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Beware the Green Swan

Chris Hall

Thierry Philipponnat, Chief Economist at Finance Watch, warns that economic modelling must evolve to prompt policymakers to take action on climate. The paper explained that “traditional backward-looking risk assessments” could not accurately anticipate climate-related risks, including green swans.

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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

Some actuaries are arguing that “narrative scenarios” – qualitative information to accompany the quantitative data to provide context around climate-related metrics – would help.

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One year on: Impacts of a landmark legal opinion on climate change

Eco-Business

They are also driving legal battles to force action against climate change. link] Copy By Isabella Kaminski, Dialogue Earth 7 minute read June 6, 2025 The city of Hamburg lies on the banks of the River Elbe in Germany, its busy port one of Europe’s most important gateways to the North Sea and beyond. Climate 14. Inequality 11.

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Janet Yellen on financing a sustainable future

GreenBiz

Climate scientists have unambiguously told us how to avoid the grimmest consequences of climate change: achieve net-zero emissions by 2050. And the Paris Agreement has given us a roadmap to get there through ambitious Nationally Determined Contributions.

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How climate risk disclosure became a battleground for the clean economy

Corporate Knights

Opponents see it as red tape and a constraint on competitiveness, while many climate campaigners say its the bare minimum. The shift began with the Paris Agreement in 2015, when the Task Force on Climate-Related Financial Disclosures (TCFD) was created. Keep going when you get to the end.

Banking 165
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The war of words over climate change

Corporate Knights

Mark Hertsgaard, co-founder, Covering Climate Now Too often, climate change coverage is locked in scientific abstractions, such as 1.5 Most people dont know about the Paris Agreement, let alone the significance of 1.5C. Slow-walking on climate action is really the new climate denialism, he says.