Unknown / Black Swan

The potential collapse of the Atlantic Meridional Overturning Circulation (AMOC), as recognized by Iceland, represents a significant Black Swan risk due to its potential to drastically alter global climate patterns, affecting weather systems, sea levels, and biodiversity. This development is particularly alarming because it could trigger a cascade of environmental and socio-economic disruptions that are difficult to predict and manage. The recognition of this threat by a national government underscores its seriousness and the potential for widespread impact, making it a high-risk scenario that traditional models may not fully anticipate.