Actuaries and Scientists Warn Climate Shocks Risk ‘Planetary Insolvency’

U.K. actuaries and University of Exeter climate scientists on Thursday warned that “the risk of planetary insolvency looms unless we act decisively” and urged policymakers to “implement realistic and effective approaches to global risk management.” Actuaries have developed techniques that “underpin the functioning of the global pension market with $55 trillion of assets, and the…