'Flawed advice': Economic models accused of 'chronically underpricing' climate risks

James Murray
clock • 7 min read
In February 2021 Indonesia's capital Jakarta was hit by severe monsoon floods that forced more than 1,000 residents to evacuate / Credit: Unicef
Image:

In February 2021 Indonesia's capital Jakarta was hit by severe monsoon floods that forced more than 1,000 residents to evacuate / Credit: Unicef

New analysis from Carbon Tracker warns governments and businesses are continuing to ignore systemic climate risks that could crash global economy

The economic models used by governments, central banks, investors, and businesses are routinely under-playing climate-related risks that are set to intensify as the world moves past the 1.5C warming threshold...

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