Grand Challenges for Climate Risk Management

Grand Challenges for Climate Risk Management

The sudden and devastating crisis of the 2020 global pandemic put risk management front and center globally. Many analysts have already highlighted both the commonalities with, and interactions between, the COVID pandemic and climate change. They have also expressed the hope that what we learn about managing risks during the pandemic can help us manage risks related to climate change. Climate change impact shares many characteristics with the pandemic, including its global reach, the way it disproportionately and unfairly affects the poor and the vulnerable, and its non-linear and uncertain character. Both crises also engender the need to address the structural causes of vulnerability at all scales through transformational socioeconomic and political change that improves resilience to all impacts 

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