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Values at Risk: Nature, Climate, and the Systemic Risk to our Economic Future From intensifying hurricanes to disrupted supply chains, the risks from climate change and nature loss are hitting closer to home than ever. A rece...

Join me as I talk about these issues with four of the best thinkers on climate and nature risk at a webinar hosted by Brown University’s Institute at Brown for Environment and Society (IBES) Should be fun and informative. Open to all. See below. (6 of 6)

events.brown.edu/ibes/event/3...

Lots of people have been thinking about this, about climate and nature risk, risk disclosure, and the flip side of risk which is adaptation and resilience. They have been looking at this in financial systems, in insurance, even within the US Federal Reserve system. (5 of 6)

In other words, we need new models, a “Green Shores” model if you will, that helps us understand these nature/climate risks and how they may affect not only economic systems but the living systems on which these economies depend. (4 of 6)

And this isn’t just about climate risk, it is also about nature risk, the risk that natural systems will be unable to provide us with crucial services like pollination, clean water, nutrient circulation, etc. (3 of 6)

We have focused on price and volatility (ie Black Scholes model) and that is important, to be sure. But it is a very narrow picture, one that focuses on a mechanistic and simplistic view of risk. It grossly underestimates systemic risk, the risks inherent in ecosystems and human systems. (2 of 6)

Values at Risk: Nature, Climate, and the Systemic Risk to our Economic Future From intensifying hurricanes to disrupted supply chains, the risks from climate change and nature loss are hitting closer to home than ever. A rece...

Let’s talk risk: In many ways the last two decades in financial markets have been about risk: how to measure it, how to understand it, and how to price it. But the work is not finished. As it turns out we have understood risk only very incompletely. (1 of 6)

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Head in the clouds