Ocean acidificationOcean acidification is the decrease in the pH of the Earth's ocean. Between 1950 and 2020, the average pH of the ocean surface fell from approximately 8.15 to 8.05. Carbon dioxide emissions from human activities are the primary cause of ocean acidification, with atmospheric carbon dioxide (CO2) levels exceeding 410 ppm (in 2020). CO2 from the atmosphere is absorbed by the oceans. This produces carbonic acid (H2CO3) which dissociates into a bicarbonate ion () and a hydrogen ion (H+).
RiskIn simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is "effect of uncertainty on objectives".
Total organic carbonTotal organic carbon (TOC) is an analytical parameter representing the concentration of organic carbon in a sample. TOC determinations are made in a variety of application areas. For example, TOC may be used as a non-specific indicator of water quality, or TOC of source rock may be used as one factor in evaluating a petroleum play. For marine surface sediments average TOC content is 0.5% in the deep ocean, and 2% along the eastern margins.
Water columnThe (oceanic) water column is a concept used in oceanography to describe the physical (temperature, salinity, light penetration) and chemical (pH, dissolved oxygen, nutrient salts) characteristics of seawater at different depths for a defined geographical point. Generally, vertical profiles are made of temperature, salinity, chemical parameters at a defined point along the water column.
Lake NyosLake Nyos (ˈniːoʊs ) is a crater lake in the Northwest Region of Cameroon, located about northwest of Yaoundé, the capital. Nyos is a deep lake high on the flank of an inactive volcano in the Oku volcanic plain along the Cameroon line of volcanic activity. A volcanic dam impounds the lake waters. A pocket of magma lies beneath the lake and leaks carbon dioxide () into the water, changing it into carbonic acid.
Market riskMarket risk is the risk of losses in positions arising from movements in market variables like prices and volatility. There is no unique classification as each classification may refer to different aspects of market risk. Nevertheless, the most commonly used types of market risk are: Equity risk, the risk that stock or stock indices (e.g. Euro Stoxx 50, etc.) prices or their implied volatility will change. Interest rate risk, the risk that interest rates (e.g. Libor, Euribor, etc.) or their implied volatility will change.
Financial riskFinancial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent. A science has evolved around managing market and financial risk under the general title of modern portfolio theory initiated by Harry Markowitz in 1952 with his article, "Portfolio Selection".
Risk managementRisk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.
Risk assessmentRisk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyses potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).
Limnic eruptionA limnic eruption, also known as a lake overturn, is a very rare type of natural disaster in which dissolved carbon dioxide () suddenly erupts from deep lake waters, forming a gas cloud capable of suffocating wildlife, livestock,and humans. A limnic eruption may also cause tsunami or seiche as the rising displaces water. Scientists believe earthquakes, volcanic activity, and other explosive events can serve as triggers for limnic eruptions. Lakes in which such activity occurs are referred to as limnically active lakes or exploding lakes.
