States and financial bodies have been using modelling that ignores shocks from extreme weather and climate tipping points, instead forecasting that steady economic growth will be slowed only by ...

The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate impacts in a hotter world.

Economic models used by governments, central banks and investors are “increasingly understating” climate change risks as the world continues to heat up. A new report led by the University of Exeter’s ...

Nov 22 (Reuters) - Ahead of international climate talks in Dubai this month, economists are updating estimates of the impact of global warming on the world economy, sometimes calculating down to a ...

The climate crisis could trigger a global financial crash as temperatures rise beyond 2C, but governments and investors are relying on economic models that fail to account for the scale and severity ...

Sustainable growth is a concept that combines economic development with environmental preservation, seeking a balance between the need for growth and the protection of natural resources. In a world ...

States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points Flawed economic models mean the accelerating impact of the climate crisis could lead to ...