Climate change brings significant losses to the economies and financial systems. These losses can come with disasters such as wildfires and floods where infrastructure and property are destroyed or damaged. Other disasters like heatwaves and droughts can affect river levels and water transportation, reduce harvest or impact people’s health and productivity. Such losses can put significant pressure on the economies and financial systems. Can we assess them? Can we prevent or prepare for them? What measures are taken by governments to reduce the impact? Can we assess the efficiency of these measures? How much money needs to be invested to alleviate or avoid these losses?
These are the questions that we will discuss with my guest in today’s episode. Sahil Shah is a tech and sustainability entrepreneur from UK. He is also a researcher and a modeller of economic impact of disasters. He is a food security expert and a co-founder of several companies. His latest company Tipping Frontier focusses on modelling financial risks stemming from climate change and conflicts and allows assessing various policy interventions and necessity in investments to improve financial resilience. Sahil is an honorary research fellow at the University of Madison-Wisconsin, working in the food/energy/water nexus, a fellow at the Atlantic Council in Washington DC. He also contributes to working groups of the World Bank’s Famine Action Mechanism and the Chatham House Food and Land Use round table.
Books recommended by the guest: Atmosphere of hope: solutions to climate crisis - by Tim Flannery
The art of happiness - by Dalai Lama
Sustain Change & Grow podcast provides informative and inspiring discussions about climate change and sustainable habits. It shares powerful insights from guests in a range of different fields, from entrepreneurship, activism to psychology, that will help bring the needed changes in your life, to achieve conscious and sustainable success with your pursuits. New episode is published every second Tuesday. It is also available on Google podcasts, Apple podcasts and YouTube.
Please share your views, suggestions and critics by writing to me to scgrowpodcast@gmail.com
Dilyara Salakhova, PhD, is sustainable finance expert. Passionate about topics related to nature, climate change, sustainable lifestyle, as well as consciousness, Dilyara dedicates this podcast to raising awareness of climate change, and enhancing listener’s capacity to change and excel in their life.