The U.S. economy faces significant risks from unabated climate change. Every year of inaction serves to broaden and deepen those risks. Founded by co-chairs Michael R. Bloomberg, Henry M. Paulson Jr., and Thomas F. Steyer, the Risky Business Project examined the economic risks presented by climate change and opportunities to reduce them.
The changing climate will present new risks and new opportunities as we face the very complex task of producing enough food, feed, and fuel for a world on its way to nine billion increasingly prosperous people.
If we were told – in any sphere – that we had at least a 90% chance of averting a disaster through changes we ourselves could make, wouldn’t we take action?
The Risky Business Project focuses on quantifying and publicizing the economic risks from the impacts of a changing climate.