For biodiversity-related risks, I'll refer to what the insurance industry has to say about them, because they know all about physical risks. Climate risks are more readily quantifiable than the potential domino effect of these events on biodiversity, not to mention the impact of human and corporate behaviour on the environment. The domino effect on biodiversity is infinite. I believe these risks are much more difficult for scientists to quantify than climate risks—
On May 23rd, 2024. See this statement in context.