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This report and brief provide improved estimates of the likely economic damages from climate change to the UK, highlighting where the greatest risks and need for adaptation are. These are translated into loss of socioeconomic welfare and reported as an equivalent loss of the UK’s GDP under two different policy scenarios – one in which current policies continue and another in which strong mitigation policies are put in place. Read more

This paper reviews the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and their application by central banks to date. It also considers potential enhancements for central banks’ climate disclosures and their possible implications for the wider financial system. Read more

The UK Climate Assembly’s recent report has revealed appetite among the public for an increase in the pace and scale of action to reach net-zero. Beyond the wide range of recommendations put forward by the Assembly, much can be learnt too from the process itself, argues Sophie Dicker. Read more

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