Earth’s climate may be more sensitive than we thought. Climate change has arrived, with severe impacts emerging at lower temperatures than expected. The distribution has shifted – historic tail risks are now expected.

Climate Scorpion is the latest IFoA research collaboration with climate scientists. It explores the potential for extreme climate risks, their knock-on social effects and the actions we can take to manage them.

Join us to share the findings and implications of the Climate Scorpion paper. The session will cover:

• why science needs to be complemented by risk
• how we underestimated climate change
• reasons for hope
• how actuaries could save the day

We'll explain why it’s so risky to go past the 1.5C ‘net zero’ target, why it’s likely we will and how we can apply financial services risk management techniques to the climate change challenge.

Target audience and assumed knowledge level: No specialist knowledge required.

Speaker and company: 

Georgina Bedenham, Government Actuary's Department
Oliver Bettis, Great Lakes Insurance SE