Systemic risks from climate-related disruptions at ports
Jasper Verschuur (),
Elco E. Koks and
Jim W. Hall
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Jasper Verschuur: University of Oxford
Elco E. Koks: University of Oxford
Jim W. Hall: University of Oxford
Nature Climate Change, 2023, vol. 13, issue 8, 804-806
Abstract:
Abstract Disruptions to ports from climate extremes can have systemic impacts on global shipping, trade and supply chains. By combining estimated climatic-related port downtime at 1,320 ports with a global model of transport flows, we pinpoint systemic risks to global maritime transport, trade and supply-chain networks. We estimate a total of US$81 billion of global trade and at least US$122 billion of economic activity being at-risk on average annually.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:nat:natcli:v:13:y:2023:i:8:d:10.1038_s41558-023-01754-w
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DOI: 10.1038/s41558-023-01754-w
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