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UK Nuclear Weapons Catastrophe Making
The report assesses the risks of the UK's nuclear weapons deployment, noting that a single Trident submarine carries firepower equivalent to 320 Hiroshima bombs, capable of causing over 10 million civilian casualties and global climatic disruption leading to mass starvation. It further argues that the constant patrol of these weapons creates an unacceptable risk of unintended use with catastrophic consequences.
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Document type: Report
Is Côte d’Ivoire facing religious radicalism?
The report finds that while religious radicalism in Côte d’Ivoire has not reached the scale seen elsewhere in West Africa, the country remains vulnerable due to political instability, regulatory gaps, and socio-economic marginalisation. It details how Pentecostalist 'prophets' influenced the hardline posture of former President Laurent Gbagbo during the 2010-11 crisis and notes the presence of Wahhabi Islam. Additionally, it examines the Lebanese diaspora, noting that while most view Hezbollah as a 'national resistance movement' and provide financial support, there is currently no direct threat to Ivorian national security from this community.
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Document type: Report
(Mis)Calculated Risk and Climate Change – Are Rating Agencies Repeating Credit Crisis Mistakes?
The report argues that credit rating agencies may be artificially inflating the value of companies contributing to global warming by failing to account for climate risks, potentially repeating the systemic underestimation of risk seen during the credit crisis.
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Document type: Report
Towards a global carbon market: risks of linking the EU ETS to other carbon markets
The policy brief examines the implications of linking the EU ETS with external carbon markets, noting that while it may increase cost-efficiency, it risks undermining the EU's 2030 domestic emissions reduction target of 40%. It highlights the lack of transparency and European Parliament involvement in current negotiations and recommends that any linking be accompanied by higher emission targets and robust safeguards, such as the exclusion of international offsets.
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Document type: Policy brief
Economic Assessment of the Impacts of Climate Change in Uganda
The report estimates that making Uganda's infrastructure climate-resilient will cost between US$52-66 million annually by 2020, rising to US$638-1,157 million by 2050. Residential buildings are the most affected sector, accounting for approximately half of all adaptation costs. The study also projects that annual damages from extreme events, if frequency doubles every 25 years, could reach US$738-3,294 million by 2050. Key adaptation priorities include climate-proofing public buildings and developing resilient transport standards.
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Document type: Report
Chevron Letter 2-25-15_JC_2
Investors and the Union of Concerned Scientists (UCS) have formally requested that Chevron Corporation improve its public disclosures regarding the physical risks climate change poses to its coastal refineries. The authors argue that Chevron's SEC Form 10-K filings fail to address material risks such as sea level rise and enhanced storm surges, despite the vulnerability of specific sites like the Pascagoula, Mississippi and Kapolei, Hawaii refineries. They highlight that the 2005 damage to the Pascagoula refinery from Hurricane Katrina demonstrates the potential for material impacts on production and cash flows.
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Document type: Statement
Marathon Petroleum Letter 2-25-15 JC 2
Investors and the Union of Concerned Scientists (UCS) are calling on Marathon Petroleum to improve its public disclosures regarding the physical risks of climate change. They argue that the company's SEC Form 10-K filings fail to address the vulnerability of coastal refineries to sea level rise and storm surges, despite evidence of past disruptions and scientific projections for the Gulf of Mexico.
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Document type: Statement
Phillips 66 Letter 2-25-15 JC 1
The letter expresses concern over Phillips 66's limited disclosure of physical climate risks in its SEC Form 10-K filings, specifically highlighting the vulnerability of the Bayway refinery in New Jersey to sea level rise and storm surges.
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Document type: Statement
Valero Letter 2-25-15 JC 2
A letter from investors and the Union of Concerned Scientists (UCS) to Valero Energy Corporation requesting the disclosure of physical climate risks at its coastal refineries. The authors argue that Valero has failed to report material risks related to sea level rise and storm surge in its SEC Form 10-K filings, despite the vulnerability of facilities in Texas and Louisiana and previous disclosures made by the former owner of the Meraux refinery.
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Document type: Statement
2015 elections in West Africa: turbulent times ahead
The briefing examines the precarious state of elections in West Africa in 2015, highlighting how insurgency in Nigeria, constitutional disputes in Togo, electoral list controversies in Benin, fragile security in Côte d’Ivoire, funding gaps in Burkina Faso, and the Ebola crisis in Guinea threaten the legitimacy and stability of the democratic process.
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Document type: Briefing
Los riesgos ocultos de las inundaciones en un mundo que se calienta
The document highlights that every region of the United States has seen an increase in heavy precipitation over the last 50 years, a trend expected to continue as the climate warms. It identifies five 'hidden' health risks following floods: drowning in vehicles, contamination of drinking water, sewage backup in homes, contamination of recreational waterways, and toxic indoor mold. The text argues that while immediate dangers like drowning and electrocution are known, the long-term public health burdens—including respiratory issues, gastrointestinal diseases, and mental health problems—are often overlooked. It calls for aggressive reductions in carbon emissions from fossil fuels and the creation of more resilient communities to mitigate these escalating risks.
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Document type: Executive summary
Stormy Seas, Rising Risks
The report examines the vulnerability of U.S. coastal oil refineries to sea level rise and storm surge, focusing on five major companies: Valero, Phillips 66, Exxon Mobil, Marathon Petroleum, and Chevron. It argues that these companies fail to adequately disclose material physical climate risks to the SEC, despite guidance issued in 2010. The analysis uses SLOSH MOM modeling to demonstrate that current and future sea level rise increases the likelihood of facility inundation and operational disruptions. The report highlights the resulting financial risks for investors and the environmental and health risks for neighboring communities, particularly those in the Gulf Coast region.
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Document type: Report
DETAILED RECOMMENDATIONS TO REDUCE AND MANAGE RISK AT THE ‘LAST MILE’ OF THE UK-SOMALIA SAFER CORRIDOR PILOT
The report addresses the 'crisis in remittances' caused by bank de-risking in the UK-Somalia corridor due to AML/CFT compliance concerns. It proposes a 'third mile' risk management framework centered on a Trusted Third Party (TTP) system and a biometric registration process for recipients in Somalia. The TTP would track transactions, audit Money Service Businesses (MSBs), and assign risk ratings to transactions to provide UK settlement banks with greater confidence in the legitimacy of the funds flow. The authors suggest a six-month pilot starting in early 2015 involving 500 customers across two Somali locations.
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Document type: Report
Using climate information for large-scale hydropower planning in sub-Saharan Africa
The document argues that large-scale hydropower in sub-Saharan Africa is highly vulnerable to climate change, yet planning typically relies on historical data and ignores future projections. It identifies barriers to the adoption of climate services—including short planning horizons, institutional gaps, and the influence of Chinese financing—and recommends adopting flexible designs and catchment-wide planning based on downscaled climate models.
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Document type: Policy brief
POLICY BRIEF
The document highlights the vulnerability of sub-Saharan African port infrastructure to climate hazards such as sea level rise, storm surges, and extreme rainfall. It notes that while the industry is aware of climate change, this awareness is rarely translated into practical planning. The brief recommends establishing a close dialogue between climate scientists and port practitioners, reviewing port master plans, and providing designers with simple, quantified projections of climate variables to improve long-term resilience.
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Document type: Policy brief
TARISTU JA ENERGIASEKTORI KLIIMAMUUTUSTEGA KOHANEMISE RIIKLIK STRATEEGIA AASTATEKS 2017–2030
The strategy assesses the vulnerability of Estonia's energy and infrastructure systems to climate change, identifying the electricity distribution network and small ports as particularly susceptible. It outlines a comprehensive set of adaptation measures across technical support systems, buildings, transport, and energy resources, with an estimated total implementation cost of approximately 1.3 billion EUR for the 2017–2030 period. The plan emphasizes increasing energy independence through domestic renewable sources and improving the resilience of buildings and transport networks to temperature extremes and flooding.
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Document type: Report
CLIMATE CHANGE AND DISASTER RISK REDUCTION
The paper examines the relationship between climate change and disaster risk, arguing that while adaptation and DRR serve distinct purposes, they share a core goal of reducing vulnerability. It highlights how climate change drives disaster risk through extreme weather and how poor development practices can exacerbate this risk. The authors advocate for a risk-based approach and transformative change that addresses the underlying social and economic drivers of vulnerability, rather than focusing solely on event-based response.
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Document type: Research paper
norwegian_pension_8oct2014-c11199f8ca70e51d.pdf
The Center for International Environmental Law (CIEL) argues that the Norwegian Government Pension Fund Global (GPFG) faces significant legal, financial, and reputational risks due to its investments in fossil fuel companies. CIEL highlights that GPFG invests in 44 of the 90 'Carbon Majors' responsible for 63% of industrial greenhouse gas emissions from 1854-2010, increasing the likelihood of successful climate change litigation. The document specifically calls for immediate divestment from coal, citing the industry's financial decline, systemic demand drops in the US, and severe environmental and human rights abuses in India and China. Furthermore, CIEL asserts that continued fossil fuel investment contradicts Norway's international obligations under the UN Framework Convention on Climate Change and its commitment to inter-generational equity.
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Document type: Statement
The Role of Public Finance in Deploying Geothermal: Background Paper
The report identifies geothermal energy as a cost-competitive, low-carbon baseload power source, but notes that its deployment is hindered by high resource risks and long development timelines. It finds that 76-90% of geothermal project investments rely on public debt or equity, as the private sector is generally unwilling to fund the high-risk exploration phase. The document argues that while current policy support often focuses on the operational phase, public finance should be redirected toward the early stages of project development to attract more private capital.
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Document type: Report
Cómo el aumento del nivel del mar y las inundaciones de las mareas amenazan a las comunidades en las costas en los próximos 30 años
The report warns that tidal flooding will become chronic and disruptive for many US coastal communities by 2030 and 2045, necessitating urgent local adaptation and national carbon emission reductions.
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Document type: Executive summary