From raging wildfires to devastating floods, how are these natural events reshaping our financial landscape? What if anything, should we be doing with our investments as a result?
Topics covered include:
The devastating Maui wildfire: What are the factors that led to one of the deadliest wildfires in US history.Global wildfire trends: Are they really increasing? The data might surprise you.The role of insurance companies: Learn how the giants of the reinsurance world, like Swiss Re and Munich Re, are navigating the increasing number of natural disasters.The complex interplay of climate change, urban expansion, and human choicesWhy IPCC is not highly confident regarding some weather impacts of climate change due to the natural variability in weather patterns.What should individuals do when there is a lack of details regarding a long-term potential threat?
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Show Notes
Why the fires in Hawaii have been so bad—The Economist
CAMS: monitoring extreme wildfire emissions in 2022—Copernicus
A human-driven decline in global burned area by N. Andela et al.—Science
Seasonal Trend for Europe—Copernicus
Insurers rack up $50bn in losses from natural catastrophes this year by Ian Smith—The Financial Times
World insurance market developments in 5 charts—Swiss Re Institute
When Disaster Strikes: Preparing for Climate Change by Seán Nolan and Krishna Srinivasan—IMF
California insurance market rattled by withdrawal of major companies by Michael R. Blood—AP
Rising Temperatures Are Wreaking Havoc Year-Round by Zahra Hirji, Rachael Dottle, and Denise Lu—Bloomberg
Climate Change Information for Regional Impact and for Risk Assessment by Roshanka Ranasinghe, et al.—IPCC
The Science Before Science
CO2 emissions (metric tons per capita)—The World Bank
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