Climate crisis: Be the Indian elephant
Hindustan TimesThe global financial crisis of 2008 endorsed Nassim Taleb’s theory of black swans, high-impact events, the rarity of which makes it difficult to calculate their probability. Over the past year, however, this black swan has metamorphosed into a grey rhino, with second and third waves in many countries, overwhelming health systems, administrative capacity and community resilience. The pandemic offers four lessons that could inform how we prepare for the climate crisis. The systemic risks transcend boundaries — increasing transboundary water stress, falling farm yields in one region impacting food prices elsewhere, spread of vector-borne diseases, or human security concerns, resulting in environmental refugees. As the climate crisis unfolds, perhaps what is needed is not a swan or a rhino but an Indian elephant, whose long memory can remind us of times when we were unprepared.
History of this topic
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