Governance professionals shouldn’t get hung up on climate change as a political or social issue. Instead, they should view it as a scientific issue that manifests as risk and treat it like any other risk they deal with.
That’s the advice from Tim Nelson, associate professor at Griffith University.
He says the risk management of climate change is not about taking a view of whether the science is right or wrong. It’s about considering how the risks may emerge and how you can best manage them.
According to Nelson, climate change and climate policy manifest in two types of risks.
The first is mitigation risk — the risk that the world will change as a result of governments imposing limits on emissions of greenhouse gasses. Australia is a signatory of the Paris Agreement which aims to curb climate change by keeping the global temperature rise this century well below 2 degrees Celsius above pre-industrial levels.