Showing posts with label catastrophes. Show all posts
Showing posts with label catastrophes. Show all posts

Wednesday, August 30, 2023

Catastrophe for Sale | Planet Finance (5/6)

Aug 26, 2023 | On Planet Finance, there is a market for almost anything. Even for a future disaster that has not yet occurred and may never happen. As the risks of climate change pile up, it appears that money can be made in the Disaster Bond Market on the risk of future wildfires, floods and hurricanes. There is speculation on what the probability is that a catastrophe will occur. And especially on how much damage it might cause. How does this market work? And who are the winners and who are the losers?

In this six-part documentary series, Marije Meerman takes you to Planet Finance. Who live and work there? What language do they speak? What is the use of this planet, and what makes this financial world so attractive to so many people?



Part 1.

Part 2.

Part 3.

Part 4.