Space-time clustering of climate extremes amplify global climate impacts, leading to fat-tailed risk

<p>We present evidence that the global juxtaposition of major assets relevant to the economy with the space and time expression of extreme floods or droughts leads to a much higher aggregate risk than would be expected by chance. Using a century-long, globally gridded time series that indexes...

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Bibliographic Details
Main Authors: L. Bonnafous, U. Lall
Format: Article
Language:English
Published: Copernicus Publications 2021-08-01
Series:Natural Hazards and Earth System Sciences
Online Access:https://nhess.copernicus.org/articles/21/2277/2021/nhess-21-2277-2021.pdf