Risky Business: The Economic Impact Of Climate Change

How much economic risk does the United States face from the impacts of climate change? The Risky Business initiative will help us find out.

Risky Business includes two core components:

An independent risk assessment will combine existing data on the current and potential impacts of climate change with original research that will quantify potential future costs. The results, to be released in the summer of 2014, will reveal the likely financial risk the United States faces from unmitigated climate change.

An engagement effort will target the economic sectors most at risk from a changing climate, and begin the process of helping leaders from across these sectors prepare a measured response to the risks they face. The engagement will be led by a risk committee composed of top national and regional leaders from across the American economic and political spectrum.

Risky Business is a joint initiative of Bloomberg Philanthropies, the Office of Hank Paulson, and Next Generation. Additional support for Risky Business was provided by the Skoll Global Threats Fund.

Risky Biz RC Release FINAL Jan 13 2014

Risky Biz RC Statements APPROVED Jan 13 2014

Disclosure: None.

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Dr. Paul Price 7 years ago Contributor's comment
The idea/audacity that man can control the forces of nature is absurd as trying to legislate the oceans' tides. Fluctuations in temperature have always happened and will continue to take place. Throwing billions or trillions of dollars into trying to stop the inevitable is a waste of human resources.