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Explore how climate change threatens economic stability in this 11-minute TED talk by sustainability expert Edmond Rhys Jones. Discover the significant disconnect between scientific understanding of climate risks and current economic measurement systems that fail to capture the true impact of environmental disruption. Learn why traditional economic models are inadequate for assessing climate-related financial risks and how economists can adopt scientific tools like simulations and digital twins to better prepare for climate-induced economic turbulence. Gain insights into the urgent need for new economic frameworks that accurately reflect the relationship between environmental changes and financial systems, and understand how bridging the gap between climate science and economic analysis is crucial for building resilience against future climate shocks.
