Climate Change Modeling with Limited Data: Strategies for Financial Risk Assessment

Explore a thought-provoking 40-minute conference talk on tackling climate change challenges in financial decision-making. Dive into Hymans Robertson's innovative approach to addressing climate risk and net-zero investment strategies. Learn how the firm combines empirical data and statistical models to construct narrative-based scenario analyses, overcoming the limitations of traditional modeling frameworks when dealing with sparse and noisy data. Gain insights into the complexities of offering actionable advice on climate-related financial risks and discover how quantitative analysis remains crucial for decision-making in this uncertain landscape. Suitable for students and professionals with some technical knowledge, this introductory-level presentation from the Data Science Festival Oktoberfest 2023 event offers valuable perspectives on adapting financial risk management techniques to the unique challenges posed by climate change.

Many models, few data or: How I learned to stop worrying and love climate change