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The tragedy of the horizon is that the catastrophic impacts of climate change will be felt beyond our immediate horizons, but the decisions we make today will determine the world we leave for future generations.

Mark Joseph Carney

Speech at Lloyd's of London, 2015 · Gecheckt op 10 juni 2026
The tragedy of the horizon is that the catastrophic impacts of climate change will be felt beyond our immediate horizons, but the decisions we make today will determine the world we leave for future generations.

Analyse

The 'tragedy of the horizon' concept, as described by Carney, aligns with scientific consensus that climate change effects (e.g., rising temperatures, sea levels) manifest over decades or centuries, yet are driven by current emissions and policies. The statement underscores the intergenerational responsibility of climate action, a widely accepted principle in climate science and economics.

Achtergrond

Carney, then Governor of the Bank of England, delivered this speech at Lloyd's of London in 2015 to highlight financial risks posed by climate change. The 'tragedy of the horizon' phrase was coined to describe the mismatch between short-term economic incentives and long-term environmental consequences.

Samenvatting verdict

Mark Carney's statement accurately reflects the long-term nature of climate change impacts and the urgency of present-day decisions.

Geraadpleegde bronnen

— Bank of England (2015). 'Breaking the Tragedy of the Horizon – climate change and financial stability'. Speech by Mark Carney.
— IPCC (2021). 'Sixth Assessment Report: Climate Change 2021: The Physical Science Basis'.
— Stern Review (2006). 'The Economics of Climate Change'.