4 December | Online

Pension funds are risking retirement savings by relying on flawed economic research that underestimates climate change risks. This report shows that many funds predict minimal impact from 2 to 4.3°C of warming, ignoring scientific warnings of severe threats. 

Key Findings: 

  • Pension funds use economic models predicting minimal damage from global warming.
  • These models conflict with scientific warnings of severe impacts. 
  • Economists’ reviews lack climate science expertise. 
  • Pension funds must correct misleading predictions. 
  • Financial regulators need accurate climate data for stress tests. 

The report urges all stakeholders to base climate policies on scientific evidence, treating climate change as a potential existential threat. 

Speakers:

  • Mark Campanale, Founder & Director, Carbon Tracker Initiative
  • David Russell, Chair of Board, Transition Pathway Initiative 
  • Willimeijn Verdegaal, Chief Product Officer, Trex Analysis  
  • Moderated by: Amy Owens, Finance & Net Zero Energy Transition Associate Analyst, Carbon Tracker Initiative

Click HERE to download the Supporting Slides (Modified for PDF format)

 

 

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