Change Quote by Brian Deese
“Our research indicates that, for example, the physical risks of climate change - both the direct risks to facilities, but also the indirect risks to economic growth and otherwise, are more pronounced and happening more quickly than a traditional perspective would suggest.”
About This Quote
Source Speech: Climate Risk Briefing, US Treasury, 2023
Physical climate risks are accelerating faster than traditional models predict, affecting facilities and economic growth directly and indirectly.
In simple terms: Climate risks are rising quickly, hurting assets and economies.
Key Takeaway
Act now to reassess and mitigate climate threats.
Themes
climate change
risk management
economics
infrastructure
policy
Mood
urgent
concerned
proactive
Type
analytical
policy-oriented
When to use this quote
- corporate planning
- government policy
- investment decisions
- urban development
Key Concepts
systemic risk
resilience
adaptation
Questions to Reflect On
- How can we improve risk forecasts?
- What immediate actions can protect vulnerable assets?
A Different Perspective
Traditional models may underestimate speed and severity of impacts.
