Spatial Risk Assessment for Climate Proofing of Economic Activities: The Case of Belluno Province (North-East Italy)

42 Pages Posted: 11 Apr 2022

See all articles by Carlo Giupponi

Carlo Giupponi

Ca Foscari University of Venice - Dipartimento di Economia; Fondazione Eni Enrico Mattei (FEEM)

Giuliana Barbato

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Veronica Leoni

University of Bologna - CAST - Centre for Advanced Studies in Tourism

Paola Mercogliano

Fondazione CMCC

Carlo Papa

affiliation not provided to SSRN

Giovanni Valtorta

affiliation not provided to SSRN

Michele Zen

affiliation not provided to SSRN

Christian Zulberti

affiliation not provided to SSRN

Abstract

Entrepreneurs, investors and public administrations need information about climate change risks for planning and decision making. In order to move from generic global or national projections about climate change scenarios, towards a more useful information for socioeconomic agents, the three dimensions of risk (Hazard, Exposure and Vulnerability) must be quantified. This is made by means of spatial indicators, tailored to the social and ecological systems of interest and aggregated into specific risk indexes quantified in economic terms. In this work, sectoral climate risk indexes are calculated and mapped for the four most important economic sectors of the study area of the Belluno Province (NE Italy): summer tourism, winter sports and events, the eyewear industry, and the electricity supply. Results of risk assessment consist in sets of maps and statistical summaries, highlighting future trends and their spatial variability within the study area, thus offering local stakeholders quantitative elements for considering expected changes in future damages in their decisions. Providing estimations of changes of future damages by keeping constant the Exposure and Vulnerability dimensions allows socioeconomic agents to acquire simple and clear messages about how their activities could suffer or benefit from climate change in the future.

Keywords: climate proofing, economic sector, spatial model, monetary damage, Alps

Suggested Citation

Giupponi, Carlo and Barbato, Giuliana and Leoni, Veronica and Mercogliano, Paola and Papa, Carlo and Valtorta, Giovanni and Zen, Michele and Zulberti, Christian, Spatial Risk Assessment for Climate Proofing of Economic Activities: The Case of Belluno Province (North-East Italy). Available at SSRN: https://ssrn.com/abstract=4080578 or http://dx.doi.org/10.2139/ssrn.4080578

Carlo Giupponi (Contact Author)

Ca Foscari University of Venice - Dipartimento di Economia ( email )

Cannaregio 873
Venice, 30121
Italy

Fondazione Eni Enrico Mattei (FEEM) ( email )

Corso Magenta 63
20123 Milan
Italy

Giuliana Barbato

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Veronica Leoni

University of Bologna - CAST - Centre for Advanced Studies in Tourism ( email )

Paola Mercogliano

Fondazione CMCC ( email )

Via Thomas Alva Edison
Caserta, CASERTA 81055
Italy
3398057612 (Phone)
81055 (Fax)

Carlo Papa

affiliation not provided to SSRN

Giovanni Valtorta

affiliation not provided to SSRN ( email )

No Address Available

Michele Zen

affiliation not provided to SSRN ( email )

No Address Available

Christian Zulberti

affiliation not provided to SSRN ( email )

No Address Available

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