Recalibrating climate risk and insurance

An endless stream of priorities passes through government, some deserving of urgent attention, some not. But the looming insurability crisis has never been one of them.

IN February, Carbon Tracker and the University of Exeter published Recalibrating Climate Risk — informed by a survey of 60+ climate scientists’ expectations of future damages from climate change. The report urged governments to ‘ fix the faulty radar’ of economic climate damage models and found: