Climate Risk Economics
@climateeconomics.bsky.social
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Science, analysis, and news around climate change's impacts on the economy, focusing on growth, inflation, investment, companies, consumers #ClimateRisk #ClimateImpacts
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climateeconomics.bsky.social
A stark warning from insurance giant Allianz:

"We are fast approaching warming levels where insurers won't be able to offer coverage for many climate risks. The premiums required exceed what people or companies can pay. This is already happening"...

www.linkedin.com/pulse/climat...
Climate, Risk, Insurance: The Future of Capitalism
CO₂ emissions directly increase the amount of energy trapped in the Earth’s atmosphere. This is not a vague or future issue—it is physical reality.
www.linkedin.com
climateeconomics.bsky.social
How boards can use insurance to fully manage climate risk

Boards must treat it as a lever to incentivize resilience and drive adaptation investment, eg, understand how housing, transport, supply chains & resources intersect with business continuity www.weforum.org/stories/2025...
How boards can use insurance to fully manage climate risk
As shocks become more systemic, company boards need new ways to manage climate risk, but common insurance assumptions can create blind spots for some.
www.weforum.org
climateeconomics.bsky.social
Over half of global business leaders say their organization is prepared for the impacts of climate change, ie, "we have a plan"

“But the real test is whether those plans translate into decisions, investments, and operational resilience"...

www.forbes.com/sites/felici...
Why Most CEOs Are Wrong About The Climate Readiness Gap
Executives say they’re ready for climate disruption, but data reveal a costly gap between confidence and capability — and a business world mistaking plans for resilience.
www.forbes.com
Reposted by Climate Risk Economics
peterdutoit.com
"Disasters are becoming more frequent, more costly, and more devastating. While direct disaster costs have grown to approx. $202B annually, the Disaster Risk Reduction report 2025 estimates that the true cost, is 11 times higher at nearly $2.3T."

This should be the theme every day of the year!
climateeconomics.bsky.social
Shouldn’t polluters, not taxpayers, pay for disaster assistance?

"climate change could erase $1.4 trillion in U.S. real estate value over the next three decades"...

thehill.com/opinion/ener...
thehill.com
climateeconomics.bsky.social
Climate investment is the only growth opportunity of the 21st century

“The world desperately needs to increase the rate of growth, and low-carbon is the only feasible longer-run growth on offer; high-carbon growth self-destructs”, warns Sir Nicholas Stern
www.theguardian.com/environment/...
Climate investment is only growth opportunity of 21st century, says leading economist
Lord Stern says fossil-fuelled growth is futile as the damage it causes ends in economic self-destruction
www.theguardian.com
Reposted by Climate Risk Economics
climateeconomics.bsky.social
"Some towns may have to be abandoned": in England, the number of properties at risk from flooding is set to increase from 6.3 to 8 million, with the number of properties in high-risk areas for flash flooding likely to increase by up to 66% by mid-century
www.theguardian.com/environment/...
Towns may have to be abandoned due to floods with millions more homes in Great Britain at risk
Every constituency projected to be at greater risk, with many areas likely to be uninsurable, Guardian investigation finds
www.theguardian.com
climateeconomics.bsky.social
This is not exactly at city level, rather at a small region-level (NUTS3 in EU parlance), but the qualitative analysis may be useful:

www.ecb.europa.eu/pub/pdf/scpw...
www.ecb.europa.eu
climateeconomics.bsky.social
"Recent developments in the insurance industry suggest Thallinger’s concern (expressed in post below) is widely shared. As long as policymakers fail to act on the signals they’re sending, insurers’ ability to tackle this problem will be limited"

www.ft.com/content/5e0b...
Reposted by Climate Risk Economics
thierryaaron.bsky.social
"Scientists warn that if current trends in sea level rise continue, more than 45% of the Delta could be submerged within decades, displacing millions and jeopardising Vietnam’s food security"

#Vietnam 🇻🇳
#ClimateEmergency
The Mekong Delta’s climate defences are failing
Infrastructure projects to keep out seawater have been plagued by failures. Experts say Vietnam must shift from hard fixes to nature-based solutions
dialogue.earth
climateeconomics.bsky.social
very thoughtful piece, thanks for sharing!

Quick note, FWIW, that in France at least, high school students are still supposed to have read a number of novels each year (and most do, it seems)
climateeconomics.bsky.social
yes - and "social macro" is a powerful channel for "derailment risk"
climateeconomics.bsky.social
Climate critics try to discredit IPCC author for linking disasters to global warming

Roger Pielke Jr. and oil industry supporters are attacking climate scientist Friederike Otto, whose work has been used in lawsuits against polluters.

www.eenews.net/articles/cli...
climateeconomics.bsky.social
#Climaterisk: Japan’s largest non-life insurer is betting its acquisition of an engineering consultancy that specialises in natural disaster mitigation can help keep customers’ expenses in check as climate change raises recovery costs
www.ft.com/content/e2f9...
Japan’s top insurer bets on engineering acquisition to mitigate climate risk
Tokio Marine’s purchase of design consultancy part of push to rein in clients’ costs as weather patterns change
www.ft.com