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9781138187351

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As the impact of climate change progresses, relatively likely and foreseeable events, such as production shocks in the food systems as a result of disease, weather-related yield loss, infrastructure failures due to physical or digital issues, need to be better modelled and understood. This new understanding of risk, as a dynamic topography where sub-acute and acute trends and events may come together rapidly and at large scales requires new analytical foundations. The model, ERRE, presented in this book offers the foundation to simulate and query how these shocks may occur, and may cascade through the global social and financial systems. These insights are key to building the physical, community, and financial resilience that must be at the heart of humanity's efforts in the 21st century. -- Molly Jahn, Professor at University of Wisconsin-Madison, USA

As the impact of climate change progresses, relatively likely and foreseeable events, such as production shocks in the food systems as a result of disease, weather-related yield loss, infrastructure failures due to physical or digital issues, need to be better modelled and understood. This new understanding of risk, as a dynamic topography where sub-acute and acute trends and events may come together rapidly and at large scales requires new analytical foundations. The model, ERRE, presented in this book offers the foundation to simulate and query how these shocks may occur, and may cascade through the global social and financial systems. These insights are key to building the physical, community, and financial resilience that must be at the heart of humanity's efforts in the 21st century. -- Molly Jahn, Professor at University of Wisconsin-Madison, USA Nearly 50 years have passed since the publication of the first world model, the famous report to the Club of Rome titled 'The Limits to Growth'. Today, we see a remarkable return of interest in this subject and one result is this book by Pasqualino and Jones that extensively reviews the earlier work and includes the description an improved world model called ERRE. We badly need formal models to understand a world that's becoming way too complex for our intuition to grasp. This book is a considerable step forward in the right direction. - Ugo Bardi, Professor at University of Florence, Italy Roberto Pasqualino and Aled Jones have produced a hugely ambitious and timely piece of work. In its time, the original 'Limits to Growth' was hugely influential, and as we lurch towards a climate emergency, this thoughtful and thorough approach to modelling the world deserves to have as much impact, not least in its challenge to the dominant reductive economic thought. - Nick Silver, Chairman, Climate Bonds Initiative, UK The Anthropocene demands a fresh approach to analysing the real risks to humanity of a destabilising Earth System. This book is a big step towards meeting that challenge, exploring the shocks, feedbacks, tipping points and other disruptive surprises that might lie ahead. -- Will Steffen, Emeritus Professor at the Australian National University, Australia

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Roberto Pasqualino is Visiting Researcher of the Global Sustainability Institute at Anglia Ruskin University, UK. Roberto’s research interest is in feedback modelling of industrial policies for the analysis of financial risk and sustainability. This involves the nexus between food security, energy transition, and those environmental and economic shocks that have the potential to disrupt systems in a complex world. Aled Wynne Jones is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University, UK.

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