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Global Economy Could Lose $3 5trn in Systemic Cyber-Attack

Global Economy Could Lose $3 5trn in Systemic Cyber-Attack
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City ofUnited kingdomBruce carnegie brownWorld economic forumCambridge centre for riskCambridge centreRisk studiesJapan most

Trillions at risk if payments hacked

A cyberattack on an important financial payments system could result in losses of $3.5 trillion to the global economy, the world’s largest insurance market has

United kingdomCity ofCambridge centre for riskCambridge centreRisk studies

New scheme to build energy supply chains in emerging world

The scheme will offer financial and technical support to help emerging market and developing countries boost production of clean energy goods and “increase their participation in global mineral value chains,” Japan’s Ministry of Finance and the World Bank said in a statement

City ofUnited kingdomSouth koreaShunichi suzukiTrevor maynardCambridge centre for riskPartnership for resilientInternational monetary fundWorld bankFinance minister shunichi suzukiInclusive supply chainCambridge centreRisk studiesExecutive directorSystemic risksGreater china

Climate risk: Lloyd s of London warns extreme weather could incur $5tr of economic losses over five years

Fresh modelling highlights huge financial risks of failing to tackle escalating climate risks

New zealandUnited kingdomCity ofIlan noyJohn nealVictoria university of wellingtonCambridge centre for riskCambridge centreRisk studiesGreater chinaNature communicationscalculatedVictoria universityClimate change

Feast or famine: Are we underestimating climate risks to food systems?

A new analysis has spelled out the high likelihood of losses exceeding $5trn from extreme weather impacting food and water systems over the next five years. Will this be enough to boost policymakers' focus on sustainable food?

United kingdomCity ofFrance generalIlan noyDavid edwardsAgriculture organisationWorld meteorological organizationCambridge centre for riskFaversham house ltdNature communicationsWorld economic forumCambridge centreRisk studiesProfessor ilan noyParis agreement

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