The Risk & Resilience Ledger
Sarah ConwayWriting on climate risk, resilience, and finance—how systems absorb shocks, adapt to volatility, and sometimes fail.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 9 | Subscribers | Read | riskandresilienceledger.substack.co... |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Nature Is Not a Trillion-Dollar Asset Class – And That’s Not the Problem
A familiar claim in nature finance is that nature could become a trillion-dollar asset class. It typically starts with a striking statistic: more than half of global GDP depends moderately or highly on nature. The conclusion seems obvious –...
The Rhino Bond
In the previous post, I argued that risk reduction changes pricing only when it crosses key institutional thresholds – contract-level recognition, capital recognition, and system-level risk allocation. This post examines one test case.
What Would It Take for Risk Reduction to Change Pricing?
In earlier posts, I argued that genuine risk reduction often fails to translate into lower insurance premiums – or, more broadly, a lower cost of risk-bearing capital.
Ecosystems and the Limits of Price Recognition
In earlier posts, I argued that adaptation finance is better understood as a balance sheet intervention than a revenue strategy – and that even genuine, costly risk reduction does not automatically translate into lower insurance premiums or...
Authors
The writers behind this newsletter.
Writing on climate risk, resilience, and finance - how systems manage shocks, adapt to volatility, and shape long-term outcomes.
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