CASCADES researchers are examining a range of topics to help understand how climate impacts can cascade through particular sectors.
Risk overview: To understand climate impacts, it is crucial to identify vulnerabilities and causal pathways that interact and lead to second- or third-order impacts, in the short, medium and long-term.
Trade: Trade systems are major conveyors of climate risks, transmitting pressures on prices of key commodities (such as food and energy) and services and also being subject to intermittent collapse and interruptions by climate impacts.
Foreign policy, security and development: Climate impacts outside Europe are likely to affect European foreign, security and development policy through their effect on livelihoods, water, food and energy systems, security and diplomatic relations in countries with close ties to the EU and its member states
Finance: Climate change is already having huge impacts on investor portfolios and financial flows around the world. The interconnected nature of the economy and of the financial sector will continue to amplify climate risks.
European resilience: The CASCADES project will develop a multilevel governance framework to describe and support actions within Europe that build resilience to cascading climate impacts
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