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Climate Risk Economics

@climateeconomics.bsky.social

1.8K followers 930 following 1.1K posts

Science, analysis, and news around climate change's impacts on the economy, focusing on growth, inflation, investment, companies, consumers #ClimateRisk #ClimateImpacts

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Climate Risk Economics @climateeconomics.bsky.social · Mar 25

A stark warning from insurance giant Allianz:

"We are fast approaching warming levels where insurers won't be able to offer coverage for many climate risks. The premiums required exceed what people or companies can pay. This is already happening"...

www.linkedin.com/pulse/climat...

Climate, Risk, Insurance: The Future of Capitalism

CO₂ emissions directly increase the amount of energy trapped in the Earth’s atmosphere. This is not a vague or future issue—it is physical reality.

www.linkedin.com

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Climate Risk Economics @climateeconomics.bsky.social · 21h

This is not exactly at city level, rather at a small region-level (NUTS3 in EU parlance), but the qualitative analysis may be useful:

www.ecb.europa.eu/pub/pdf/scpw...

www.ecb.europa.eu

Climate Risk Economics @climateeconomics.bsky.social · 21h

Most welcome! 😀

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Climate Risk Economics @climateeconomics.bsky.social · 21h

"Recent developments in the insurance industry suggest Thallinger’s concern (expressed in post below) is widely shared. As long as policymakers fail to act on the signals they’re sending, insurers’ ability to tackle this problem will be limited"

www.ft.com/content/5e0b...

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Reposted by Climate Risk Economics

Dr. Aaron Thierry @thierryaaron.bsky.social · 2d

"Scientists warn that if current trends in sea level rise continue, more than 45% of the Delta could be submerged within decades, displacing millions and jeopardising Vietnam’s food security"

#Vietnam 🇻🇳
#ClimateEmergency

The Mekong Delta’s climate defences are failing

Infrastructure projects to keep out seawater have been plagued by failures. Experts say Vietnam must shift from hard fixes to nature-based solutions

dialogue.earth

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Climate Risk Economics @climateeconomics.bsky.social · 1d

“Climate risks will be wide-reaching and secular, not narrow and cyclical. Those at risk include homeowners, banks, insurers, and holders of securitized mortgages"

- Kevin Stiroh, former Fed official

www.bloomberg.com/news/article...

Ex-Fed Official Sees Secular ‘Shocks’ Ahead From Extreme Weather

The Federal Reserve’s former top-ranking official overseeing climate risk says the US economy faces a series of long-term, structural shocks as a result of increasingly extreme weather patterns.

www.bloomberg.com

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Reposted by Climate Risk Economics

John Hogan Morris @johnhoganmorris.bsky.social · 1d

greencb.co/3ICm6It

‘Social macro’: a new frontier for climate risk

Addressing climate social risks is key for climate policy and financial risk management, write analysts Alexander Weston and Judith Tyson.

greencb.co

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Reposted by Climate Risk Economics

Joshua Basseches @joshuabasseches.bsky.social · 1d

Oil and gas companies will often claim to be partners in the clean energy transition, when it is politically expedient to do so, but new research finds their actual contributions are marginal:
www.nature.com/articles/s41...

Oil and gas industry’s marginal share of global renewable energy

Nature Sustainability - The decarbonization of oil and gas companies may not be as speedy or robust as advertised. This analysis finds that renewable energies make up just a minor fraction of the...

www.nature.com

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Climate Risk Economics @climateeconomics.bsky.social · 1d

Cost of Europe's extreme weather doubled this decade - and could hit €126 billion by 2029

“Protecting nature is not a cost: it is an investment in competitiveness, resilience, and the well-being of citizens” - @teresaribera.ec.europa.eu

www.euronews.com/green/2025/1...

Cost of Europe's extreme weather has doubled this decade

Europe is being forced to foot an ever-growing bill as damage from weather and climate-related extremes exceeded €44.5 billion in recent years.

www.euronews.com

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Climate Risk Economics @climateeconomics.bsky.social · 1d

very thoughtful piece, thanks for sharing!

Quick note, FWIW, that in France at least, high school students are still supposed to have read a number of novels each year (and most do, it seems)

Climate Risk Economics @climateeconomics.bsky.social · 1d

yes - and "social macro" is a powerful channel for "derailment risk"

Climate Risk Economics @climateeconomics.bsky.social · 1d

more than that, I reckon, over the lifetime of his youngest child...

www.americansecurityproject.org/climate-chan...

Climate Change causing 400,000 deaths per year

www.americansecurityproject.org

Climate Risk Economics @climateeconomics.bsky.social · 1d

Climate critics try to discredit IPCC author for linking disasters to global warming

Roger Pielke Jr. and oil industry supporters are attacking climate scientist Friederike Otto, whose work has been used in lawsuits against polluters.

www.eenews.net/articles/cli...

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Climate Risk Economics @climateeconomics.bsky.social · 2d

#Climaterisk: Japan’s largest non-life insurer is betting its acquisition of an engineering consultancy that specialises in natural disaster mitigation can help keep customers’ expenses in check as climate change raises recovery costs
www.ft.com/content/e2f9...

Japan’s top insurer bets on engineering acquisition to mitigate climate risk

Tokio Marine’s purchase of design consultancy part of push to rein in clients’ costs as weather patterns change

www.ft.com

Climate Risk Economics @climateeconomics.bsky.social · 2d

State capture on an epic scale...

Reposted by Climate Risk Economics

Peter du Toit @peterdutoit.com · 2d

Now you know why the current American regime is leading the climate denial charge.

More than 40 Trump administration picks tied directly to oil, gas and coal, analysis shows

Report looks at White House nominees and appointees and agencies dictating energy, environment and climate policy

www.theguardian.com

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Reposted by Climate Risk Economics

Dr. Aaron Thierry @thierryaaron.bsky.social · 2d

“The government must publish any assessment of these risks and be straight with the public on the scale of the environmental challenges we face.” - Dr. Mike Barrett, @wwf.org.uk

Adam Vaughan @adamvaughan.bsky.social · 2d

Officials in Downing Street have blocked publication of a report warning that the collapse of tropical rainforests could push up food prices in British supermarkets.

Story 👇
www.thetimes.com/uk/environme...

No 10 blocks report on impact of rainforest collapse on food prices

Downing Street has vetoed release of an assessment that says the loss of the Amazon ecosystem could drive up food inflation as well as lead to mass migration

www.thetimes.com

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Climate Risk Economics @climateeconomics.bsky.social · 2d

Kevin Stiroh, formerly the leading climate official at the Federal Reserve, has joined Resources For The Future as a founding member of the advisory committee for the Climate-related Financial and Macroeconomic Risk Initiative

via @climateproof.news

www.climateproof.news/p/people-mov...

Climate Risk Economics @climateeconomics.bsky.social · 2d

Why pension funds are still pushing for climate action

Pension funds and other long-term asset owners have a fiduciary responsibility to protect the interests of beneficiaries decades into the future...

www.ft.com/content/fd81...

Why pension funds are still pushing for climate action

Long-term asset owners have bucked the financial sector trend of retreat on green goals

www.ft.com

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Reposted by Climate Risk Economics

Ed King @ed-king.bsky.social · 2d

Perhaps there's a good reason No.10 blocked the release of a govt report that shows rainforest collapse = higher food $$ in UK... would love to know it...

No 10 blocks report on impact of rainforest collapse on food prices

Downing Street has vetoed release of an assessment that says the loss of the Amazon ecosystem could drive up food inflation as well as lead to mass migration

www.thetimes.com

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Climate Risk Economics @climateeconomics.bsky.social · 2d

Here again, as often, "populist" politicians are only catering to a lobby - the industrial meat lobby, in this case.

Reposted by Climate Risk Economics

Damian Carrington @dpcarrington.bsky.social · 2d

“A beef tomato doesn’t contain any beef … Ladies’ fingers are not made of actual ladies’ fingers. Let’s trust consumers and stop this hotdog populism,” says Austrian MEP Anna Stürgkh

Ditto Shepherds pie

Feel free to add your own below 👇

www.theguardian.com/world/2025/o...

‘Veggie burgers’ could be off the menu as MEPs vote to ban plant-based food terms

Vote is victory for MEPs who want to strengthen position of farmers in food supply chain

www.theguardian.com

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Reposted by Climate Risk Economics

Don Moynihan @donmoyn.bsky.social · 2d

The elimination of USAID is a moral atrocity and all involved made a choice to enable, and then lie about, ending the lives of some of the most vulnerable people in the world.

MAE SOT, Thailand (AP) - Mohammed Taher clutched the lifeless body of his 2-year-old son and wept. Ever since his family's food rations stopped arriving at their internment camp in Myanmar in April, the father had watched helplessly as his once-vibrant baby boy weakened, suffering from diarrhea and begging for food.
On May 21, exactly two weeks after Taher's little boy died, U.S. Secretary of State Marco Rubio sat before Congress and declared: "No one has died" because of his government's decision to gut its foreign aid program. Rubio also insisted: "No children are dying on my watch."
That, Taher says, "is a lie."

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Reposted by Climate Risk Economics

Mark Gongloff @markgongloff.bsky.social · 2d

Every so often you come across a piece of evidence that feels strong enough to change minds.

This chart from @hausfath.bsky.social is one of those, directly refuting at least 2 standard climate-denier talking points we've heard from Trump recently

Gift link: www.bloomberg.com/opinion/arti...

A Chart Climate Denialists Can’t Ignore

Every now and then you come across a piece of evidence that feels strong enough to cut through the noise and change minds.

www.bloomberg.com

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Reposted by Climate Risk Economics

riskmarketnews.com @riskmarketnews.com · 2d

Extreme heat kills more Americans than floods, hurricanes, and tornadoes combined.
FEMA's response? It just rejected a recommendation to measure the financial impact of mitigation projects.
Meanwhile, insurers are warning of $400B+ in annual losses by 2035. www.riskmarketnews.com/nations-dead...

Nation's Deadliest Weather Peril Gets No Federal Planning Strategy

FEMA says it was unlikely that the “president would ever declare a major disaster for extreme heat.”

www.riskmarketnews.com

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Reposted by Climate Risk Economics

Ronojoy Mazumdar @ronomaz.bsky.social · 2d

"Should the discussions bear fruit, India - among the nations most prone to extreme weather events - could become one of the first major economies to roll out such a programme."

www.reuters.com/sustainabili... (1/2)

Exclusive: India considers introducing nationwide climate-linked insurance scheme

India's government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance programme aimed at simplifying the payout process after extreme weather events such as heatwaves and floods.

www.reuters.com

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