Social protection in the face of climate change: targeting principles and financing mechanisms
"Climate risk is an important driver of long-term poverty dynamics, especially in rural regions. This paper builds a dynamic, multi-generation household model of consumption, accumulation, and risk management to draw out the full consequences of exposure to climate risk. The model incorporates...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2015
World Bank |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19107001124919252839-Social-protection-in-the-face-.htm |
| _version_ | 1771659902864850947 |
|---|---|
| author | Carter, Michael R. Janzen, Sarah A. |
| author_facet | Carter, Michael R. Janzen, Sarah A. |
| collection | Library items |
| description | "Climate risk is an important driver of long-term poverty dynamics, especially in rural regions. This paper builds a dynamic, multi-generation household model of consumption, accumulation, and risk management to draw out the full consequences of exposure to climate risk. The model incorporates the long-term impacts of consumption shortfalls, induced by the optimal “asset smoothing” coping behavior of the vulnerable, on the human capital and long-term wellbeing of families. The analysis shows that the long-term level and depth of poverty can be improved by incorporating elements of “vulnerability-targeted social protection” into a conventional system of social protection. The paper also explores the degree to which vulnerability-targeted social protection can be implemented through a subsidized insurance mechanism. The analysis shows that insurance-based vulnerability-targeted social protection dominates (in economic growth and poverty reduction measures) both in-kind transfer mechanisms and vulnerability-targeted protection paid for using a public budget. The relative gains brought about by this scheme of insurance-augmented social protection increase—at least for a while—under climate change scenarios. However, if climate change becomes too severe, then even this novel form of social protection loses its ability to stabilize the extent and depth of poverty." |
| format | TEXT |
| id | 19107001124919252839_2cab4af4993c4570a704bbe1952df3be |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19107001124919252839_2cab4af4993c4570a704bbe1952df3be |
| is_hierarchy_title | Social protection in the face of climate change: targeting principles and financing mechanisms |
| language | English |
| physical | 30 p. Digital |
| publishDate | 2015 |
| publisher | Washington, DC World Bank |
| spellingShingle | Carter, Michael R. Janzen, Sarah A. climate change poverty social protection Social protection in the face of climate change: targeting principles and financing mechanisms |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=107235792541 |
| title | Social protection in the face of climate change: targeting principles and financing mechanisms |
| topic | climate change poverty social protection |
| url | https://www.labourline.org/KENTIKA-19107001124919252839-Social-protection-in-the-face-.htm |