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I'm currently in the early stages of developing a risk tool to change how lenders look at the climate risks of certain assets. The current practice is to price a set of risks at zero, although lenders freely admit that the risk is not zero. (As a side note, I find it strange how people whose job it is to think about risk seem to have no…
I'm currently in the early stages of developing a risk tool to change how lenders look at the climate risks of certain assets. The current practice is to price a set of risks at zero, although lenders freely admit that the risk is not zero. (As a side note, I find it strange how people whose job it is to think about risk seem to have no feeling for the subject.) From these sparse details, do you have any recommendations for me? One thought I've had is to portray the events behind the risks with a high degree of detail and show the cause and effect but I'd be curious if there are practices you think I should follow.
I also want to say thanks for Thinking In Bets. It's had a tremendously positive impact on me.
I think I would need more details. Hopefully you can join the upcoming AMA