#ClimateChange #Actuaries - Planetary Solvency – finding our balance with nature - Current climate policies risk catastrophic societal and economic impacts - "The global economy could face a 50% loss in GDP between 2070 and 2090, unless immediate policy action on risks posed by the climate crisis is taken. Populations are already impacted by food system shocks, water insecurity, heat stress and infectious diseases. If unchecked, mass mortality, mass displacement, severe economic contraction and conflict become more likely. 'Planetary Solvency – finding our balance with nature' is the IFoA’s fourth report in collaboration with climate scientists. The report develops a framework for global risk management to address these risks and show how this approach can support future prosperity. It also shows how a lack of realistic risk messaging to guide policy decisions has led to slower action than is needed." - Institute and Faculty of Actuaries (IFoA)
https://actuaries.org.uk/planetary-solvency