The dependence of wintertime Mediterranean precipitation on the atmospheric circulation response to climate change

Climate models indicate a future wintertime precipitation reduction in the Mediterranean region but there is large uncertainty in the amplitude of the projected change. We analyse CMIP5 climate model output to quantify the role of atmospheric circulation in the Mediterranean precipitation change. It is found that a simple circulation index, i.e. the 850 hPa zonal wind (U850) in North Africa, well describes the year to year fluctuations in the area-averaged Mediterranean precipitation, with positive (i.e. westerly) U850 anomalies in North Africa being associated with positive precipitation anomalies. Under climate change, U850 in North Africa and the Mediterranean precipitation are both projected to decrease consistently with the relationship found in the inter-annual variability. This enables us to estimate that about 85% of the CMIP5 mean precipitation response and 80% of the variance in the inter-model spread are related to changes in the atmospheric circulation. In contrast, there is no significant correlation between the mean precipitation response and the global-mean surface warming across the models. It follows that the uncertainty in cold-season Mediterranean precipitation projection will not be narrowed unless the uncertainty in the atmospheric circulation response is reduced.

The drivers of corporate climate change strategies and public policy: a new resource-based view perspective

Effective public policy to mitigate climate change footprints should build on data-driven analysis of firm-level strategies. This article’s conceptual approach augments the resource-based view (RBV) of the firm and identifies investments in four firm-level resource domains (Governance, Information management, Systems, and Technology [GISTe]) to develop capabilities in climate change impact mitigation. The authors denote the resulting framework as the GISTe model, which frames their analysis and public policy recommendations. This research uses the 2008 Carbon Disclosure Project (CDP) database, with high-quality information on firm-level climate change strategies for 552 companies from North America and Europe. In contrast to the widely accepted myth that European firms are performing better than North American ones, the authors find a different result. Many firms, whether European or North American, do not just “talk” about climate change impact mitigation, but actually do “walk the talk.” European firms appear to be better than their North American counterparts in “walk I,” denoting attention to governance, information management, and systems. But when it comes down to “walk II,” meaning actual Technology-related investments, North American firms’ performance is equal or superior to that of the European companies. The authors formulate public policy recommendations to accelerate firm-level, sector-level, and cluster-level implementation of climate change strategies.