No regrets definition
No regrets in this context means action that a Party would be motivated to take on its own, without the need for any external motivation, such as through a UN climate treaty.
No regrets measures under this project means measures that do not worsen vulnerabilities to climate change or which increase adaptive capacities, as well as measures that will always have positive impact on livelihoods and ecosystems regardless of how the climate changes (Rossing and Nyman 2015).
No regrets strategy means taking climate-related decisions or action that make economic good sense, whether or not a specific climate threat actually materializes in the future. McKinsey has evaluated a series of carbon sequestration or carbon emissions reduction actions to determine their cost.33 Figure 10, from their report, identifies actions that would save money and those that would not and thus would not fall within a “no regrets” policy. Here are the 11 “no regrets” actions and an additional four “small regrets” actions that fall within the $12 per ton threshold now being discussed as a cost ceiling under federal climate change legislation.
Examples of No regrets in a sentence
No regrets investments • Ensure effective climate options are identified at each FID point • Understand network operability requirements and the impact on ownership of facilities.
More Definitions of No regrets
No regrets aspect of CRM means making decisions and taking action that not only address a specific climate threat but also make sense in development terms. Even if the climate threat never materializes, the development agenda still moves forward.
No regrets means that some of the things we should be doing to adapt to climate change will be beneficial no matter what hap- pens. Such actions increase resilience and allow communities to succeed across all future climate scenarios. Finally, the “Precautionary Principle” cautions that where vulnerability is high, it is better to be safe than sorry.
No regrets means that if work has to be carried out in stages due to funding restrictions, nothing that was added has to be taken out before further improvements can be made. For instance, a gas boiler would not be installed through the funding
No regrets means taking climate-related decisions or actions and/or investments that can be justified from economic, social, and environmental perspectives whether or not a specific climate threat materializes in the future, and this is achieved by building resilience to different hazards/risks (Heltberg, Siegel, Jorgensen, 2009; Siegel, 2011).