Policy, governance and institutions for reducing and managing losses and damages - decision making under uncertainty

This chapter examines the role of policy, governance and institutions in reducing and managing current and future risks of losses and damages from climate change. It first examines approaches to decision making under uncertainty. This is followed by a discussion of approaches to address the components of climate risks (hazards, exposure and vulnerability) before exploring the role of institutions, governance and norms. The final section focuses on the implications of sea-level rise on policy priorities and decision-making processes in Small Island Developing States