Regional climate risk measurement: a contribution to the Peruvian economy
DOI:
https://doi.org/10.26439/ddee2025.n6.7169Keywords:
climate change, risk measurement, regional growthAbstract
Recent empirical literature recognizes that climate change is a serious threat to the growth prospects of our economy, which would seriously affect the welfare and employment of future generations. It is, therefore, important to know the extent of our exposition to the menaces of global warming. However, risk measurement indicators, such as those of Germanwatch or the University of Notre Dame, usually offer a score for a whole country, when in most cases, the damage caused by extreme weather events usually affects only smaller areas, such as a city or a region. In this sense, this paper introduces a climate risk measurement of regional scale applicable to Peru, which reveals that regions of the Andean Trapeze (Apurímac, Huancavelica, and Ayacucho) and part of the east (Loreto and Amazonas) are the most sensitive to the risk of climate change, while the coastal regions are in a relatively safer situation.
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