Business risk and the emergence of climate analytics

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Their full submission is here: https://t.co/EkjXcHWRty Our Nature Climate Change paper is here: https://t.co/eewp4VmEPJ An summar…

RT @kmac: Anyway, if you're interested in this, here again is the paper link! We will soon have some summaries & perhaps guest posts explai…

I have finally read this paper by @TanyaFiedler et al. on how to improve the link between climate science and financial decision-making. They say we should improve the current information chain (left in the figure) and the discussion is very interesting 👉h

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @AustCCR: Assessment of future climate risk requires knowledge of how the climate will change on time and spatial scales that vary betwe…

Assessment of future climate risk requires knowledge of how the climate will change on time and spatial scales that vary between business entities. The rules by which climate science can be used appropriately have not yet been developed. https://t.co/GjclW

RT @kmac: See also this earlier paper by some of the same authors (and, uh, me!) in Nature Climate Change: https://t.co/i1U4bJtyqU

RT @kmac: See also this earlier paper by some of the same authors (and, uh, me!) in Nature Climate Change: https://t.co/i1U4bJtyqU

RT @kmac: See also this earlier paper by some of the same authors (and, uh, me!) in Nature Climate Change: https://t.co/i1U4bJtyqU

RT @kmac: See also this earlier paper by some of the same authors (and, uh, me!) in Nature Climate Change: https://t.co/i1U4bJtyqU

See also this earlier paper by some of the same authors (and, uh, me!) in Nature Climate Change: https://t.co/i1U4bJtyqU

RT @FriendsOScience: @Alan_G_Smith_BC @sarahkeyesTO @CPAcanada @guardian @wef /2 Here experts in ACCOUNTING and #climate science explain th…

@Alan_G_Smith_BC @sarahkeyesTO @CPAcanada @guardian @wef /2 Here experts in ACCOUNTING and #climate science explain that #climate models are not fit for purpose for #ClimateRisk evaluation. https://t.co/QshjqlBwhD Stop the #ESG nonsense on #sustainability.

This is the paper btw; it is about using climate models (the big ones that model earth systems) to assess financial/ economic risk. https://t.co/lT1x95Whom

RT @kmac: Anyway, if you're interested in this, here again is the paper link! We will soon have some summaries & perhaps guest posts explai…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

https://t.co/k47Ol10sqk

@profadamsobel Another paper from a year ago discussing the increasing demand from the business & finance community for reliable climate info. "emergence of climate services requires the training of a new group of professionals ... termed here as ‘cli

THIS PAPER SUMMARIZES THE DEMANDS BY the business and finance community for reliable climate information, and the potential and limitations of such information in the context of what climate models can and cannot currently provide.… 🤗 https://t.co/LUG3K4RF

Business risk and the emergence of climate analytics | Nature Climate Change https://t.co/Gfm5wYDmBM

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @KellyHereid: Shameless inspiration for this panel was the @TanyaFiedler @kmac @sarahinscience paper on what the financial sector is try…

Anyone wants a copy of my paper you know what to do

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

My view nicely encapsulated by probably my fave paper this year, @TanyaFiedler @kmac @sarahinscience: https://t.co/HVLvaypUXT Why is it so great? Well, I don't think climate scis have quite gotten their arms around just exactly how weird things have gotte

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Okay first thread, very short. What do we mean by "climate models" in this paper? Not: ❌ Energy transition models ❌ Economic cli…

Shameless inspiration for this panel was the @TanyaFiedler @kmac @sarahinscience paper on what the financial sector is trying to do with climate model data. Go read it, if you haven't. Read it again, if you have. https://t.co/9AvzW0ZCZw

@andrearoeirap Estão criando modelos financeiros pra encontrar fórmulas de mostrar uma realidade "amenizada"para seus clientes, minimizando os riscos ou prejudicando a capacidade das empresas de aumentar a dívida ao exagerar os outros. https://t.co/9njuw4r

This recent article summarizes the demands by the business and finance community for climate information, and what climate models can and cannot currently provide. @TanyaFiedler @kmac @sarahinscience et al. 2021 https://t.co/T6LxwrGjIu

@kmac Great thread. Your points align with arguments put forward by Tanya Fiedler and Ted Shephard https://t.co/vtKexqDFgJ https://t.co/pvZkCEtfnr

Climate analytics and business risk.. https://t.co/LKnLsrtovM

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

@SkeleCap @FoolAllTheTime @crossdefault Free link for people without Nature subscriptions https://t.co/1ySHSzh9m0

@SkeleCap @FoolAllTheTime @crossdefault On the models, I co-wrote a paper about their use in finance:

@profadamsobel @cristiproist This is a pretty solid overview on the state of climate analytics in my corner of the private sector at the moment (paper and responding tweet threads) https://t.co/lRKqdylNwF

@RogerPielkeJr Add to that Fiedler et al (2021) " we summarize the demands by the business and finance community for reliable climate information, and the potential and limitations of such information in the context of what climate models can+cannot curren

RT @kmac: Okay first thread, very short. What do we mean by "climate models" in this paper? Not: ❌ Energy transition models ❌ Economic cli…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Their full submission is here: https://t.co/EkjXcHWRty Our Nature Climate Change paper is here: https://t.co/eewp4VmEPJ An summar…

Their full submission is here: https://t.co/EkjXcHWRty Our Nature Climate Change paper is here: https://t.co/eewp4VmEPJ An summary for industry, policymakers & regulators here: https://t.co/hXtnt7cQYQ

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

@DavidV5Goliath @MikeBloomberg But Fiedler et al (2021) say this kind of #climate forecasting of risk is not possible. https://t.co/hSxoqKBuDN #WhosZoomingWho #climaterisk @SEC_Enforcement

@AndrewDessler 😊 I came across this recent paper that seems to suggest this is a nascent field, at least in terms of immediate applicability for the business/finance world: https://t.co/PDrBGuKAik

RT @kmac: Anyway, if you're interested in this, here again is the paper link! We will soon have some summaries & perhaps guest posts explai…

https://t.co/rxNusnw6Y0

Business risk and the emergence of climate analytics | Nature Climate Change https://t.co/V8WIFR9EVp

Great summary by @kmac and her co-authors on business risks concerning climate change scenarios. Great summary of the available risks and which climate model to refer to! https://t.co/6Dv14dfxB0

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

気候変動のビジネスリスクについて、Nature Climate Changeに論文が投稿されました。 データから情報に、そして価値につなげていくのが大切、ということだと解釈してます https://t.co/tjyrBfPv5n

@wxjay @karalimck @profadamsobel This was perhaps a slightly sassy follow-up to the paper the other day on the state of private sector climate analytics. It leaves... much to be desired, but the communities don't talk much. Outreach needs to be a two-way s

Shareable link https://t.co/Z4CAy8RjoK

Excellent Business risk and the emergence of climate analytics https://t.co/pUHMsl9KRJ

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

Climate science has moved beyond the pure physical space. There are many exciting and urgent inter-disciplinary problems to solve. Yet most academic depts still build, recruit, and train based on blueprints from 2000s. Many missed opportunities. https://t.

@arvindpawan1 Climate science can help provide certain types of insights, especially around temperature changes over broad areas. However, models are not granular enough to provide asset-level risk assessments. I highly recommend this piece on climate risk

Many thanks, Peter, for flagging this important paper and pointing to the welcoming open door through the standard paywall! Lot's of people will be grateful for that, and it matters.

RT @JBARisk: A great new @NatureClimate paper discusses some of the key challenges faced by businesses looking to understand the financial…

A great new @NatureClimate paper discusses some of the key challenges faced by businesses looking to understand the financial impact of #climatechange, as well as challenges in implementing climate change into industry tools - read the full paper here: htt

"...the emergence of climate services requires the training of a new group of professionals, loosely termed here as ‘climate translators’." #scicomm @sarahinscience et al. in new @NatureClimate Perspective https://t.co/mFCzDnlOoZ

Very important paper for those interested in #climaterisk #climateanalytics #climatemodeling. Thank you @kmac @TanyaFiedler @sarahinscience et al. I’m just learning but here are my notes... (thread) (1/6)

https://t.co/Jdjjb42wWF @ProfSteveKeen As if we could jump from climate models to finance impacts, and the flawed intermediation by wrong economic models was not a problem....

@lynyrdsmyth ... I have not read this yet so no idea what it is like https://t.co/AU9ZvzqfIs

A Perspective in @NatureClimate summarizes the demands by the business and finance community for reliable climate information, and the potential and limitations of such information in the context of what climate models can and cannot currently provide. htt

https://t.co/z5veXSXdia

New paper by Fiedler et al. https://t.co/qg64BIt65Y discusses discrepancy between demand of disclosure of #climate related financial risks and what climate models can provide for it. Problem: usefulness of #climatemodels often is overrated, producing misle

RT @its_lukky: Great paper addressing concerns on the prolific misuse of climate models. This isn’t a tick box exercise. By misusing climat…

For scientists who spent careers to develop robust projections, it’s frustrating to see their efforts misconstrued. Instead of “climate risk analysts,” paper proposes “climate translators" to translate numerical weather prediction into info for non-experts

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

RT @kmac: Okay first thread, very short. What do we mean by "climate models" in this paper? Not: ❌ Energy transition models ❌ Economic cli…

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

This @TanyaFiedler et al. paper is beyond amazing. So many on-point observations. All climate service providers (public and private) should read it. https://t.co/WKeeCJDwnt

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

Fantastic thread by @kmac on her new Nature Climate Change paper on drawing insights from climate-economy models and implications for finance/regulators. Looking forward to reading the research in full! https://t.co/vhARQ1rQ18

RT @kmac: Okay first thread, very short. What do we mean by "climate models" in this paper? Not: ❌ Energy transition models ❌ Economic cli…

"financial sector, regulators and business ... might ... need to significantly co-invest in funding a climate modelling operational service" o.O

@AndreasBierman3 @TanyaFiedler @sarahinscience @SOAS https://t.co/1ySHSzh9m0 :)

Here researchers "summarize the demands by the business and finance community for reliable #climate information, and the potential and limitations of such information in the context of what climate models can and cannot currently provide." More at https:/

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

#RT A Perspective in NatureClimate summarizes the demands by the business and finance community for reliable climate information, and the potential and limitations of such information in the context of what climate models can and cannot currently provide.

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

V interesting thread. Passing along to NYC folks.

RT @oejwing: Climate models are good at decadal global averages. We need to understand transient local extremes. There is a diametric oppo…

This paper has I think made some climate scientists a bit dismayed at how climate science may be being used for providing climate risk info to business. Let me just look at the other side of the equation for a mo. https://t.co/2s42ddlkbp

RT @oejwing: Climate models are good at decadal global averages. We need to understand transient local extremes. There is a diametric oppo…

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

Climate models are good at decadal global averages. We need to understand transient local extremes. There is a diametric opposition between these, and the industry needs climate scientists to help navigate that divide. https://t.co/cROUdQvAjs https://t.co

RT @kmac: Very excited that a paper I co-wrote with awesome researchers @TanyaFiedler @sarahinscience Andy Pitman, Nick Wood, Christian Jak…

"Calls for the integration of climate science into risk disclosure & decision-making across many levels of economic activity has leap-frogged the current capabilities of climate science and climate models by at least a decade." Timely on how to close t

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…

@CdnChamberofCom @cd_ed ICYMI: @BizCouncilofCan @BizCouncilAB #riskmanagement https://t.co/a4v6FGxqpB

RT @KellyHereid: Seriously, climate scientist friends - you guys would not *believe* what passes for climate analytics in the private secto…