Transition Risks, Creative Destruction, and Stranded Assets

  • Focus Area -
  • Type Instant Insight
  • Date 11 March 2020
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Abstract

Ten years ago, climate risks were absent from the top five global risks in the World Economic Forum’s Global Risks report. In their 2020 report, the top five global risks are all climate-related: extreme weather, climate action failure, natural disasters, biodiversity loss, and manmade environmental disasters.

Authors

Nawaz Peerbocus

Nawaz Peerbocus

Strategy and Planning Director Nawaz was the Strategy and Planning Director at KAPSARC. He was previously the program director for Energy Transitions and Electric…

Nawaz was the Strategy and Planning Director at KAPSARC. He was previously the program director for Energy Transitions and Electric Power. Before joining KAPSARC, he was the Chief Economist at the Saudi Electricity Company (SEC) where he led the strategic transformation project and advised on strategic planning issues. Before SEC, Nawaz was director of Market Strategy at Enbala and senior economist at the Ontario Independent Electricity System Operator.

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