Preparing for this in the coming decade will probably happen only with crisis…however…”The US isn't ready for the coming climate displacement. But we should plan to house 10s of millions of migrants in lovely, green communities. It won't be easy; we have to start now.” #climatescenario #climatemigrants https://www.thenation.com/article/environment/miami-climate-change-evacuation/

Vox: "How to run a climate experiment on a bank - The Fed is careful to note that its climate scenario analysis is different from a stress test. In Fed-speak, a #stresstest measures whether a bank has enough money to meet its obligations during difficult economic times. The Fed can then use the results to set new rules or adjust its policies. The #climatescenario analysis, by contrast, is more of a storytelling exercise." https://www.vox.com/science-and-health/23561441/federal-reserve-jerome-powell-climate-change-citigroup-jpmorgan #ClimateCrisis #FinancialSystem #Economy #Banking