Remove Climate Change Remove Climate Scientist Remove Stranded Assets
article thumbnail

“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

Creon Butler, Director, Global Economy and Finance Programme at think tank Chatham House, made a similar warning of a “probable sharp adjustment” this month , saying that “financial markets did not yet reflect climate risk” despite the clear severe economic and financial consequences of climate change.

article thumbnail

Beware the Green Swan

Chris Hall

Breaking with tradition Finance Watch’s latest report , released this week, underscores the stark reality of rising climate risks and calls for economic models that do not mislead, scenario analyses that prepare the market, and a new prudential tool to address the build-up of systemic climate risk.