The Honest Broker Newsletter • 3798 implied HN points • 02 Feb 26
- A high-profile economic review became hugely influential and helped shape global climate policy and the later rise of “climate risk” in finance.
- Its projections of rapidly escalating disaster losses relied on unsupported numbers and misrepresented sources, producing large forecast errors compared with actual losses.
- A peer-reviewed critique documented these mistakes but was largely ignored, showing that high-profile scientific errors can persist and continue to affect policy and finance.