Archive for the ‘Capital Markets’ Category
The Choice Between A Poorer Today and A Hotter Tomorrow
July 2nd, 2023
Five Ways Finance Is Trying to De-Risk Heat Waves
June 19th, 2023
The Choice Between A Poorer Today and A Hotter Tomorrow
July 2nd, 2023
Via The Economist, a look at the huge amount of investment needed to help developing countries go green: Suppose for a minute, that you are a finance minister in the developing world. At the end of a year in which your tax take has disappointed, you are just about out of money. You could plough […]
Read more »Five Ways Finance Is Trying to De-Risk Heat Waves
June 19th, 2023
Courtesy of Bloomberg, an article on how – from heatstroke insurance for humans to policies that reimburse farmers for lower milk output – more financial products are addressing climate change: Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people around the world are forced to cope with more […]
Read more »ABOUT
'Black Swans' are highly improbable events that come as a surprise, have major disruptive effects, and that are often rationalized after the fact as if they had been predictable to begin with. In our rapidly warming world, such events are occurring ever more frequently and include wildfires, floods, extreme heat, and drought.
'Green Shoots' is a term used to describe signs of economic recovery or positive data during a downturn. It references a period of growth and recovery, when plants start to show signs of health and life, and, therefore, has been employed as a metaphor for a recovering economy.
It is my hope that Black Swans / Green Shoots will help readers understand both climate-activated risk and opportunity so that you may invest in, advise, or lead organizations in the context of increasing pressures of global urbanization, resource scarcity, and perils relating to climate change. I believe that the tools of business and finance can help individuals, businesses, and global society make informed choices about who and what to protect, and I hope that this blog provides some insight into the policy and private sector tools used to assess investments in resilient reinforcement, response, or recovery.