cyclone gafilo

Towards a Trillion Dollars of Carbon-Related Loss & Damage in 2016

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The global loss and damage arising from all weather events that were attributable to man-made climate change in 2016 was   $953,905,000,000   This is based upon estimated carbon emissions for 2016 of 37,705,000,000 tCO2, and PAL’s global one-year Carbon Loss Index (CLIX) of $25.30 per tonne of CO2. The CLIX benchmark measures loss and damage attributable to […]

Towards a Trillion Dollars of Carbon-Related Loss & Damage in 2016 was last modified: July 18th, 2017 by Richard Clarke

Fact Sheet: The PAL Carbon Loss Index – CLIX

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In 2015 Predict Ability Ltd (PAL) introduced the PAL Carbon Loss Index (CLIX), which was specifically designed to put a price on the financial loss and damage arising from carbon emissions. CLIX uses the Reinsurance Event Attributed Carbon Tax (REACT) system and publishes intraday prices based on latest emissions, loss & damage and global surface […]

Fact Sheet: The PAL Carbon Loss Index – CLIX was last modified: April 25th, 2017 by admin