. Many governments around the world require various forms of reporting. There is some evidence that programs that require GHG accounting help to lower emissions. Markets for buying and selling carbon credits depend on accurate measurement of emissions and emission reductions. These techniques can help to understand the impacts of specific products and services. They do this by quantifying their GHG emissions throughout their lifecycle (carbon footprint).