Publications

The Economics of Planetary Security

The Economics of Planetary Security

05

DEC

2016

In the face of a rapidly-changing geopolitical landscape, contemporary perspectives on security have drastically changed in reaction to new conflict factors that have arisen out of, and are related to, unpredictable patterns of climate change. Already, in both the short and long term future, it is increasingly likely that conflict will result from a multitude of such stress factors. Environmental stress, stress caused by climate change in particular, is only one of these factors. Nonetheless, in light of its diverse and multiplier impacts, it remains an important one.

 

This report, intended for policy makers and business professionals, examines the economic aspects of the relatively under-explored concept of planetary security. Planetary security refers to the role of the environment in geopolitical risks and conflicts. The report evaluates the vulnerabilities and resilience of countries to environmentally induced conflict. It first discusses the concept of planetary security and the role of economics therein, and then builds a quantitative framework and monitor capturing the vulnerabilities and resilience of different countries.

 

The monitor is innovative in its inclusion of a variety of security risks related to the transition to a low carbon economy: Conflict Vulnerability, Climate Change Vulnerability, Low Carbon Risk and Economic Resilience. These layers are combined to create a Consolidated Risk Layer and a Consolidated Resilience Layer, in order to provide insight into how resilience to the above vulnerabilities could be bolstered.

 

The monitor and accompanying report, have been produced by The Hague Centre for Strategic Studies (HCSS) and Clingendael Institute as a key input to the Planetary Security Initiative conference, which took place in The Hague, the Netherlands on December 5 and 6, supported by the Dutch Ministry of Foreign Affairs. To access the Planetary Security Monitor click here. To download the report, please click on the button on the right.

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