TRANSrisk is a research project funded by the EU Horizon 2020 Research and Innovation programme under grant agreement 642260.
TRANSrisk aims to create a framework in which risks and uncertainties are integral to the assessment of how climate change mitigation and adaptation affects the overall economic, social and environmental well-being of society. It will also assess the interlinkages between climate change mitigation and adaptation pathways and uncertainty, as well as generate mitigation and adaptation scenarios. These scenarios will help further our understanding of the challenges, the interrelations between actors and/or sectors, as well as the feasible options for low-carbon pathways. The geographical scope of the project is wide: the European Union, emerging countries and the broader global level.
The project will help policymakers by providing robust estimates of the costs and risks associated with climate change as well as of the costs, benefits and other effects of actions that may limit, stop or reverse the magnitude and/or rate of long-term climate change. In addition, it will offer ways to devise policies that are robust against uncertainty: those that engage multiple stakeholders, and acknowledge that there is no single ‘optimal’ pathway to mitigate or adapt to climate change.
The project involves 12 partner organisations active across Europe, Africa, Asia and Latin America. The partnership is led by SPRU at the University of Sussex (UK).
Duration: 01/09/2015 to 31/08/2018