Composite risk index for designing smart climate and energy policies

This study presents an innovative model for a comprehensive, in-depth risk assessment of climate and energy policies. A risk matrix framework combined with a composite index methodology is applied to produce a risk index composed of 24 risk indicators grouped into six main risk categories - politica...

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Autores principales:	Kristiāna Dolge, Dagnija Blumberga
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Risk assessment Risk matrix Risk index Decision-making Policy evaluation Climate policies Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/fe601c5a1bee40dead4ef663ca9fe1b2
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spelling	oai:doaj.org-article:fe601c5a1bee40dead4ef663ca9fe1b22021-11-26T04:40:11ZComposite risk index for designing smart climate and energy policies2665-972710.1016/j.indic.2021.100159https://doaj.org/article/fe601c5a1bee40dead4ef663ca9fe1b22021-12-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S266597272100060Xhttps://doaj.org/toc/2665-9727This study presents an innovative model for a comprehensive, in-depth risk assessment of climate and energy policies. A risk matrix framework combined with a composite index methodology is applied to produce a risk index composed of 24 risk indicators grouped into six main risk categories - political, technical, economic, environmental, social and administrative. The model was applied to assess five different climate policy instruments, using both an ex-post and ex-ante assessment. The results highlight the critical risk factors for each policy instrument and identify existing policy vulnerabilities that require immediate mitigation action. The model could be used for decision-making at all levels of government and serve as a valuable tool for designing sustainable and successful environmental policies.Kristiāna DolgeDagnija BlumbergaElsevierarticleRisk assessmentRisk matrixRisk indexDecision-makingPolicy evaluationClimate policiesEnvironmental sciencesGE1-350ENEnvironmental and Sustainability Indicators, Vol 12, Iss , Pp 100159- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Risk assessment Risk matrix Risk index Decision-making Policy evaluation Climate policies Environmental sciences GE1-350
spellingShingle	Risk assessment Risk matrix Risk index Decision-making Policy evaluation Climate policies Environmental sciences GE1-350 Kristiāna Dolge Dagnija Blumberga Composite risk index for designing smart climate and energy policies
description	This study presents an innovative model for a comprehensive, in-depth risk assessment of climate and energy policies. A risk matrix framework combined with a composite index methodology is applied to produce a risk index composed of 24 risk indicators grouped into six main risk categories - political, technical, economic, environmental, social and administrative. The model was applied to assess five different climate policy instruments, using both an ex-post and ex-ante assessment. The results highlight the critical risk factors for each policy instrument and identify existing policy vulnerabilities that require immediate mitigation action. The model could be used for decision-making at all levels of government and serve as a valuable tool for designing sustainable and successful environmental policies.
format	article
author	Kristiāna Dolge Dagnija Blumberga
author_facet	Kristiāna Dolge Dagnija Blumberga
author_sort	Kristiāna Dolge
title	Composite risk index for designing smart climate and energy policies
title_short	Composite risk index for designing smart climate and energy policies
title_full	Composite risk index for designing smart climate and energy policies
title_fullStr	Composite risk index for designing smart climate and energy policies
title_full_unstemmed	Composite risk index for designing smart climate and energy policies
title_sort	composite risk index for designing smart climate and energy policies
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/fe601c5a1bee40dead4ef663ca9fe1b2
work_keys_str_mv	AT kristianadolge compositeriskindexfordesigningsmartclimateandenergypolicies AT dagnijablumberga compositeriskindexfordesigningsmartclimateandenergypolicies
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Composite risk index for designing smart climate and energy policies

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