Unknown / Black Swan

The potential collapse of the Atlantic Meridional Overturning Circulation (AMOC) poses a high-risk scenario due to its critical role in regulating climate patterns across the Northern Hemisphere. Such an event could lead to severe and abrupt climate changes, affecting weather systems, sea levels, and ecosystems globally. This development is particularly concerning because it represents a complex system that is difficult to predict and manage, with potentially irreversible impacts. The identification of this risk by Iceland underscores the urgency and gravity of the situation, as it could trigger a cascade of environmental, economic, and geopolitical challenges worldwide.