The emergence of cumulative climate risks

Global - Nov 23 2018

The emergence of cumulative climate risks

On Monday, November 19, the scientific journal Nature Climate Change published a study, carried out by about twenty international researchers, that can be described as both original and worrying. The study puts into perspective the cumulative risks caused by climate change by exposing each region of the world to a number of climate disasters of maximum intensity by 2095.

Based on the following 10 climatic hazards - Natural cover change, drought, warming, Heatwaves, storms, precipitation, floods, fires, sea level and ocean climate change - and by breaking down into 89 subheadings the six aspects crucial to human life - health, food, water, economy, infrastructure and security - the researchers concluded that humanity had already been affected by climate in 467 different forms. Based on this observation, which already demonstrates humanity's vulnerability to climate risk in the past, researchers are warning of the threat of the concomitant and combined occurrence of multiple climate risks. 

Indeed, we can see on the maps above that when we compare a scenario where emissions continue to be as high as they are today with a scenario where greenhouse gas emissions are reduced to limit temperature increases to +2°C, we see once again an alarming difference. By 2100, the world's population will be exposed concurrently to the equivalent of the largest magnitude in one of these hazards if emissions are aggressively reduced, or three if they are not, with some tropical coastal areas facing up to six simultaneous hazards. In addition to the occurrence of events, the domino effect generated by our carbon emissions could increase the concomitance of the climate risks. For example, since this summer, California has faced extreme heat waves, forest fires and one of its longest droughts. This research is in line with the actual studies published on the physical risks of climate change and Nicholas Stern's first warnings on the cost of inaction versus action to further reduce carbon emissions.

If this scenario is confirmed in the coming decades, even if most countries at risk are in emerging countries, considering the cumulative risks of this study should also lead to a reassessment of the risks for northern countries. For example, in Italy or in Spain, we could pass from a value of one climate hazards concurrently if we act, to 3.2 if we don’t.

Félix Fouret, Carbon/Climate Analyst
Sources : Beyond Ratings, Nature Climate Change, Le Monde

Our latest
publications

Title
Category
Tag
Country
Date
Analyst insight
#ESG
Global
2019-12-08
Analyst insight
#Carbon #ESG
Global
2019-12-08
Analyst insight
#ESG
Global
2019-12-08
Research note
#ESG
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#ESG
France
2019-12-08
Analyst insight
#Credit Risk #ESG
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change #Environment
Global
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#ESG
France
2019-12-08
Analyst insight
#Carbon
Europe
2019-12-08
Weekly food for thought
#Carbon
Global
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#Credit Risk
United States
2019-12-08
Analyst insight
#Environment
Northern Area
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Europe
2019-12-08
Weekly food for thought
#ESG
France
2019-12-08
Weekly food for thought
#Credit Risk
Peru
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change
World
2019-12-08
Weekly food for thought
#ESG
France
2019-12-08
Weekly food for thought
#Credit Risk #GDP
Europe
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#Credit Risk
France
2019-12-08
Analyst insight
#Credit Risk #France
Europe
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#ESG
Global
2019-12-08
Weekly food for thought
#GDP
Europe
2019-12-08
Analyst insight
#ESG
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#Carbon #ESG
France
2019-12-08
Weekly food for thought
#Credit Risk
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#ESG
Europe, USA
2019-12-08
Weekly food for thought
#GDP
France
2019-12-08
Analyst insight
#Environment
France
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-12-08
Weekly food for thought
#Credit Risk #GDP
China
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#ESG
USA
2019-12-08
Weekly food for thought
#GDP
Global
2019-12-08
Analyst insight
#Credit Risk #Sovereign Debt
Global
2019-12-08
Weekly food for thought
#Carbon #Climate #IPCC #WMO
Global
2019-12-08
Weekly food for thought
#Carbon #Inequality #Paris Agreement
France
2019-12-08
Weekly food for thought
#GDP #Sovereign Debt
Italy
2019-12-08
Analyst insight
#Credit Risk #GDP #Geopolitics #Sovereign Debt
Global
2019-12-08
Weekly food for thought
#Environment
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP
Global
2019-12-08
Weekly food for thought
#GDP
France
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Environment
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-12-08
Analyst insight
#GDP
Brasil
2019-12-08
Weekly food for thought
#Environment
Venezuela
2019-12-08
Weekly food for thought
#Environment #Natural Capital
Norway
2019-12-08
Analyst insight
#Carbon #Carbon/Climate Change #Climate
United Kingdom
2019-12-08
Weekly food for thought
#Agriculture #Biodiversity #Climate #GHG #Greenhouse gases
Global
2019-12-08
Weekly food for thought
#Biodiversity #Climate #Environment #ESG #IPCC #Oceans #SIDS
Global
2019-12-08
Weekly food for thought
#Credit Risk #GDP
France
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Europe
2019-12-08
Weekly food for thought
#Carbon/Climate Change
France, Canada
2019-12-08
Weekly food for thought
#Credit Risk #GDP
Argentina
2019-12-08
Analyst insight
France, Egypt
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
France
2019-12-08
Weekly food for thought
#GDP #Sovereign Debt
Germany
2019-12-08
Weekly food for thought
#Environment #ESG
Global
2019-12-08
Analyst insight
#GDP #Natural Capital #Sovereign Debt
South Africa, France
2019-12-08
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change #Environment #ESG
Global
2019-12-08
Weekly food for thought
#Carbon/Climate Change #Climate
Global
2019-12-08
Weekly food for thought
#ESG
India
2019-12-08
Weekly food for thought
#Credit Risk #GDP
USA, Japan, European Union
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP #Paris Agreement #Sovereign Debt
Global
2019-12-08
Weekly food for thought
#Climate #Environment #Paris Agreement
Small Island Developing States, Global, Barbados, Fiji
2019-12-08
Weekly food for thought
#Credit Risk #GDP #Sovereign Debt
Venezuela
2019-12-08
Analyst insight
#Carbon #Carbon/Climate Change #Climate #Credit Risk
Global
2019-12-08
Analyst insight
Global
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
Global
2019-12-08
Weekly food for thought
#Credit Risk #GDP
Global
2019-12-08
Analyst insight
#Biodiversity #Environment #Natural Capital
Brazil
2019-12-08
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-12-08
Weekly food for thought
#Carbon/Climate Change
Global
2019-12-08
Analyst insight
#Credit Risk #Sovereign Debt
United States
2019-12-08
Analyst insight
#Carbon/Climate Change #Credit Risk #ESG #Natural Capital
Global
2019-12-08
Analyst insight
#Carbon #Carbon/Climate Change
Europe
2019-12-08
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
France
2019-12-08
Weekly food for thought
#Credit Risk #Sovereign Debt
Europe
2019-12-08
Weekly food for thought
Global
2019-12-08
Analyst insight
Global
2019-12-08
Weekly food for thought
France
2019-12-08
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-12-08
Weekly food for thought
Global
2019-12-08
Weekly food for thought
Global
2019-12-08
Weekly food for thought
Global
2019-12-08
Analyst insight
#Biodiversity #Climate #Environment #Natural Capital #Paris Agreement
Global
2019-12-08
Weekly food for thought
United States
2019-12-08
Weekly food for thought
Italy
2019-12-08
Weekly food for thought
Global
2019-12-08
Analyst insight
Middle East & North Africa
2019-12-08
Weekly food for thought
Global
2019-12-08
Weekly food for thought
Global
2019-12-08
Research note
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
Global
2019-12-08
Weekly food for thought
Global
2019-12-08
Analyst insight
All
2019-12-08
Weekly food for thought
United States
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
#Carbon/Climate Change #Climate #Credit Risk
England
2019-12-08
Weekly food for thought
Global
2019-12-08
Weekly food for thought
Germany
2019-12-08
Analyst insight
Brazil
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Italia
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Canada
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Analyst insight
Sweden
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Italia
2019-12-08
Analyst insight
All
2019-12-08
Weekly food for thought
USA
2019-12-08
Analyst insight
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
United Kingdom
2019-12-08
Weekly food for thought
United Kingdom
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Research note
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Russia
2019-12-08
Analyst insight
Argentina
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
European Union
2019-12-08
Analyst insight
European Union
2019-12-08
Analyst insight
Greece
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
European Union
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Cuba
2019-12-08
Weekly food for thought
All
2019-12-08
Analyst insight
Greece
2019-12-08
Weekly food for thought
European Union
2019-12-08
Weekly food for thought
French Guyana
2019-12-08
Weekly food for thought
#Sovereign Debt
Russia
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
Venezuela
2019-12-08
Analyst insight
All
2019-12-08
Weekly food for thought
United Kingdom
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
France
2019-12-08
Weekly food for thought
European Union
2019-12-08
Weekly food for thought
All
2019-12-08
Weekly food for thought
France
2019-12-08

Let's keep in touch!

This field is required
Invalid email

Register to our newsletter to be the first to hear about ...

By submitting this form, you consent to receiving email communications from Beyond Ratings. Beyond Ratings will update your email preferences and hold your details in its contact database. For more information on how Beyond Ratings uses your data, see our Privacy Policy.

Get started

More investors are choosing Beyond Ratings' proprietary ESG-augmented financial metrics to gain a 360° view of company and country ESG performance.