Climate scenario models underestimating risk

IFoA report finds modelling excludes risks like sea level rises and civil unrest

Jasmine Urquhart
clock • 3 min read
Climate scenario models underestimating risk

Climate scenario models in financial services “significantly underestimate” risk, a report by the Institute and Faculty of Actuaries (IFoA) and the University of Exeter has found.

The report found that models do not always reflect the threats of climate change - including the more severe impacts such as sea level rise, heat stress or climate tipping points, as well as second...

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