• The Most Dangerous Study in Climate Economics: What Are We Missing?

  • Nov 2 2024
  • Length: 21 mins
  • Podcast

The Most Dangerous Study in Climate Economics: What Are We Missing?

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  • Summary

  • With our guest Sandy Trust, a distinguished actuary in the UK who sits on the council of of the IFOA based in the UK, we continue the conversation about the intersection of climate change and risk management.

    In this episode, we cover,

    The Flawed Methodologies in Climate Risk Assessment

    -The Problem with Historical Data

    -The Danger of Peer-Reviewed Misinterpretations

    -Psychological and Communication Barriers

    -The Importance of Updated Models

    -Historical Context and Lessons Learned

    Further reading:

    2022 - Tipping points with Sir David King (CCAG) – climate change is a risk mgt problem, tipping points change everything

    2023 - Emperor’s New Scenarios with Tim Lenton (Exeter) – climate change scenario analysis is understating risk, we need to work backwards from ruin

    2024 - Climate Scorpion – the sting is in the tail with Tim Lenton (Exeter) – warming is accelerating, and the climate may be much more sensitive than we think to GHGs

    The 5Cs podcast, book and community are about shining a light on a better path. Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman on LinkedIn and here. Consider subscribing for more thoughts from the 5Cs on Substack.
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