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Law, Policy and Climate Change - The Regulation of Systemic Risks (Hardcover)
Loot Price: R4,085
Discovery Miles 40 850
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Law, Policy and Climate Change - The Regulation of Systemic Risks (Hardcover)
Expected to ship within 12 - 17 working days
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Focusing on systemic risks caused by climate change, this book
examines how these risks can be effectively regulated to ensure
resilience and avoid catastrophe. Systemic risks are risks that
threaten the systems upon which society depends, including
ecosystems, social systems, financial systems, and systems of
infrastructure. Such risks are typically characterised by inherent
complexity, profound uncertainty, and overwhelming ambiguity. In
combination, these features pose significant regulatory challenges
for policy and law-makers. Examining how different types of
systemic risks caused by climate change are being regulated in four
different jurisdictions - the EU, the UK, the US and Australia -
this book identifies deficiencies associated with regulating
systemic risks using a traditional approach, based on a linear
relationship between risk and regulation, which is widely used to
regulate risk. The book advances a regulatory approach that is,
instead, founded on the concept of "risk governance". This involves
a structured yet flexible, holistic, interdisciplinary and
inclusive basis for responding to systemic risks; and it is, this
book argues, a more effective basis for regulating systemic risks
given their uncertainty, complexity and ambiguity. This book will
appeal to academics, policy and law-makers and practitioners
working at the intersection of law and policy in the areas of
regulation, risk management and climate change.
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