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RCP8.5 alert
Are equity investors really mispricing risk by not basing decisions on RCP8.5? https://twitter.com/imfnews/status/1266361224146685954
Are equity investors really mispricing risk by not basing decisions on RCP8.5? https://twitter.com/imfnews/status/1266361224146685954
“Both mortality rates (fatalities as a percent of exposed population) and damages as a proportion of GDP have decreased for all phenomena, at all spatial scales and for both low and high income regions...”
https://www.forbes.com/sites/rogerpielke/2019/12/14/why-climate-advocates-need-to-stop-hyping-extreme-weather/#46af75087f0a
https://www.forbes.com/sites/rogerpielke/2019/12/14/why-climate-advocates-need-to-stop-hyping-extreme-weather/#46af75087f0a
“Results show a clear decreasing trend in both human and economic vulnerability, with global average mortality and economic loss rates that have dropped by 6.5 and nearly 5 times, respectively, from 1980–1989 to 2007–2016” https://www.sciencedirect.com/science/article/pii/S0959378019300378
“weather-related and non-weather related catastrophe losses have increased, with a 74% increase in the former and 182% increase in the latter since 1990. However, since 1990 both overall & weather/climate losses have decreased as proportion of global GDP” https://www.tandfonline.com/doi/abs/10.1080/17477891.2018.1540343?journalCode=tenh20
