@ingalls There are some Burners who have been talking about #ClimateRisks and #ClimateCrisis with respect to Burning Man. They're not getting much traction but that should change after the last 2 years: #ClimateCrisis hot last year, #ClimateCrisis wet this year.

The Org is taking a very Silicon Valley libertarian techbro approach - unsurprising, given where all the big money is among attendees. That private airstrip is the tell.

https://48hills.org/2023/08/can-burning-man-ever-be-carbon-neutral/ https://www.wired.com/story/burning-man-climate-death-spiral/

FT Lex in depth: how investors are underpricing #ClimateRisks

"The costs of inaction on global warming are potentially vast & often not sufficiently factored in to asset values" https://www.ft.com/content/899472a8-e5e2-4fde-bc91-7e548ba35294

Accounting Firms Challenged on (poor/ non) Reporting of #ClimateRisks in Company Financial Statements https://www.natlawreview.com/article/accounting-firms-challenged-reporting-climate-risks-company-financial-statements

Don't Ignore Your #ClimateAnxiety | Time https://time.com/6298051/climate-anxiety-essay/ “Without #grief and #anxiety, we will not be motivated to change. Without #hope, we won’t think #change is possible. As journalists and scientists and policymakers try to inform people about #ClimateRisks, they should find ways to communicate that allow people to feel this multifaceted emotional response.”

In de politiek kun je blijven ruziën over het klimaat. Verzekeraars hebben daar geen enkele boodschap aan. Als het risico te groot wordt, is het niet meer te verzekeren.

"Wall Street Journal:
#StateFarm is stopping the sale of new home-insurance policies in #California effective Saturday, because of wildfire risk and rapid inflation in construction costs."

Paywallvrij artikel:
State Farm: No New Home Policies Due to #ClimateRisks | Climate Denial Crock of the Week
https://climatecrocks.com/2023/05/26/state-farm-no-new-home-policies-due-to-climate-risks/

Under the new policy, the £38bn Borders to Coast pension will vote against chairs of #oil companies that fail to set short, medium & long-term emission reduction targets, + those failing to integrate #ClimateRisks into their biz strategy & capex decisions https://www.ft.com/content/fb180e33-b18d-414d-aa32-3fbba6bc92bb

RT @AriadnaAnsmv
📢@IDDRI_English has an opening: #Policyofficer on #climaterisks and #adaptation policies 🌏
From experience, I can say, it's an incredible opportunity to join a great team! See more on the role & application here: https://www.iddri.org/en/about-iddri/carreers/policy-officer-climate-risks-and-adaptation-policies-0
#research for policy change, Paris-based

Interesting legal development: Client Earth backed by several pension funds are taking Directors of Shell to court for failing to manage climate change risks https://clientearth.org/latest/press-office/press/clientearth-files-climate-risk-lawsuit-against-shell-s-board-with-support-from-institutional-investors/ #climaterisks

Nice quick explainer by #FinanceWatch of why a precautionary approach is necessary for #ClimateRisks https://www.youtube.com/watch?v=-BVYcRDw31c

The heart of the matter.

(Well, one of the hearts of one of the matters.)

RT @CarbonBubble@twitter.com

Looking back at 2022, our accounting analysis “Still Flying Blind” revealed the glaring absence of #ClimateRisks in financial reporting, as over X% of reviewed companies & X% of auditors fail to disclose climate risk in the financials https://carbontracker.org/reports/still-flying-blind-the-absence-of-climate-risk-in-financial-reporting/

🐦🔗: https://twitter.com/CarbonBubble/status/1605973439822577665

https://www.pik-potsdam.de/en/news/latest-news/overshooting-climate-targets-could-significantly-increase-risk-for-tipping-cascades

Scientists from
@PIK_climate ran models and found that the notorious "overshoot" scenarios can trigger irreversible #TippingCascade even if temperature drops back to 1.5C.
#ClimateRisks

(But how wd we even survive as civilisation if *C first rose to 2C and then dropped back to 1.5 by 2100? The tech feasibility and impact chaos from 2C aside (collapse certain IMO) -
going back 0.5C in only ~50yrs leaves biosphere in an uproar, no? Migrated species lose niche -again-.)

RT @EBA_News@twitter.com

🍃"The first step on the #sustainability front is to know at what point banks are and where they plan to be in the management of #climaterisks"

#EBA Chair #JMCampa interview for @sole24ore@twitter.com, @isa_bufacchi@twitter.com on #BaselII, #dividends, #buy-back, #ESG & more!
https://bit.ly/3AFDZPe

🐦🔗: https://twitter.com/EBA_News/status/1595454502936657920

What are residual climate risks?

'#Residual #climate #risks' are defined as those #ClimateRisks that remain after risks have been reduced through #mitigation and #adaptation (IPCC, 2019).

See three recent publications on #residual #climate #risks:

• Report with summary: https://bonn.social/@gerald_leppert/108438851185416761

• Policy Brief 1: https://bonn.social/@gerald_leppert/108775006804844345

• Policy Brief 2: https://bonn.social/@gerald_leppert/108831177599250436

#ClimateChangeAdaptation #SocialRiskManagement #ClimateCrisis #ClimateChange #ResidualRisks #RemainingRisks

Strengthening residual #climate risk management in #German #DevelopmentCooperation
#DEval Policy Brief by Leppert et al. (2022)

• #Residual #ClimateRisks pose an increasing challenge and should be considered more systematically in #ClimateFinance.
• Increased use of #RiskPreparedness needed to maximise #ClimateChangeAdaptation and reduce #losses #damages.
• #Transformative #RiskManagement needs integrated approaches.

https://www.deval.org/fileadmin/Redaktion/PDF/05-Publikationen/Policy_Briefs/2022_5_ResidualeKlimarisiken/DEval_PolicyBrief_5.22_ResidualClimateRisk_EN_barrierefrei.pdf

#ClimateCrisis #ClimateChange #SocialRiskManagement

Livelihoods in #DevelopingCountries Threatened Despite #ClimateChangeAdaptation. In the new #DEval report, Leppert et al. assessed the relevance, effectiveness and #impacts of instruments for managing #Residual #ClimateRisks, such as #RiskPooling (#ClimateRiskInsurance), Third-party #RiskFinance, #RiskPreparedness and #Transformative #RiskManagement by #German #DevelopmentCooperation.

Full report:
https://www.deval.org/fileadmin/Redaktion/PDF/05-Publikationen/Berichte/2021_Klima/DEval_Bericht_2021_Evaluation_of_interventions_for_climate_change_adaptation_web.pdf

#ClimateCrisis #SocialRiskManagement #ClimateChange #Adaptation #Climate