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Climate scenario models omit lots of the risks – Hymans Robertson

Many insurers and pension schemes have gone through the process of running climate-related scenarios and reporting results to their boards and trustees. One relatively common response to these initial results is “so what?”.

Posted on May 24, 2023

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... Decision makers are observing that climate scenario modelling results do not look very severe, leaving the impression that climate change isn’t a particularly material risk. This is surprising given climate change is among the most important challenges facing humanity today.

Date of publication: December 2022.

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