There are countless research areas looking for optimal metrics to capture climate-related risks. This is important work. But it is also important to take action and avoid getting stuck in “analysis paralysis,” where over-analyzing a situation delays or even prevents decision-making. Understanding the impacts or even assessing the risk of climate change is very complex. We need to refine our perspective and better understand how climate-related risks affect our industry. (Joachim Wuermeling).

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