Pension Board
CLIMATE SCIENCE AND ECONOMIC MODELLING
RESOLVED to accept the information
Pensions Committee
CLIMATE SCIENCE AND ECONOMIC MODELLING
it was resolved to investigate how the Gwynedd Pension Fund had taken the climate into account when setting the funding and investment strategies, and how this would evolve in the future. The main message from Carbon Tracker, a not-for-profit company that examined climate risk, was that economic papers ignored climate 'tipping points' which meant that changes in the economic impact from global warming were "much more likely to be disruptive and sudden, rather than continuous and relatively gradual". It was noted that concerns had been shared with Hymans Robertson, the Fund's investment consu…
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