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Open Risk

@openrisk.eu

510 followers 190 following 1.2K posts

Mostly about #OpenSource #SustainableFinance and #RiskManagement. * Open Risk Manual: https://www.openriskmanual.org * Open Risk Academy: https://www.openriskacademy.com * Blog: https://www.openriskmanagement.com * Code: https://github.com/open-risk

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Open Risk @openrisk.eu · 6d

The online training material at the Open Risk Academy spans a range of topics from #datascience, #riskmanagement and #sustainablefinance, always with a focus on #opensource tools and #opendata 🐧

Access is free, a request by a human is required to combat spammers and bots 🤦

www.openriskacademy.com

The list of current (2025) course categories at the Open Risk Academy:

General Courses
Data Science
Data Engineering
Financial Literacy
Risk Management
Sustainable Finance
Green Public Procurement
Risk Modeling using Python
Credit Portfolio Management
Credit Concentration Courses
Mortgage Modeling
Banking Regulation

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Open Risk @openrisk.eu · 20m

Dial-home-wearables will be the next turn of the screw as surveillance capitalism drills itself into the flesh of society.

And the world will once again stand dazed and confused by all this "innovation" and "disruption" 😨

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

Ray-Ban Maker Essilor Touts Meta Glasses as Next Smartphone Blockbuster

The world’s biggest eyewear maker is positioning itself as a leader in the emerging category of smart glasses, a device that could become as prevalent as an iPhone.

www.bloomberg.com

Open Risk @openrisk.eu · 3h

I propose the term "green chameleons" for companies adopting and abandoning sustainability commitments depending on the hour of the day.

Open Risk @openrisk.eu · 3h

Now I am green. Now I am not. Now I am green. Now I am not.

At some point we'll need to face the reality that without deeply and irrevocably embedding sustainability into people's incentive structures we'll never get past this tragicomedy.

Tony Roberts @phatcontroller.bsky.social · 4h

Nestle's commitment to climate study just hot air
www.bloomberg.com/news/article...

Nestle Bows Out of Initiative to Reduce Dairy’s Climate Impact

The food giant has left the Dairy Methane Action Alliance, an effort to reduce greenhouse gas emissions from herds of cattle.

www.bloomberg.com

Open Risk @openrisk.eu · 4h

Chips are not just another product to trade. They are the physical substrate on which a society's infosphere unfolds. This extreme dependence is not yet internalized as the new reality. The Nvidia/China story merely a precursor of geopolitics in the fully digital era.

Justin Hendrix @justinhendrix.bsky.social · 14h

China last month banned companies from purchasing Nvidia’s H20 chips, signaling a breakdown of a corporate strategy designed to navigate complex geostrategic tensions, Leevi Saari writes. www.techpolicy.press/the-rise-and...

The Rise and Fall of Nvidia’s Geopolitical Strategy | TechPolicy.Press

Nvidia's geopolitical balancing act between the US and China flopped after an arduous lobbying campaign, Leevi Saari writes.

www.techpolicy.press

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Reposted by Open Risk

Dr. Aaron Thierry @thierryaaron.bsky.social · 9h

"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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Open Risk @openrisk.eu · 4h

"Members of Parliament are no longer discussing if the digital euro should be introduced; they are discussing how. It’s important for the success of the digital euro that they exercise their democratic role in full"

European Central Bank @ecb.europa.eu · 5h

In an interview with Delfi, Executive Board member Piero Cipollone explains how the digital euro can reduce Europe’s reliance on foreign payment solutions and benefit European consumers, merchants and banks alike.

Read the full interview link.europa.eu/xBxDjM

Open Risk @openrisk.eu · 13h

Which raises the question what are those other countries possibly thinking?

This is not a matter of taste or scoring political points with this or that constituency.

If there is going to be a sovereign digital Europe its politicians need to get very serious about what are its core principles.

Open Risk @openrisk.eu · 20h

"participatory, consultative, and experimental approaches to innovation" is too vague for comfort...

Developing digital sovereignty is by definition participatory (involves and concerns every citizen, company, public entity) but how to get there given decades of neglect?

Open Risk @openrisk.eu · 20h

A simple, generic and portable format for disseminating Input-Output data, inspired from the graph representation of Input-Output matrices, it allows for a flexible and unified description which can be serialized into csv or an sqlite database.

www.openriskmanagement.com/portable-sta...

A composite diagram illustrating a typical tabular representation of an economic input-output matrix, a graph representation of the same and finally a database table representation of the graph

Open Risk @openrisk.eu · 1d

The long term implication of continuing with financial systems that are manifestly not fit-for-purpose is that any eventually sustainable economies will have to content with far more irreversible loss of real wealth.

Not very 'sapient' this Homo Sapiens.

Open Risk @openrisk.eu · 1d

From tulips to crypto the propensity of financial systems to form runaway bubbles that are based on literaly nothing is well known. For a long time this has been treated as tolerable flaw, the price to pay for "wealth" creation. But what if the decoupling from reality is terminal for the game itself

Open Risk @openrisk.eu · 1d

Yet it is not difficult to imagine the type of mechanisms that would anchor the operations of financial intermediaries on reality. It simply requires accounting for the externalities of economic activity that threaten collective welfare and aligning the incentives of actors to serve sustainability.

Open Risk @openrisk.eu · 1d

The rapid formation and dissolution of pompous global net-zero "alliances" in a period of just... 4 years reveals once again an inconvenient truth about the financial system: its simply a bubble blowing machine, turning on a dime.

Ground truth is irrelevant.

www.france24.com/en/live-news...

UN-backed climate banking alliance ceases operations

The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its immediate shutdown -- at a time of faltering climate commitments in the United…

www.france24.com

Reposted by Open Risk

Kris Freedain @krisfreedain.com · 1d

#Arduino has just been acquired by Qualcomm, and they're already launching a new product that runs #Linux (cautiously optimistic about this) #opensource #maker www.xda-developers.com/arduino-acqu...

Arduino has just been acquired by Qualcomm, and they're already launching a new product that runs Linux

Arduino's new UNO Q can run Linux, and it's the company's first product after being acquired by Qualcomm.

www.xda-developers.com

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Open Risk @openrisk.eu · 1d

It took a mountain of effort to achieve a modest adoption of Signal (in some parts of Europe) and show in practice that we could escape surveillance capitalism.

Can't emphasize what a disastrous turn of events this could be.

Europe as the digital town's idiot.

Meredith Whittaker @meredithmeredith.bsky.social · 3d

📣 Germany's close to reversing its opposition to mass surveillance & private message scanning, & backing the Chat Control bill. This could end private comms-& Signal-in the EU.

Time's short and they're counting on obscurity: please let German politicians know how horrifying their reversal would be.

Signal @signal.org · 5d

We are alarmed by reports that Germany is on the verge of a catastrophic about-face, reversing its longstanding and principled opposition to the EU’s Chat Control proposal which, if passed, could spell the end of the right to privacy in Europe. signal.org/blog/pdfs/ge...

Open Risk @openrisk.eu · 1d

Reminding us that reality is weirder than anything we have ever imagined 🤓

www.nobelprize.org/prizes/physi...

Nobel Prize in Physics 2025

The Nobel Prize in Physics 2025 was awarded to John Clarke, Michel H. Devoret and John M. Martinis “for the discovery of macroscopic quantum mechanical tunnelling and energy quantisation in an electri...

www.nobelprize.org

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Open Risk @openrisk.eu · 2d

Assuming financial regulation can inded withstand "political headwinds" 🤞 the risk is that sustainability reverts to becoming a compliance exercise rather than deeply embedded into their business models as it should be.

Green Central Banking @greencb.bsky.social · 2d

🇪🇺 Frank Elderson said the @ecb.europa.eu would not be taking a step back on climate and nature risks.
Climate-related risks will continue to feature in the supervisory priorities despite political headwinds.

https://greencb.co/3ICRdU9

#ClimateRisk

Open Risk @openrisk.eu · 2d

time to revisit which of the countless three and four letter initiatives that emerged during the last five years have survived the onslaught of the US reversal on #sustainability🤔

www.openriskmanual.org/wiki/Glossar...

Glossary of Sustainable Finance - Open Risk Manual

A collection of definitions of conceptual frameworks, standards, tools and/or policy initiatives from public or private sectors that touch on the subject of Sustainable Finance.

www.openriskmanual.org

Open Risk @openrisk.eu · 2d

So long and thanks for all the fish...

Net-Zero Banking Alliance folds after mass exodus by members.

#sustainablefinance

www.reuters.com/sustainabili...

www.reuters.com

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Reposted by Open Risk

European Environmental Bureau🍃 @eeb.org · 2d

As a citizen, you can add your voice to the call urging European leaders to commit to a toxic free Europe and make taking action against toxic chemicals in our nature, air, water and bodies an urgent priority

📝 action.wemove.eu/sign/2024-01...

@wemoveeurope.bsky.social #ToxicFreeFuture

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Open Risk @openrisk.eu · 2d

Finance is a vast space with many *completely* distinct sub-cultures. Each one of them would interface with geospatial in its own peculiar ways

Fintech is merely a "startupy" take on a subset of business models, which after a decade of hyperventilation seems to have produced zilch useful innovation

Open Risk @openrisk.eu · 2d

you mean no crypto mining as bailout of last resort? 🤣

Open Risk @openrisk.eu · 2d

I guess it depends on the magnitude of the "correction" and whether any broader revelations of "naked swimmers". But in contrast with the previous tech bubble the current oligopoly has a TINA stranglehold on society. "AI" feels almost like a discretionary bubble to spice up things.

Open Risk @openrisk.eu · 2d

not sure how apocalyptic a deflation of the AI bubble would be. What would be the real economy impact of a totally made up value of 4 trillion being reduced to (say) 40 billion? Depends on who is holding the bag. Presumably our dear financial regulators made sure its not us "widows and orphans" 😅

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Open Risk @openrisk.eu · 2d

hypothesis: the threat of regulating their business models (anti-trust, privacy) is existential. Everything else is manageable.

Its not that MAGA wouldnt care about those things (The tech bros have little currency with any part of society except tech employees). They are just easier to distract.

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