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conferenceseries
.com
Volume 8, Issue 8 (Suppl)
J Earth Sci Clim Change
ISSN: 2157-7617 JESCC, an open access journal
Earth Science Congress 2017
September 18-19, 2017
September 18-19, 2017 Hong Kong
6
th
International Conference on
Earth Science and Climate Change
Economic evaluation of climate change impacts: Extreme weather events
Yuri Yevdokimov
University of New Brunswick, Canada
E
xtreme weather events such as floods, storm surges, hurricanes, snowstorms, thunderstorms, tornados, droughts, heat/
cold waves and others are among the most pronounced impacts of climate change. It is a commonly accepted knowledge
that frequency of extreme weather events is increasing due to climate change which causes an increasing monetary damage to
economic systems. In this study, extreme weather events are classified and their major attributes are discussed. Accordingly
various statistical techniques to derive relationships between those events and their attributes are reviewed. As well, various
methodologies to estimate economic impact from extreme weather events are analyzed in terms of their strengths and
weaknesses. Main goal of this study is to design a model that connects economic monetary loss from extreme weather events
due to climate change to its attributes in order to be able to predict future losses and to find the threshold for investments in
mitigation and adaptation measures.
Biography
Yuri Yevdokimov is a Professor at the University of New Brunswick, Fredericton, Canada. He has completed his degrees in Economics and Engineering. He holds
a joint appointment in the Departments of Economics and Civil Engineering. His research interests lie in the field of sustainable development and climate change
impacts particularly sustainable transportation and climate change impacts on regional economy. His work has been published in academic journals and conference
proceedings. He has more than 20 publications, one monograph, three textbooks, 15 refereed journal articles and nine chapters in books are among these
publications. Currently he teaches in undergraduate and graduate programs in Economics and Civil Engineering at the University of New Brunswick and conducts
research in the areas of climate change impacts on transportation, energy economics and political economy of emerging economies.
yuri@unb.caYuri Yevdokimov, J Earth Sci Clim Change 2017, 8:8 (Suppl)
DOI: 10.4172/2157-7617-C1-030