Olaf Weber, the CIBC Chair in Sustainable Finance at the Schulich School of Business, has some new research on the link between climate risk and credit risk. Climate change has made the future risky for all of us, and these risks have financial consequences. Prof. Weber explains how this affects banks, oil companies, and investors.

Dr. Jean-François Mercure is Senior Lecturer in Global Systems in the Department of Geography at the University of Exeter. Hector Pollitt is Head of Modelling at Cambridge Econometrics, an organization that makes economic data meaningful for policy-makers. Their work shows how different fundamental assumptions regarding the finance sector and the nature of money, lead to climate-change models with radically different results.