Unknown / Black Swan

The potential collapse of the Atlantic Meridional Overturning Circulation (AMOC), as identified by Iceland, represents a high-risk Black Swan event due to its potential to cause abrupt climate changes with global impacts. Such a collapse could lead to severe weather disruptions, affecting agriculture, sea levels, and global temperatures, with cascading effects on economies and geopolitical stability. This development is particularly concerning because traditional climate models may not fully predict the timing or extent of such a collapse, making it a quintessential Black Swan risk. The recognition of this threat by a nation underscores its plausibility and the urgent need for global attention.