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New AI research reveals financial costs of climate change | East Anglian Daily Times


Dr Matthew Agarwala, from the School of Environmental Sciences at UEA
- Credit: Matthew Agarwala
Dr Matthew Agarwala, from the School of Environmental Sciences at UEA, explained: “As climate change batters national economies, debts will become harder and more expensive to service. Markets need credible, digestible information on how climate change translates into material risk.” 
“By connecting the core climate science with indicators that are already hard-wired into the financial system, we’ve shown that climate risk can be assessed without compromising scientific credibility, economic validity or decision-readiness.”  
The research found that if nothing is done to curb greenhouse gases, then 63 nations could be downgraded by 2030. Germany, India, Sweden and the Netherlands would see a serious drop with the US, Canada and the UK also falling, albeit it a little less.    ....

France General , United Kingdom , Patrycja Klusak , Matthew Agarwala , Matt Burke , University Of Cambridge , Norwich Research Park , University Of East Anglia , Norwich Business School , School Of Environmental Sciences , Business School , East Anglia , African Studies , Rising Temperatures , Falling Ratings , Climate Change , Sovereign Creditworthines , Environmental Sciences , Paris Climate Agreement , Paris Agreement , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , மேத்யூ அகர்வாலா , மேட் பர்க் , பல்கலைக்கழகம் ஆஃப் கேம்பிரிட்ஜ் , நார்விச் ஆராய்ச்சி பூங்கா ,

New AI research reveals financial costs of climate change


Dr Matthew Agarwala, from the School of Environmental Sciences at UEA
- Credit: Matthew Agarwala
Dr Matthew Agarwala, from the School of Environmental Sciences at UEA, explained: “As climate change batters national economies, debts will become harder and more expensive to service. Markets need credible, digestible information on how climate change translates into material risk.” 
“By connecting the core climate science with indicators that are already hard-wired into the financial system, we’ve shown that climate risk can be assessed without compromising scientific credibility, economic validity or decision-readiness.”  
The research found that if nothing is done to curb greenhouse gases, then 63 nations could be downgraded by 2030. Germany, India, Sweden and the Netherlands would see a serious drop with the US, Canada and the UK also falling, albeit it a little less.    ....

France General , United Kingdom , Patrycja Klusak , Matthew Agarwala , Matt Burke , University Of Cambridge , Norwich Research Park , University Of East Anglia , Norwich Business School , School Of Environmental Sciences , Business School , East Anglia , African Studies , Rising Temperatures , Falling Ratings , Climate Change , Sovereign Creditworthines , Environmental Sciences , Paris Climate Agreement , Paris Agreement , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , மேத்யூ அகர்வாலா , மேட் பர்க் , பல்கலைக்கழகம் ஆஃப் கேம்பிரிட்ஜ் , நார்விச் ஆராய்ச்சி பூங்கா ,