Climate Change: Is Mother Nature About to Hit the Panic Button?

This series is a must-listen for anyone interested in finance, climate change, and risk management. We begin the second episode of this riveting series on a sombre note.

My guest is Sandy Trust, a distinguished actuary in the UK who sits on the council of The Institute and Faculty of Actuaries !! The Actuarial Profession. Sandy leads the research paper collaborations with Earth System scientists on climate change and sustainability topics and is past Chair of the IFOA’s Sustainability Board. He advises a range of industry and policy climate initiatives on climate risk and net zero approaches.

?? Key Takeaways from the Episode:

1. Understanding the "Point of No Return"

• What does it mean for Earth's systems to reach a threshold beyond human control?
• The alarming reality of how close we are to this critical point.

2. Temperature Thresholds and Their Implications

• The significance of the Paris Agreement’s temperature goals.
• Why can even slight increases in global temperatures have massive impacts?

3. Tipping Points and Their Consequences

• Discover the critical tipping points like the melting of ice sheets and coral reef die-offs.
• These tipping points can create feedback loops, making climate change harder to reverse.

4. The Urgency of Action

• Sandy's compelling argument for immediate and decisive action.
• There will be potentially catastrophic consequences if we fail to act now.

?? Why You Should Tune In:

• Curiosity Sparked: Ever wondered what happens if we cross the climate tipping points? This episode breaks it down in a way that’s both fascinating and alarming.
• Actionable Insights: Learn what steps we can take to mitigate these risks and protect our planet.
• Expert Perspectives: Gain a deeper understanding from someone who

??Want to Delve Deeper?

Here are some of the specific research reports (with links) that Sandy refers to:

2022 - Tipping points with Sir David King (CCAG) – climate change is a risk mgt problem, tipping points change everything

2023 - Emperor’s New Scenarios with Tim Lenton (Exeter) – climate change scenario analysis is understating risk, we need to work backwards from ruin

2024 - Climate Scorpion – the sting is in the tail with Tim Lenton (Exeter) – warming is accelerating, and the climate may be much more sensitive than we think to GHGs

Listen here to Climate Change: Is Mother Nature About to Hit the Panic Button?

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The 5Cs Podcast, book and communities are about shining a light on a better path. ?Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman here on LinkedIn and here. For more thoughts from the 5Cs Podcast, subscribe on Substack.