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金融安定と気候関連金融リスクに関する研究を進める

  • 0William Pizer is the president and chief executive officer of Resources for the Future, Washington, DC, USA.
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Global Climate Change 01:50

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Throughout its ~4.5 billion year history, the Earth has experienced periods of warming and cooling. However, the current drastic increase in global temperatures is well outside of the Earth’s cyclic norms, and evidence for human-caused global climate change is compelling. Paleoclimatology, the study of ancient climate conditions, provides ample evidence for human-caused global climate change by comparing recent conditions with those in the past.

Past Periods of Warming and Cooling

In...

What is Climate? 01:16

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Climate refers to the prevailing weather conditions in a specific area over an extended period. As the saying goes, “Climate is what you expect. Weather is what you get.” Climate is influenced by geographic factors, such as latitude, terrain, and proximity to bodies of water.

Weather and Climate

Weather and climate are related, though they differ in terms of time scale and predictability. Weather refers to the state of the atmosphere at a specific time and place, whereas climate...

Adaptations that Reduce Water Loss 01:57

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Though evaporation from plant leaves drives transpiration, it also results in loss of water. Because water is critical for photosynthetic reactions and other cellular processes, evolutionary pressures on plants in different environments have driven the acquisition of adaptations that reduce water loss.

In land plants, the uppermost cell layer of a plant leaf, called the epidermis, is coated with a waxy substance called the cuticle. This hydrophobic layer is composed of the polymer cutin and...

Actuarial Approach 01:20

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The actuarial approach, a statistical method originally developed for life insurance risk assessment, is widely used to calculate survival rates in clinical and population studies. This method accounts for participants lost to follow-up or those who die from causes unrelated to the study, ensuring a more accurate representation of survival probabilities.
Consider the example of a high-risk surgical procedure with significant early-stage mortality. A two-year clinical study is conducted,...

Design Example: Analyzing Capacity Contours for Flood Risk Assessment 01:17

272

Flood risk assessment involves careful planning and analysis to ensure the safety of communities near water retention structures. Capacity contours are a vital tool in this process, as they illustrate the potential spread of water at specific levels in a given area. In the context of building a bund across a small valley, these contours play a critical role in evaluating the safety of nearby residential areas.In this example, the bund is intended to store stormwater in the valley. The engineers...

Strategies for Assessing and Addressing Confounding 01:25

345

Confounding is a critical issue in epidemiological studies, often leading to misleading conclusions about associations between exposures and outcomes. It occurs when the relationship between the exposure and the outcome is mixed with the effects of other factors that influence the outcome. Given that, addressing confounding is of high importance for drawing accurate inferences in research.
Confounding can be addressed at both the design phase of a study and through analytical methods after data...