Calculating ongoing financial costs of climate change

A pair of financial analysts, one with the Reserve Bank of New Zealand, the other from Victoria University of Wellington, also in New Zealand, has conducted a global analysis of financial losses due to climate change. In ...

How stereotyping increases during economic crises

It's been almost exactly 15 years since Lehmann Brothers declared bankruptcy, marking the height of the financial crisis. Since then, we've entered the era of the "polycrisis"—where several catastrophic events are happening ...

Understanding compound events in a changing climate

Climate change has made extreme weather events more frequent and intense worldwide. Some examples of climate-related disasters in recent years include the serious flooding in Venice, Italy in 2019, the terrible heat waves ...

Riddle of varying warm water inflow in the Arctic now solved

In the "weather kitchen," the interplay between the Azores High and Icelandic Low has a substantial effect on how much warm water the Atlantic transports to the Arctic along the Norwegian coast. But this rhythm can be thrown ...

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