Climate Change 'Overtakes Pandemics as Biggest Global Concern'

The transcript discusses the increasing frequency and severity of extreme weather events due to climate change and the associated risks. It highlights the challenges of transitioning to a low-carbon economy, drawing parallels with past industrial revolutions. The role of insurance in managing climate-related risks is examined, noting the limitations of insurance coverage and the potential for political intervention. The economic implications, including the impact on inflation and public debt, are also considered.

In what ways can insurance companies help manage losses from climate-related events?

What concerns arise from the relationship between climate transition and inflationary forces in the global economy?

What role does public debt play in the ability of governments to support the climate transition?