How climate shocks could break the economy | Edmond Rhys Jones

Edmond Rhys Jones, a climate and sustainability expert, discusses how climate change poses significant risks to the economy. He highlights the gap between climate science and traditional economic models, which often underestimate disruption. Jones emphasizes the need for innovative tools like simulations to forecast financial impacts. He delves into the hidden costs of natural disasters and how rising insurance premiums can lead to widespread economic strain. Ultimately, he makes a compelling case for investing in climate resilience to safeguard economic stability.