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The research has had significant impact on the design and implementation of public-private partnerships at the international level (theme 1). It has led to new professional groups within the finance sector (theme 2). In particular research has directly influenced the investments of the International Climate Fund (£2.9 billion) set up by the UK Government; the Little Rock Accord signed in December 2012, with the Club de Madrid group of former world leaders; credit rating analysis of energy and water utilities by Standard & Poor's; and a new Board in the UK Institute and Faculty of Actuaries. Collectively these groups influence substantial capital flows into climate and resource solutions globally.
The United Kingdom is today better adapted to climate risks as a result of a sustained programme of research completed by the School into the impacts of climate change on ecological, social and infrastructural systems. This work has had significant and continuing impact on the design and implementation of UK (and international) climate adaptation strategies and policies, especially with regard to flooding, the built environment and water and coastal management. Decision-support tools (such as climate scenarios and options appraisal) and direct policy advice produced by the School have been used by numerous public and private sector organisations to inform and guide their adaptation strategies and investments.
Significant climate change is forecast for the Middle East by the end of this century, leading to — amongst other things — greater water scarcity and falling agricultural productivity. LSE research resulted in the development of the Palestinian Authority's first climate change adaptation strategy. This in turn led to the creation of a Palestinian national committee on climate change and, with the implementation of specific recommendations from this research, the strengthening of climate change planning within the Palestinian Authority. The research also shifted regional priorities for the United Nations Development Programme (UNDP), which subsequently included climate change in its 2011-2013 Strategic Framework as a policy priority for development work in the occupied Palestinian territory.
Hope's research in developing the PAGE2002 model of climate change has been used extensively by government agencies in the UK and US, as well as the IMF and the international community in order to improve their calculations for global carbon emissions and setting carbon emissions targets. The model was used in the UK government's Eliasch Review, in order to calculate the costs and benefits of actions to reduce global deforestation; by the US Environmental Protection Agency, in order to calculate the marginal impact of one tonne of CO2 emissions; and the IMF, whose calculations using the PAGE2002 model form the basis for their guidance on carbon pricing.
A comparative methodology to assess the impact of climate change in different countries, implemented by Gosling for a report commissioned by the UK Department of Energy and Climate Change (DECC), informed EU negotiations at the 2011 UN climate change conference in Durban, South Africa. The conference concluded with the Durban Platform for Enhanced Action - a `road map' by which global legal agreement on climate change is to be implemented no later than 2015. For the first time, government ministers and their advisers attending an international conference were able to compare the impact of climate change in different countries, including those where scientific institutions have limited research capacity.
The US government's announcement of an increase in the `social cost of carbon' (SCC) from $24 to $38 a tonne has been made on the basis of research by Richard Tol, of the University of Sussex. Regulation based on the new SCC (a measure of the damage of releasing an additional tonne of carbon into the atmosphere) initially applies to microwave ovens, where it is anticipated to save US consumers billions on their energy bills over coming decades and prevent 38 million tonnes of CO2 emissions. From June 2013, the new SCC applies to any new or revised regulation by any branch of the US government and will eventually affect a wide range of products and investments, including cars, white goods and power plants.
Tol, who works as an adviser to the US Environmental Protection Agency (EPA), has been instrumental in helping the agency to understand the economic impacts of climate change and the methods and assumptions that underpin SCC estimates. The US government's estimates of the SCC are widely used by other decision-makers in the private sector, banks and NGOs and in other countries.
Research by Professor Wilby since 1993 has led to the development of regional climate modelling techniques, climate risk assessment frameworks, and adaptation planning approaches for long- lived water and energy infrastructure. Benefits were delivered through public domain software, practitioner training, and technical advice to policy-makers. This case study provides examples of impact conveyed via these services to national and international agencies, non-governmental organisations and commercial partners who are formulating strategies to manage exposure of their portfolios to climate risks. The work helped build technical capacities in climate risk management and adaptation options appraisal, particularly in vulnerable parts of Asia and the Middle East.
LSE philosophers have encouraged the Dutch Government to approach sustainability and climate change through experimenting with behavioural policies (rather than through regulation and taxation) and through scenario-based planning (rather than through probabilistic approaches). LSE research on behavioral policies is reflected in a key recommendation to Government by the Dutch Council for the Environment and Infrastructure (RLI) which has affected the way in which behavioural policies concerning sustainability enter the public debate in the Netherlands. LSE research on scenario-based planning is reflected in the Royal Netherlands Meteorological Institute [KNMI] Advisory Board Report entitled "Towards the KNMI's13 Scenarios". The Delta Programme, which is geared towards climate change adaptation (flooding and freshwater) in the Dutch lowlands, has incorporated this scenario-based approach in their planning.
Information on the potential impacts of climate change across the world, and on the effects of policies designed to reduce emissions, is fundamental to inform the development of climate mitigation and adaptation policy. Research conducted at the Unit has been critical to the establishment of a target 80% cut in UK carbon emissions by 2050, as enforced by the Climate Change Act (2008), and provided an affirmation of the relevance of the 2f0b0C global mean temperature rise target central to national and international climate mitigation policy. Research into the global consequences of climate change, particularly for water resources and river flooding, has been used by the Department for Energy and Climate Change (DECC) to assess the impacts of un-mitigated climate change and the effects of different mitigation policy options.
Lived experiences of ordinary people and how they rationalise events provides rich insights for several disciplines e.g. medicine. With climate change, whilst the value of anthropogenic activity is increasingly recognised, models based on positivist scientific rationality still dominate. What is yet unclear is how a global citizenery understands climate change through its own individual and group "lived experiences". This research is significant in that it seeks to conceptualise and theorise what is meant by the "lived experience" of climate change and how this shapes the "lay rationality" and actions of people in both the developed and the developing world.