missing risks Archives - Grantham Research Institute on climate change and the environment

Researchers warn that world leaders are being misled by economic assessments of future climate change impacts

Press release on 20 September, 2019

An international group of researchers today (20 September 2019) warn that policymakers have been receiving economic assessments of future climate... Read more

The missing economic risks in assessments of climate change impacts

Policy publication

by Ruth DeFries, Ottmar Edenhofer, Alex Halliday, Geoffrey Heal, Timothy Lenton, Michael Puma, James Rising, Johan Rockström, Alex C. Ruane, Hans Joachim Schellnhuber, David Stainforth, Nicholas Stern, Marco Tedesco and Bob Ward

on 20 September, 2019

Economic assessments of the potential future risks of climate change have been omitting or grossly underestimating many of the most serious consequences for lives and livelihoods because these risks are difficult to quantify precisely and lie outside of human experience. This policy insight identifies and draws attention to these 'missing risks' and discusses how populations might fare in light of their potential to adapt in the face of these risks. Read more