There's a lot of work going on among investors & in banking, insurance etc to try and figure out how to manage "climate risk" in, say, a pension portfolio investment (or a loan book or in underwriting).
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Replying to @kmac
Oooh! Please say more. Endlessly curious about how the financial sector is dealing with climate. More and more, they're worried. VERY WORRIED.
1 reply 1 retweet 9 likes -
Rebecca Burnell 🌍 Retweeted Jim Baird
This showed up 2 Tweets below yours in my feed:https://twitter.com/JimBair62221006/status/1158914113113862144?s=19 …
Rebecca Burnell 🌍 added,
1 reply 1 retweet 4 likes -
Emily Cunningham Retweeted Emily Cunningham
Some tweets about insurers and climate:https://twitter.com/emahlee/status/1081097826002554880 …
Emily Cunningham added,
Emily Cunningham @emahleeInsurance employee on coastal flooding: “We can offer protection for hurricane losses or flood losses or other perils, but if certain coastal areas are so exposed, insurance becomes no longer viable. It becomes even uninsurable.” https://www.wsj.com/graphics/climate-change-forcing-insurance-industry-recalculate/?mod=article_inline …Show this thread1 reply 1 retweet 3 likes -
Replying to @emahlee @fluids_guru and
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
Emily Cunningham @emahleeSpeaking of the brittleness bubble, the WSJ also recently did a piece on the insurance industry and climate change. "if certain coastal areas are so exposed, insurance becomes no longer viable. It becomes even uninsurable.” Thread: https://twitter.com/emahlee/status/1081090678459752448 … https://twitter.com/AlexSteffen/status/1083543660996640768 …1 reply 0 retweets 3 likes
Emily Cunningham Retweeted Emily Cunningham
Emily Cunningham added,
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Back in 2013 at the Australian Academy of Science
@Sir_David_King (ex-UK chief scientist) used the phrase 'managed retreat' when discussing impacts of sea level rise - see https://www.youtube.com/watch?v=m4xN8uRYLVI&list=PL9DfJTxCPaXKzBkMLLcnb5XM8mz5lx1Pr …#ClimateEmergency0 replies 1 retweet 3 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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