Don't Mess with Nature: Thunder and Lightning

05/26/20 • 21 min

Over the last 50 years, catastrophic weather-related events have dramatically increased in frequency. Just to put it into perspective, in 2018, there were 42 catastrophic events that cost more than a billion dollars each. Why? The concern is that as the planet warms, the sea surface temperature rises. And even the smallest increase in sea surface temperature has the potential to significantly increase the strength of a hurricane. Just last year in Britain, storm Ciara and Dennis were estimated to cost around £350M in damage. This comes at a huge cost to insurance companies. A cost which ultimately gets passed on to us through increased insurance premiums.

But the question is, how are the insurance companies spending your money and mine on the premiums they collect? Are they in fact contributing to the problem? And that affects all our premiums. It's all tied to nature. That's why the one thing we all need to learn is that looking after nature is the best insurance policy you could ever have.

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Hosted on Acast. See acast.com/privacy for more information.

Previous Episode

Don’t Mess With Nature: The Meaning of Life

We need to start thinking about how life is connected with money. Why? Because unless we can find a better state of equilibrium between natural capital - that’s life on earth, and financial capital - that’s the money that makes the world go around, there’s a real danger that we’ll continue to finance ourselves into extinction.

After all, we all invest into health insurance and pensions for our own wellbeing. So why wouldn’t we consider environmentally minded companies which nurture the planet for our families and future generations? These are the issues which the financial sector has to grapple with.

Hosted on Acast. See acast.com/privacy for more information.

Next Episode

Don't Mess with Nature: Chain Reaction

Today’s podcast is about chain reactions, and why they matter. Where our food comes from and how it affects nature is a big story. Supply chains are one of the leading causes of rainforest deforestation. I’ll give you an example of why. You probably know that Africa has the Big Five: lions, elephants, leopards, rhinos, buffaloes. Rainforests have got the Big Four. These are the four things that we need to bag if we're going to stop the destruction of the rainforests, and they are: beef, soya, palm oil and paper and pulp. These Big Four are responsible globally for about 60-70% of all the destruction of biodiversity across the world. But how are we going to stop this chain reaction and save life on our planet? It has to start from the top level - governments and corporates as well as consumers. Listen in as I take you through some global initiatives to clean up our supply chains, and what they’re achieving.

Hosted on Acast. See acast.com/privacy for more information.