Physical climate risk has emerged as a prominent threat to the financial sector and the global economy. Understanding investments exposure to risk from climate hazards is a critical step toward building resilience.
The purpose of this paper is to provide companies and financial organizations with a common understanding of climate-related physical risks according to climate science, to identify gaps in the publicly available guidance to assess those risks, and to
This report summarizes key developments across third party climate risk assessment providers since May 2019, including new and updated scenarios, methodological tools, as well as an overview of changing regulations and potential developments into 2021.
This report summarizes the practical lessons and resources from a 3-year collaboration between climate experts and financial institutions for the ClimINVEST European research project. It explains how four major challenges were partly mitigated during the
Center for International Climate Research
Institute for Climate Economics
$500 million World Bank loan for Indonesia aims to help build and strengthen its financial response to natural disasters, climate risks, and health-related shocks.
This Guidance note was designed to help Russian Chapter’s Non-Executive Director community address the new physical climate risks coming from climate change.
It provides a set of key questions that Non-Executive Directors can use to hold informed and
NZ will be the first country in the world to require the financial sector to report on climate risks, the Minister for Climate Change James Shaw announced today.
The central message of this report is that United States of America financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and
Catastrophic risk events occur far more frequently than is commonly assumed. It is a certainty that there will be another disruption, even if its precise form and timing are unknown. The model by which society currently manages catastrophic perils -with
Climate change is one of the most significant structural force shaping the global economy. Its impact will be substantial and diverse, affecting all economic agents and sectors across the globe. This report compiled by the Network for Greening the
The Central Banks and Supervisors Network for Greening the Financial System
