Research
Severe ocean risks threaten food prices, pensions and global economic resilience
Phys.org ·
The Brief
- A new report from the Institute and Faculty of Actuaries, the University of Exeter and The Ocean Race says ocean risks are already severe and worsening.
- The report warns the risks could become catastrophic without a change of course.
- The report links ocean risks to food prices, pensions and global economic resilience.
Why it matters
The report frames ocean degradation as a financial and economic risk, not only an environmental one, which may affect how science informs insurance, pension and policy planning.
Who’s affected
- policymakers and financial planners
- pension funds and actuaries
- anyone concerned with food prices and economic resilience
- #ocean
- #climate risk
- #economics
- #pensions
- #food prices
Ocean risks are already severe and worsening, with the potential to become catastrophic without a change of course, according to a new report from the Institute and Faculty of Actuaries (IFoA), the University of Exeter and The Ocean Race.
Timeline
New report on ocean risks published by IFoA, University of Exeter and The Ocean Race
Earth News - Earth Science News, Earth Science, Climate Change
Severe ocean risks threaten food prices, pensions and global economic resilience