The Parties to the United Nations Framework Convention on Climate Change (UNFCCC) are contemplating a range of goals for
limiting the rise in global average temperature that is resulting from
rising concentrations of greenhouse gases in the atmosphere.
Whatever temperature goal is eventually agreed by the Parties, its
achievement will depend on the extent to which global emissions
of greenho

This policy brief examines how much global emissions of
greenhouse gases will have to fall from present levels to create a reasonable chance (i.e. a 50 per cent probability) of avoiding a rise in global average temperature of more than 2

This paper is an initial attempt to consider the role in adaptation of insurance and related risk sharing and risk transfer methods, in the context of a comprehensive approach to risk reduction and risk management.