Wednesday, March 21, 2018

Scientific Publication in Environmental Economy

Dr. Nathalie Hilmi has coordinated a special issue of the journal "Region et Developpement" about "Territories inequally facing environmental challenges".

This free-access journal, published by L'Harmattan, is devoted to the different economic aspects of regional development. This special issue offers a series of economic analyzes of environmental threats at different territorial scales, from the international to the local level. Six articles are presented by Dr. Nathalie Hilmi in an introduction. This journal is the fruit of a continuous collaboration between the theme "environmental economics" of the CSM and Professor Emeritus Maurice Catin of the University of Toulon.

Collaboration between environmental economics and Polar biology

One of the articles is co-authored by Dr. Nathalie Hilmi, Dr. Victor Planas-Bielsa and external French and American collaborators, and deals with "The acidification of the oceans in the Middle East and North Africa".

Abstract - After examining the current state of knowledge about ocean acidification in Middle East and North African (MENA) countries, we model the socio-economic impacts of disasters, ocean acidification and ecological risk. We use Extreme Value Theory and Peak Over Threshold concept to define the critical threshold point for ocean pH value as an Ornstein-Uhlenbeck process, initially with Gaussian noise. We define the benchmark pH based on time series observations which exhibit moderate to large variations and use Mon-te Carlo simulations and also model non-Gaussian cases to examine the probability of disasters.

This modelling approach allow us to better quantify the risk of acidification related natural disasters, and foresee and intensification of such extreme events in the near future, even in a scenatio of slow acidification rate.

Theoretically, zero CO2 emissions seems ideal. But it is not economically viable at the global level. That is why adaptation solutions should be local and mitigation should be implemented at global scale. As economies are mostly driven by private sector, the latter must be considered as an important stakeholder for the process of determining adaptive solutions.

 

Hilmi, N., Safa, A., Planas-Bielsa, V., Kadmiri, Y., & Cinar, M. (2017). Ocean acidification in the Middle East and North African region. Region et Developpement 46: 43-57.

 

 For more information, www.centrescientifique.mcwww.regionetdeveloppement.org or contact :

- Dr Nathalie Hilmi, Section head "Environmental economics" at Scientific Centre of Monaco (hilmi@centrescientifique.mc)

- Dr Victor Planas-BielsaResearch fellow CSM / LIA BIOSENSIB (victor.planas@centrescientifique.mc)

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