The tools for assessing #econonic and #financial #ClimateRisk urgently need to be developed.

Since #ClimateAction needs an upfront cost, we need a well-informed assessment of that cost against the possible cost of doing nothing. If the cost of doing nothing is severely underestimated, that leads to inaction (and then the costs will bite when it's too late to do much about them).

Yay for #ClimateActuaries!

https://www.ft.com/content/a5027391-41a4-4e21-a72d-f8189d6a7b71