Tackling Climate Risks: Current Strategies for Monitoring and Preventing Climate Hazards

Andra-Nicoleta Mecu (), Liviu-Andrei Toader () and Georgiana Ionela Marin ()
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Andra-Nicoleta Mecu: Bucharest University of Economic Studies, Romania Author-Name: Florentina CHITU
Liviu-Andrei Toader: Bucharest University of Economic Studies, Romania
Georgiana Ionela Marin: Bucharest University of Economic Studies, Romania

Management and Economics Review, 2023, vol. 8, issue 2, 246-255

Abstract: The Paris Agreement's signatories submitted in 2021 their updated climate action targets and commitments, known as Nationally Determined Contributions (NDCs). These goals encompass the efforts that countries will make in the next few years to reduce emissions and improve resilience. Meteorological and climatic products are a significant tool in climate risk management and adaptation to climate variability. In order to build resilience for sustainable development, both climate change and extreme weather occurrences must be incorporated into risk assessments. The goal of this research is to highlight the key approaches used by the world's major countries for monitoring and preventing climate hazards. Furthermore, the main actions implemented by Romania are taken into account. We will also explore a potential link between climate risks in the context of online commerce and the redefinition of global business models.

Keywords: Climate Change; Climate Risks; Sustainable Development; Sustainable ecommerce (search for similar items in EconPapers)
JEL-codes: L81 Q01 Q54 Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rom:merase:v:8:y:2023:i:2:p:246-255

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