All pages with keywords: risk

The climate beta

This paper examines the question of whether fighting climate change has the additional advantage of reducing the aggregate risk borne by future generations. This raises the question of the ‘climate beta’, i.e. the elasticity of climate damages with respect to a change in aggregate consumption. read more »

‘Climate value at risk’ of global financial assets

Investors and financial regulators are increasingly aware of climate change risks. So far, most of the attention has fallen on whether controls on carbon emissions will strand the … read more »

The risk of climate ruin

How large a risk is society prepared to run with the climate system? This is a question of the utmost difficulty and it admits a variety of perspectives. In this … read more »

Taking a risk on the weather

Swenja Surminski looks at how the insurance industry is having to adapt to cope with the challenges of possible climate change and highlights some of the problems it faces read more »

Does it matter what you call it? Reflections on how companies voluntarily disclose their adaptation activities

Adapting to climate change requires the engagement of a wide range of stakeholders, including the private sector. However, little is still known about if and how corporations, particularly those operating … read more »

Response to report on the impact of climate change on London’s economy

Bob Ward, Policy and Communications Director, comments on a new report published by the Economy Committee of the London Assembly. read more »

Climate Shock: It’s Not Over ’til the Fat Tail Zings

Grantham Research Institute public lecture Gernot Wagner, lead senior economist at the Environmental Defense Fund and Adjunct Associate Professor of International and Public Affairs at the Columbia School of International … read more »

Innovation, risk and government: perspectives and principles from the social sciences

The interplay between innovation and risk, and the social interactions between public and private sectors, are critical in fostering innovation and determining its effectiveness. read more »

On the relationship between personal experience, affect and risk perception: The case of climate change.

European Journal of Social Psychology, 2014. Online. Abstract Examining the conceptual relationship between personal experience, affect, and risk perception is crucial in improving our understanding of how emotional and cognitive … read more »

Flood risk and climate change implications for MSPs