With our guest Sandy Trust, a distinguished actuary in the UK who sits on the council of of the IFOA based in the UK, we get into the one area nobody wants to look at. The Point of No Return. Sandy provides a comprehensive overview of the risks associated with climate change, emphasizing the importance of understanding temperature thresholds and tipping points. He highlight the interconnectedness of Earth’s systems and the urgent need for collective action to mitigate the impacts of climate change before it is too late. This conversation serves as a stark reminder of the precarious state of our planet and the critical choices we face in the coming years.
Key highlights are:
-Understanding the “Point of No Return”
-What is the “Point of No Return”?
-Why is it Important?
-Temperature Thresholds and Their Implications
-The Paris Agreement Goals
-Understanding Temperature Sensitivity
-Implications of Exceeding Temperature Thresholds
-What are Tipping Points?
-Known Tipping Points
-Consequences of Crossing Tipping Points
Further reading:
2022 – Tipping points with Sir David King (CCAG) – climate change is a risk mgt problem, tipping points change everything
2023 – Emperor’s New Scenarios with Tim Lenton (Exeter) – climate change scenario analysis is understating risk, we need to work backwards from ruin
2024 – Climate Scorpion – the sting is in the tail with Tim Lenton (Exeter) – warming is accelerating, and the climate may be much more sensitive than we think to GHGs
The 5Cs podcast, book and community are about shining a light on a better path. Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman on LinkedIn and here. Consider subscribing for more thoughts from the 5Cs on Substack.