Jeremy Grantham returns to a topic he first addressed in 2013. Not a discussion for the faint of heart, Grantham systematically addresses various underlying biological and ecological trends. He draws the trend lines forward to illustrate how we appear poised to undermine our ability to thrive in the future. His frustration with systemic intransigence is as [...]
The implications of climate change should be of concern to everyone. Those entrusted with investing or managing the assets of others, especially long horizon pension assets, bear the fiduciary responsibility to consider the potential investment implications of climate change. This paper, published in 2015 by The Economist's Research Intelligence Unit with support from Aviva, is every [...]
U.S. state, local, and business leaders came together in June 2017 to confirm their commitment to the Paris Agreement and continued efforts to reduce carbon emissions. Importantly, signatories express the many reasons behind their support for the agreement, including its role as a driver of economic growth and job creation through investment and innovation. http://wearestillin.com/
On May 12th, the Institute and Faculty of Actuaries issues a Risk Alert to draw attention to the myriad of new risks posed by climate change, in which they state, "There is an increasing body of evidence demonstrating that climate change represents a material risk to future economic stability." The Institute asks members to think carefully [...]
Sadly, the consequences of climate change are neither hypothetical, nor are they imagined. This article examples how one coastal community is wrestling with increased flooding, rocketing insurance rates, and dropping property values. This is very likely what lies ahead for countless coastal areas. https://www.nytimes.com/2017/04/18/magazine/when-rising-seas-transform-risk-into-certainty.html
