@marsiposa That is one example that kind of fits, yes.
The actual space I'm looking at at the moment though is physical climate-related financial risk disclosures. Thinking about how the results of risk assessments are not truly verifiable (even in the future they are only really verifiable at the economic scale, not for individual businesses).
I think that this means there is the possibility that the norms of the industry (a system made up of businesses, investors, risk assessors, regulators, etc. etc.) might drift such that the standard/"best practice" approaches become less and less representative of the true underlying risk profiles, because they are not strongly tethered by a responsive feedback loop of error detection and correction.
#climateScience #climateRisk #ClimateFinance #complexSystems #systemsThinking




