Climate change and biodiversity loss represent a potential threat to financial stability by increasing and creating novel forms of poorly understood market, credit, liability and operational risks. Until now there is no overview of the main mechanisms, methodologies, and impacts of such finance-related risks. This paper presents a systematic synthesis of 75 publications, and offer a detailed overview of this growing body of literature. We…
Publication Keyword: Cascading effects
Cascading regime shifts in pollution recipients and resource systems
Ecosystems can undergo regime shifts – large, abrupt and persistent changes in their structure and function. These regime shifts can interact with each other creating cascading effects. We explore potential characteristics of such interactions and their outcomes. We focus on two types of systems where regime shifts can substantially influence human welfare and livelihoods: pollution recipients, such as the atmosphere and water bodies, and renewable…
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