Adaptation planning needs the same discipline as any capital allocation decision: quantify the risk, price the intervent...
Oil Spill #4 Oil Skimming Boat, Near Ground Zero, Gulf of Mexico, June 24, 2010 © Edward Burtynsky, courtesy Nicholas Metivier Gallery, Toronto
There are two ways to predict flood damage in a warming world. One adjusts the past. The other rebuilds from the weather...
Suguta Valley #1, Kenya, 2017 © Edward Burtynsky, courtesy Nicholas Metivier Gallery, Toronto
The Bank of England's PRA is clear - climate risk is a driver of financial stability, and firms are expected to quantif...
Colorado River Delta #2 Near San Felipe, Baja, Mexico, 2011 © Edward Burtynsky, courtesy Nicholas Metivier Gallery, Toronto
Climate Risk 2.0 is a minimum standard for physical climate risk measurement, not a product or vendor claim. It requires...
Homesteads #27 Coleman, Crowsnest Pass, Alberta 1985 © Edward Burtynsky, courtesy Nicholas Metivier Gallery, Toronto
In 2024, OSFI and l'AMF built Canada's mandatory climate stress test on flood data from a single company. That's not a c...
Urban Renewal #4, Old City Overview, Shanghai, China, 2004 © Edward Burtynsky, courtesy Nicholas Metivier Gallery, Toronto
Adaptation investments are routinely treated as sunk compliance costs, a framing that understates their true economic va...