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Climate Risk Economics

Профиль Vively

Science, analysis, and news around climate change's impacts on the economy, focusing on growth, inflation, investment, companies, consumers #ClimateRisk #ClimateImpacts

Hyper-hot weather is changing Asia’s travel map “All destinations are doing their best to make sure they remain competitive when it comes to tourism. They know climate change is part of their strategy. They have to address these challenges.” www.cnn.com/2026/07/11/t...

How hyper-hot weather is changing Asia’s travel map | CNNWith Asia warming twice as fast as the rest of the globe, extreme summer heat is scrambling traditional holidays, driving travelers toward high-altitude escapes and after-dark sightseeing.www.cnn.com
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Tropical nights come to Europe “That underlying night-time heat stress on the body is costing money. People go to work, their hand-eye co-ordination is off, they make mistakes, they hurt themselves, they hurt other people"... www.ft.com/content/d78e...

Tropical nights come to EuropeThe biggest rise in extreme temperatures is not in the daytimewww.ft.com
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“These record-breaking heatwaves show once again that the climate crisis isn’t a future threat. The impacts are here with us today with extreme heat having an impact on our nation’s health, economy and public services.” www.ft.com/content/bdba...

More than 2,700 deaths linked to UK heatwavesFor the first time on record temperatures of 35C or higher had been recorded in May, June and July of the same year in UKwww.ft.com
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Heat extremes in Western Europe are increasing much faster than models predicted and, even more concerning, none of the models can simulate the intensity of these heatwaves... www.lemonde.fr/en/opinion/a...

'In trying to avoid accusations of exaggerating, the IPCC has instead underestimated the severity of our summers'COLUMN. Long accused of alarmism by the far right, the Intergovernmental Panel on Climate Change (IPCC) has, in fact, been too cautious, underestimating the speed of change and its impacts, says histo...www.lemonde.fr
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Drought shrivels French wine harvest prospects France's scorching summer is stunting grape growth in wine regions including Champagne, Bordeaux and Burgundy, threatening a smaller crop and ​bringing one of the earliest harvests on record, producers said on Tuesday www.reuters.com/business/env...

Drought shrivels French wine harvest prospectsFrance's scorching summer is stunting grape growth in wine regions including Champagne, Bordeaux and Burgundy, threatening a smaller crop and ​bringing one of the earliest harvests on record, producer...www.reuters.com
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The Oxford Martin Principles for Climate-Conscious Investment aim to inform investment and engagement decisions that support the net-zero transition. 3 key criteria: Commitment to Net-Zero Emissions Profitable Net-Zero Business Model Quantitative Medium-Term Targets ora.ox.ac.uk/objects/uuid...

ora.ox.ac.uk
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How extreme weather makes life more expensive for Canadians, stresses Statistics Canada "The composition of cost factors has shifted meaningfully over time, with extreme weather now one of the dominant forces reshaping Canada's home insurance market"... www.cbc.ca/news/canada/...

How extreme weather makes life more expensive for Canadians | CBC NewsWildfires in B.C. and the Northwest Territories. Floods in Manitoba. Heat waves in Eastern Canada. And it’s only early July. Such events are devastating for the people and communities affected. They’r...www.cbc.ca
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Acute heat shocks generate sharp but transitory declines in bank lending to companies, persisting for up to five years, while chronic warming triggers a persistent decline in lending, lasting up to eight years, according to this @banquedefrance-off.bsky.social paper

Green Central Banking

As Europe faces its third heat wave of the summer, bank lending is likely to go down. A working paper from the Banque de France finds banks lend less during heatwaves. #climate #climatechange #heatwave

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The U.S. Global Change Research Program is now headed by Matthew Wielicki... (end of joke) www.politico.com/news/2026/07...

The administration has a new climate change office. It’s headed by a climate critic.The office that produces the National Climate Assessment has been reconstituted, after the administration gutted it last year.www.politico.com
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How Climate Change Could Raise Your Water Bill Extreme weather is already fueling higher insurance premiums and grocery prices. Water rates are also at risk... www.bloomberg.com/news/article...

How Climate Change Could Raise Your Water BillExtreme weather is already fueling higher insurance premiums and grocery prices. A new study based on Santa Cruz, California suggests water rates are also at risk.www.bloomberg.com
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Climate change-driven heat, weather extremes impact specialty crop farmers Heatwaves, floods, drought and late-spring frosts are all worrisome and can adversely affect crops throughout the year “We don’t ever seem to have a typical year anymore"... apnews.com/article/heat...

Specialty farmers adapt harvests, protect crops in face of extreme heatThe heat dome that settled over much of the United States affected some specialty farmers who produce crops fruits and vegetables.apnews.com
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Climate change could significantly weaken Italy's long-term economic growth and make its already heavy public debt burden harder to sustain, with output potentially lowered ​by up to 6% by 2050 www.reuters.com/business/env...

Climate change threatens to dent Italy's long-term economic growth and  worsen debt risks, study saysClimate change could significantly weaken Italy's long-term economic growth and make its already heavy public debt burden harder to sustain, with output potentially lowered ​by up to 6% by 2050, accor...www.reuters.com
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As climate change damages streets and highways, the road ahead may be expensive "Now, as temperatures are hotter, you're starting to see the dynamics of those extremes take hold, exceeding the design thresholds of those infrastructures and their particular assets." www.npr.org/2026/07/07/n...

As climate change damages streets and highways, the road ahead may be expensiveHeat waves are becoming more common and intense as a result of climate change — and roads are suffering as a result. Are the nation's roads up to meeting the challenge of a warmer, wetter future?www.npr.org
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New study by CMCC: "without adequate climate policies and adaptation measures, Italy’s GDP could be up to 6 percentage points lower by 2050 than in a scenario without climate-related damages" www.cmcc.it/article/clim...

Climate spread: The cost of warming for Italy’s public finances and economic growthFor the first time a report quantifies the link between climate risk and Italy’s public finances, showing how climate changewww.cmcc.it
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"Policy-makers lack the tools to anticipate the macroeconomic and financial effects of ecosystem degradation, eg, on growth, inflation, employment or financial stability", stresses the Banque de France as it announces a new research effort on nature risks www.banque-france.fr/fr/communiqu...

Lancement de la Chaire « Modélisation des risques économiques et financiers liés à la nature » | Banque de FranceParis, le 7 juillet 2026www.banque-france.fr
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New Jersey’s Hell Week Is a Warning for Everyone, writes @markgongloff.bsky.social "All of this leaves us with a choice. We can keep plodding along, scrambling to clean up after each new disaster that puts fresh strain on already rickety and outmoded systems..." www.bloomberg.com/opinion/arti...

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Lake Powell, a vital reservoir, plunges toward unprecedented low levels as water crisis deepens in US west Nearly 6m households and businesses rely on the power generated by Lake Powell’s Glen Canyon power plant. "It’s caused by a warming climate, period.” www.theguardian.com/us-news/2026...

Lake Powell, a vital reservoir, plunges toward unprecedented low levels as water crisis deepens in US westExperts say the critical reservoir system is careening toward a breaking point as the US west’s climate warms and drieswww.theguardian.com
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Private Equity Turns to Heat Detectives as Climate Risks Intensify Erratic weather is forcing private equity investors to scrutinize a new source of financial risk: whether assets in their portfolios can withstand a changing climate... www.bloomberg.com/news/article...

Private Equity Turns to Heat Detectives as Climate Risks IntensifyFor decades, investment models at the largest private equity funds relied on assumptions of relatively stable weather patterns. Now frequent extreme events are creating new threats for their portfolio...www.bloomberg.com
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Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. Also, the ECB said on Tuesday it will mark down the value of collateral that poses a climate risk, to guard against possible losses... www.bloomberg.com/news/article...

Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EUEurope’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken.www.bloomberg.com
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Heatwaves have quietly graduated from "weather event" to "macro variable", warns ING Bank "For years, heatwaves were treated the way insurers treat hailstorms: a regrettable but temporary cost, smoothed out over the cycle. That framing is becoming outdated"... think.ing.com/articles/hea...

The economic toll of Europe’s record-breaking heatwaveHeatwaves pose a new downside risk to European growththink.ing.com
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