As the dual quests to transition to a post-carbon economy and adapt to a warming planet continue, humanity urgently needs new approaches to managing climate risks.
Climate change poses multiple, interacting risks to the well-being of humans and the environment, including higher sea levels, warmer seas, extended periods of extreme heat, and an increase in the frequency and severity of catastrophic weather events. Additional global warming is only expected to intensify these risks. Meanwhile, many new decarbonization technologies bring uncertainty in reliability and risk.
Nicholas Institute experts are creating new resources and developing purposeful partnerships across the public sector, private sector, and civil society to reduce risks and increase the resilience of communities and ecosystems. Among other efforts, experts are working with leaders from the insurance and finance industries—both of which have unique capabilities to address risk—to identify how they can help communities counter climate threats.