Tangen links climate-driven harvest failures directly to persistent inflation and reinsurance costs
Worsening harvests (cocoa, olive oil, orange juice) are structurally underpinning inflation, while rising reinsurance rates and heat-related productivity losses make climate a tangible financial risk for long-horizon investors.
Tangen links climate-driven harvest failures to persistent food inflation
Worsening harvests from climate change are driving structural inflation in soft commodities (cocoa, olive oil, orange juice), which feeds into broader inflation and threatens equity returns — a new climate-finance transmission channel.