VoxEU Talk
Climate Change
Environment
Sustainable Finance
Climate tipping points
If the climate crosses any of a number of tipping points, what are the implications for climate finance? Tipping points are large, probably irreversible, changes in nature that may occur as a result of the increase in global temperature. Worse, crossing one tipping point may cause a cascade of others.
Alissa and Tim talk to Tim Lenton, one of the authors of the Global Tipping Points Report, and Patrick Bolton about how Climate Finance struggles to price the risk of tipping points.