Vacatures in het Actuariaat

How the economy and biodiversity loss can impact actuarial work

Bron: The Actuary - 05 mei 2021

Biodiversity underpins our economic success in numerous ways. It provides inputs for new medicines and multiple services such as pollination, erosion control, food supply and clean air. The disruption or loss of any of these services represents a significant financial risk. The World Wildlife Fund’s (WWF) Global Futures report, for example, estimates a loss of US$10trn in global GDP between 2011 and 2050 if current biodiversity loss trends continue. Actuaries should consider how these risks could impact their work and advice.

The link between the economy and the environment

In 2009, a group of scientists led by Johan Rockström identified nine core processes upon which humanity depends and defined the ecological limits for each, calling them ‘planetary boundaries’. Four of these processes – climate change, biodiversity loss, nitrogen and phosphorus cycles, and land use – have been pushed beyond their boundaries by human activity, increasing their risk of collapse.

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