Climate Change
100 results found
Developing central climate scenarios: physical risk workshop findings
The Central Climate Scenario Workshop Group summarises the second of a series of workshops that aims to share insights on current thinking on what could constitute climate central ‘best estimate’ scenarios.
Modelling climate-related mortality and morbidity risks in the UK: evidence from a survey of actuaries
How are actuaries assessing climate-related mortality and morbidity risks today, what are the main challenges to their modelling, and what support do practitioners say would help accelerate progress? To help answer these questions, in this blog we provide the key findings from a survey of UK actuaries on modelling climate-related risks. We’re also presenting the findings at an IFoA sessional meeting on 15 June. Find links to the full report and sessional meeting at the end of this blog.
Nature-related risks are as detrimental as climate risks: a call to action for actuaries
Mary Goldman, Nick Spencer and Esin Yilmaz Caglar of the The IFoA's Biodiversity Working Party explores nature-related risks, some current challenges in scenario analysis, and what it means for actuaries.
UN SDGs and AI: Mexico
This is part one of a series of blogs by the IFoA Data Science, Sustainability and Climate Change Working Party that discusses progress updates on UN SDGs and AI use. This blog focuses on Mexico.
UN SDGs and AI: Brazil
This is part two of a series of blogs by the IFoA Data Science, Sustainability and Climate Change Working Party that discusses progress updates on UN SDGs and AI use. This blog focuses on Brazil.
Understanding nature-related physical risks
This is part four in a series of blogs about nature-related risk from the IFoA’s Biodiversity Working Party. In this post, we focus on nature-related physical risks by providing some examples of their different types.
Transition risks arising from nature-related risks
This is part five in a series of blogs about nature-related risk from the IFoA’s Biodiversity Working Party. Here we explore nature-related transition risks, and why we need to include transition risk in nature-related risk.
Guest blog: Could the consequences of climate change frustrate our ability to tackle its causes?
The IFoA’s report ‘Climate Scorpion: the sting is in the tail’ highlighted not only the tail risks but the potential for positive tipping points – acceleration of positive trends. But it’s important not to be overly optimistic about our prospects.
Past Sustainability Board chairs Nick Spencer and Sandy Trust asked leading academics Laurie Laybourne and Ben Shread-Hewitt at the Strategic Climate Risks Initiative to outline ‘derailment risk’. What if the physical impacts of climate change do not accelerate our progress to a low-carbon, stable climate future, but act as a barrier against it?
This is an important ‘third rail’ that actuaries should be aware of in their policy and future pathway projections.
Finding our balance with nature: introducing Planetary Solvency
Today we publish ‘Planetary Solvency – finding our balance with nature’, the IFoA’s fourth report in collaboration with climate scientists. Here, report author Sandy Trust introduces the concept of Planetary Solvency and why it is essential for future prosperity.